Markel Corporation has received a subpoena from the New York office of the US Securities and Exchange Commission (SEC).
The SEC is seeking information about its transactions with Toronto-based Fairfax Financial Holdings. The inquiry is to focus on Markel transactions in Fairfax stock and about any non-traditional reinsurance deals between the companies.
Markel said it "does not believe" it has entered any non-traditional contracts with Fairfax, which itself was subpoenaed by the SEC earlier this year.
In January, Markel sold a reinsurance unit, Corifrance, to a Fairfax subsidiary.
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.
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.
