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-Markel International splits unit

Nov 06, 2018 - Global Banking News

Global Banking News - 06 November 2018

Specialist insurance service provider, Markel International, has said that it is to split its largest unit into two.

The firm said that its marine energy division, which has become the biggest unit at the specialist insurer, has been split into two standalone businesses. The move will be actioned as of January 1. Chris Fenn and Julian Samuel will then lead the two units.

According to InsuranceBusinessMag, the firm's president, William Sto...