kel International division conducts its reinsurance operations from its London- based platform, and from its platform in Latin America, which includes Markel Resseguradora do Brasil S.A. Product offerings within the Reinsurance segment fall within various major product groupings, such as property, casualty, auto, and other. Property treaty products are offered on an excess of loss and quota share basis for catastrophe, per risk and retrocessional exposures worldwide. The company’s catastrophe exposures are generally written on an excess of loss basis and target both personal and commercial lines of business providing coverage for losses from natural disasters, including hurricanes, wind storms and earthquakes. The company also reinsures individual property risks, such as buildings, structures, equipment and contents; and provides coverage for both personal lines and commercial property exposures. The company’s retrocessional products provide coverage for all types of underlying exposures and geographic zones. A portion of the property treaty business covers the United States exposures, with the remainder coming from international property exposures. The company’s casualty treaty reinsurance programs are written on a quota share and excess of loss basis; and include general liability, professional liability, workers' compensation, medical malpractice and environmental impairment liability. General liability reinsurance includes umbrella and excess casualty products that are written worldwide. The company’s professional liability reinsurance programs are offered worldwide and consist of directors and officers liability, including publicly traded, private, and non-profit companies in both commercial and financial institution arenas; lawyers errors and omissions for small, medium and large-sized law firms; accountants errors and omissions for small and medium-sized firms; technology errors and omissions and cyber liability focusing on network security and privacy exposures. The company’s workers' compensation business includes catastrophe-exposed workers' compensation business. Medical malpractice reinsurance products are offered in the United States and include quota share, excess of loss and stop loss coverage for physician and surgeon medical malpractice specialty writers, member-owned hospital writers focusing on small-to-medium size facilities, national hospital writers focused on primary or lower excess layers on medium size facilities and long-term care writers focused on privately held, religious based or state sponsored non-profit programs. Environmental treaty reinsurance provides coverage for pollution legal liability, contractors pollution and professional liability exposures on both a nationwide and regional basis within the United States. Auto reinsurance treaty products are offered on a quota share and excess of loss basis, and include commercial and non standard personal auto exposures predominantly in the United States. Commercial auto coverage is provided to national and regional carriers while non standard personal auto coverage is offered to regional and single state ceding companies. The company’s auto reinsurance treaty products previously included exposures in the United Kingdom, however, the company ceased writing any new auto business in the United Kingdom in 2014. Other treaty reinsurance products offered in the Reinsurance segment include aviation, which includes commercial airline hull and liability coverage, as well as general aviation for risks worldwide; structured and whole turnover credit, political risk, mortgage and contract and commercial surety reinsurance programs covering worldwide exposures; onshore and offshore marine and energy risks on a worldwide basis, including hull, cargo and liability; agriculture reinsurance for Multi-Peril Crop Insurance, hail and related exposures, covering risks located in the United States and Canada; and public entity reinsurance products, which offer customized programs for government risk solutions, including counties, municipalities, schools, public housing authorities and special districts (water, sewer, and parks) located in the Unit
markel corp (MKL:New York Consolidated)
4521 Highwoods Parkway
Glen Allen, VA 23060
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