Message from Managing Director for Markel in Asia

15 September 2020

 

Markel International, Singapore

COVID-19 has had a huge impact on people and business. To contain the outbreak and avoid the fallout, governments around the world imposed stringent measures which have severely impacted economic activities and international trade. 

Although there are some signs of recovery now, the ultimate outcome remains uncertain. And we must be prepared to live in a time of change and greater uncertainty. 

In this issue we reflect on some these uncertainties, some of the opportunities we see and where our expertise can support you and your clients. From landmark credit insurance in Taiwan, measures implemented by the Hong Kong government to support the marine sector, the D&O implications of the changes in the Chinese securities law, growing concerns of political risks in Asia, our investment in renewables in the region, Markel’s specialist underwriters provide insight into several topical developments. 

Indeed, we care about managing risk before it becomes an issue. Markel has been insuring the usual and the unusual for nearly 100 years. Our long history gives us deep understanding of risk and the financial strength to stay by your side as we progress into a future.

In Asia, our underwriters remain available at any time, and have the expertise and authority to make informed, final decisions as swiftly as possible so that your dealings keep moving forward.  I hope you have found this evident more than ever over the past few months. 

Our goal is to liberate people and businesses from the unknown, providing greater certainty, with a more thoughtful approach to insurance. This means you have the confidence and freedom to perform at your best, and are enabled to focus on growing your business. 

We take the time to really get to know the businesses we insure and tailor products based on what matters most. And because we work as one, we collaborate freely across Markel to create the best solutions possible, regardless of where you or your clients are in the world.

And if the worst should happen, you can trust that our claims service is fair, honest and fast. With us, you always know where you stand, year in, year out.

We call this Performance Freed.

 

 

Christian Stobbs

Managing Director - Asia

 

ENDS

 

About Markel International:

Markel International is a division of Markel Corporation, a US-based holding company trading on the New York Stock Exchange (NYSE: MKL). Markel International writes insurance and reinsurance business through six divisions and through offices across the UK, Europe, Canada, Latin America and Asia Pacific. Markel International’s insuring entities include Syndicate 3000, Markel International Insurance Company Limited, Markel Insurance SE., and Markel Resseguradora do Brasil S.A.

Its UK national markets business also provides legal and professional fees insurance cover as well as legal and tax consultancy services.