Lloyd’s/London

Markel International promotes two board members

Markel International has announce the promotion of two members of the board. Jeremy Brazil has been promoted from director of London underwriting to active underwriter syndicate 3000, and William Stovin has been appointed chief administrative officer.

Asbestos hits Everest 4Q but analysts happy

Bermudian reinsurer, Everest Re saw its fourth quarter combined ratio battered as it felt the effect of its recent bolstering of asbestos-related reserves, but market analysts reacted favourably to the clean-up operation.

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