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U.A.E.: Markel plans to join Lloyd's Middle East platform

July 16, 2014 - 6:00am

Markel International Ltd.'s international development director, Simon Wilson, has told Middle East Insurance Review that the specialist insurer is planning to join the Lloyd's of London Middle East platform based in Dubai.

The move is subject to regulatory clearance. Mr. Wilson said there has been "an increasing amount of business opportunity through the Middle East for our trade credit insurance product." Markel hopes to expand into other business areas in the Middle East after launching trade credit insurance, Middle East Insurance Review reported.

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