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Markel readies for Brexit, transfers European business to Germany

Posted On: Apr. 2, 2019 5:49 AM CST

U.S.-based insurer Markel Corp. has transferred its European business to its Germany-based unit – Markel Insurance S.E. – from its U.K. subsidiary to maintain access to its clients post Brexit, reported. The U.K. High Court recently granted permission to Markel to transfer its European business from Markel International Insurance Co. Ltd. to its German unit.

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