Markel stops writing London open market property
Three people will be made redundant following the move which was made because the business sector was "not profitable".
Markel International has ceased writing London open market property business with immediate effect.
The move will lead to a total of three redundancies and a spokesman for the insurer confirmed that discussions were now being held to find places within Markel for the other people on the team.
The same spokesman declined to comment on the volume of the impacted business.
According to Markel, the development does not impact its US and Bermuda property businesses which “have not faced the same
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