Markel Insurance announces agreement to sell reinsurance renewal rights to Nationwide

Markel Insurance announces agreement to sell reinsurance renewal rights to Nationwide

RICHMOND, Va., July 30, 2025 /PRNewswire/ -- Markel Insurance, the insurance operations within Markel Group Inc. (NYSE:MKL), has entered into an agreement to sell the renewal rights for its Global Reinsurance business to Nationwide. The sale is part of Markel's…

Vast number of Global Re underwriters that joined Ryan Re key part of renewal rights deal: Markel's Wilson

Simon Wilson, Chief Executive Officer (CEO) of Markel Insurance, said recently that a really important part of the firm’s deal to sell the renewal rights for its Global Reinsurance business to Nationwide, was the large number of the reinsurance underwriting team that had already moved to Ryan Re Underwriting Managers, Ryan Specialty’s MGU. As we wrote this morning, Markel has placed its Global Reinsurance business into run-off and agreed to tran…

Markel agrees to sell reinsurance renewal rights to Nationwide

’With this change, we will sharpen our focus on doing more of what we do best by growing our core specialty insurance business,’ says chief executive

Nephila catastrophe premiums soar, revenue rises, as Markel sells reinsurance renewal rights - Artemis.bm

Nephila Capital, the insurance-linked securities (ILS) investment manager arm of Markel, has written 75% more in property catastrophe reinsurance premiums