High Court approves merger of Markel International and Markel Europe

William Stovin, Markel International

Markel is merging its two UK-based insurance companies, Markel International Insurance Company and Markel Europe.

The High Court in London approved the proposed merger on June 5.

Markel Europe was acquired as part of US parent group Markel Corporation’s acquisition of Bermuda-based (re)insurer Alterra in 2013.

Markel International, based in London, is Markel’s main non-US business. In addition to its UK insurance company, the division also operates Syndicate 3000 at Lloyd’s. It is run William Stovin (pictured).

The company said the purpose of the merger is to increase operational, regulatory and capital efficiency of its European group.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.