Markel International has stopped writing aviation risks
The company said the decision was due to the deterioration in aviation rates coupled with increased capacity in the market.
As a result of these factors, it said that "opportunities for making the level of underwriting profit we demand have narrowed".
In a statement the company said: "While the aviation division has consistently produced an underwriting profit for Markel, it has always been a small part of our business and we have always been small players in the London market."
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.
