The FSR of Markel International was lowered from “A” to “A-” by A.M. Best. At the same time, senior debt ratings for Markel International and Markel Corp. were lowered from “bbb+” to “bbb” while the preferred stock rating of Markel Capital Trust I was downgraded from “bbb” to “bb+” respectively.
Additionally, the “A” FSRs of the following Markel members were affirmed: Markel North American Insurance Group, Essex Insurance Co., Evanston Insurance Co., Markel Insurance Co., and Markel American Insurance Co. The “A-” FSRs of Markel members Associated International Insurance Co. and Deerfield Insurance Co. were also affirmed.
Was this article valuable?
Here are more articles you may enjoy.
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says
Intersecting Risks and the Future of Construction Insurance
AM Best Upgrades Credit Ratings of Missouri’s Columbia
Florida’s Unemployment Rate Is Surging Even as High-Profile Companies Move In 


