About Markel International

Markel International Limited is the London based subsidiary for the international operations of Markel Corporation, the international property and casualty insurance group headquartered in Richmond, Virginia. Founded in the early part of the twentieth century, Markel Corporation wrote gross premiums of $2.2 billion in 2008. Markel Corporation has a market capitalisation of approximately $3.0 billion as at December 31, 2008. Markel International wrote gross premiums of $693 million in 2008.

Markel International operates in the UK through two commercial entities:

• Markel International Insurance Company Limited (MIICL), its London based insurance company; and
• Markel Syndicate 3000, a 100% owned Lloyd’s corporate syndicate.

MIICL is licensed:
• for insurance in all EU countries
• has a Surplus Lines licence in 47 US States plus District of Columbia & US Virgin Islands
• is an Accredited Reinsurer in 47 US States plus District of Columbia

MIICL can also write insurance in a number of other overseas territories and reinsurance in most countries around the world. Markel Syndicate 3000 benefits from the Lloyd’s global licences and therefore is able to write insurance and reinsurance business worldwide.

At December 31, 2008, Markel International Insurance Company Ltd had shareholders’ equity of approximately $350 million and Markel Syndicate 3000 has a capacity for the 2009 year of account of $340 million.

Markel International has six operating divisions and overseas operations in Canada, Singapore, Spain and Sweden.  These divisions and overseas operations write business into both MIICL and Syndicate 3000.

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Markel International Fact Sheet

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