Markel names world head of disaster and publicity administration

Markel Company has appointed Amandeep Dhillon (pictured above) as managing director, world head of disaster and publicity administration.

Dhillon has over 15 years of expertise within the insurance coverage trade, with experience in disaster danger administration and ceded reinsurance. He joins Markel after practically eight years with AIG, the place he most lately held the function of senior ceded reinsurance officer – property & credit score traces.

In his new function at Markel, Dhillon will probably be answerable for main the corporate’s method to disaster and publicity administration throughout its world insurance coverage and reinsurance platform, overlaying all traces of protection together with property and marine, casualty, cyber, {and professional} legal responsibility.

He will probably be based mostly in Markel’s Glen Allen workplace in Virginia and can report back to Guenter Kryszon, world government underwriting officer, property.

“Accelerating Markel’s disaster and publicity administration capabilities throughout the platform is a strategic precedence, and Amandeep Dhillon’s intensive expertise will convey large worth to the organisation,” stated Kryszon.

Earlier this yr, Markel additionally launched its full-year outcomes for 2022, posting a complete loss to shareholders that amounted to US$1.3 billion. It additionally reported web funding losses value US$1.6 billion.

“Complete loss to shareholders in 2022 resulted from web funding losses and unrealised losses on our mounted maturity portfolio, which greater than offset working earnings from our insurance coverage and Markel Ventures operations,” the corporate stated in a press launch detailing its 2022 figures.

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