CARIBPR WIRE, Hamilton, Bermuda, Weds. April 29, 2026: Powertranz, a leading payment gateway in the Caribbean and Central America, today announced a strategic partnership with 1Money, the first vertically integrated financial stack. The collaboration enables Powertranz clients to settle invoices and pay for Powertranz services using stablecoins, offering a faster, more flexible alternative to traditional international cross-border payment methods.

With over 27 years of experience, Powertranz is at the forefront of payment innovation in the region. This new partnership represents a further step in that journey – one that recognises the growing role of digital assets in the global payments landscape and the evolving expectations of modern merchants.

By integrating 1Money’s platform, Powertranz clients can now settle Powertranz invoices faster and more efficiently than traditional cross-border transactions. The integration eliminates many of the inefficiencies associated with traditional international transfers, including delays and high conversion costs, while remaining fully compliant with applicable regulations. This is the first phase of a wider stablecoin payments strategy.

“At Powertranz, we are committed to giving our clients more choice in how they do business with us. By enabling stablecoin payments for our services, we are making it easier for clients to pay us in a way that is modern, efficient, and aligned with the evolving global payments landscape. We are pleased to be working with 1Money, whose platform is built to support compliant stablecoin and fiat flows with global bank on- and off-ramps.”

— Chris Burns, Powertranz CEO

Key Client Benefits

•  Enhanced flexibility: Stablecoins are now available as an additional payment option, giving clients greater freedom in how they settle invoices with Powertranz.

•  Improved payment efficiency: Stablecoin settlements are faster and more streamlined than traditional methods, particularly for cross-border payments where delays and currency conversion costs have historically posed challenges.

•  Continued innovation: This partnership underscores Powertranz’s commitment to evolving alongside the needs of merchants and the broader global payments ecosystem, ensuring clients always have access to best-in-class solutions.

About Powertranz

Powertranz is a leading payment gateway powering online and in-store payments for merchants across the Caribbean and Central America. With over 25 years of experience, PCI DSS Level-1 certification, and integrations with banks and shopping carts across the region, Powertranz provides secure, multi-currency payment solutions, tokenization services, and fraud management solutions to more than 10,000 businesses – processing more than 60 million transactions annually. Powertranz is headquartered in Hamilton, Bermuda.

Website: www.powertranz.com

About 1Money

1Money is the first vertically integrated, full-stack infrastructure company providing a unified technology layer across the lifecycle of stablecoins and real-world assets (RWAs). The 1Money ecosystem consists of three synergistic pillars:

1. 1Money Network, a patent-pending Layer-1 blockchain purpose-built to be the fastest, cheapest, and most scalable network for compliant stablecoin and RWA transactions
2. 1Money.com, a licensed and regulated orchestration platform that enables users to receive, buy, sell, convert, send, and custody both stablecoins and fiat currencies domestically and globally; and
3. 1Money Issuance, an institutional-grade “Issuance-as-a-Service” solution that allows partners to launch white-labelled stablecoins for their own customers.

Operating through fully regulated entities and holding more U.S. money-transmitter licenses than most major stablecoin competitors, 1Money combines the rigor of traditional finance with the always-on speed and efficiency of Web3. This foundation enables faster settlement, lower costs, and enterprise-grade compliance, making 1Money the trusted infrastructure layer for global money movement.

Website: www.1money.com

Media Enquiries

Powertranz

Email: press@powertranz.com

Website: www.powertranz.com

This is an invitation to all media following Arbitrade and/or covering the cryptocurrency markets. You are invited to join Arbitrade’s Chairman, Len Schutzman, and management who will discuss their progress toward establishing Arbitrade as a world-class cryptocurrency exchange and coin company. They will also discuss their move and incorporation into Bermuda, one of the world’s best regulated jurisdictions and a platform from which Arbitrade will reach out to several international markets. It will be a lively discussion that will also include details of the many economic and social advantages and new jobs that companies, like Arbitrade, will bring to countries in which they settle and do business around the world.

Details of how to access the press briefing webcast are as follows:

Please register now for the upcoming Arbitrade Conference Call:

Date: Thursday, June 28, 2018
Time: 8:00 a.m. EDT

We recommend that you connect to the meeting at least 10 minutes prior to the start to avoid long hold times. Additional international toll-free numbers are provided below. Be prepared to give the operator your name and location along with your participate passcode.

Please note that this invitation is being sent to the Arbitrade media members; it is not open for everyone. Please do not forward this invitation to others.

Dial-in Numbers for the Conference Call
Dial-in Number: (844) 535-4032
Secondary Dial-in: (409) 983-9735
Participant Passcode: 8092727

Country Local Toll-free & International Toll

HAMILTON, Bermuda, Nov. 1, 2016 /PRNewswire-HISPANIC PR WIRE/ — Ernst & Young Ltd. today announced two leadership changes. David Brown will become the firm’s Senior Partner in Bermuda and Insurance Leader for the EY Bahamas, Bermuda, British Virgin Islands and Cayman Islands region, replacing Pete Cangany, who will retire from EY after 37 years with the organization. This transition will take effect on July 1, 2017, and Cangany will remain in the role until that time. Effective immediately, Jessel Mendes will assume the new role of Regional Growth Markets Leader, in addition to his current responsibilities as Partner of Ernst & Young Ltd. (EY Bermuda).

Brown most recently served as the Insurance Industry leader for the Southwest Region of Ernst & Young LLP in the US and directed the Southwest Region FSO Assurance practice. He has more than 27 years of experience working with large multinational clients, including insurance companies with global operations, US domestic insurance enterprises and Bermuda-based global reinsurance companies. Cangany has served as Senior Bermuda Partner since July 2014, and has been regional Insurance Leader since January 2013.

“Under Pete’s leadership, we have been able to build a high-performing team in Bermuda, enhance our relationships with stakeholders across the market and expand our range of services and expertise,” said Dan Scott, Regional Managing Partner for the EY region including Bahamas, Bermuda, the British Virgin Islands and the Cayman Islands. “We are very excited to have David assume this role and contribute to our legacy of leadership. His deep insurance and reinsurance experience, coupled with his knowledge of the market, will allow us to bring even more global resources to our Bermuda clients and help them capitalize on new opportunities. We are pleased to have Pete remain in the role through the end of June to provide guidance and assist in the transition process.”

In taking on the new role of Growth Markets Leader for the region, Jessel Mendes will be adding to his current responsibilities as EY Bermuda Partner. In addition to continuing to interact with EY Bermuda clients and other market stakeholders, as Growth Markets Leader he will focus on driving growth for EY firms across the region, maintaining a pulse on the market, overseeing the growth of EY service offerings, programs and initiatives, and determining how resources and capabilities can be best deployed to benefit clients. Mendes, who is a member of the board of the Bermuda Business Development Agency (BDA), will also leverage his extensive network of relationships to uncover new opportunities and help EY Bermuda and the region’s other firms build on their market position.

“We are positioned for the next phase of growth in Bermuda and across the region, so the timing for these changes is ideal,” added Scott. “We have been working diligently with Pete, David and our clients to lay the groundwork for a smooth transition. David has a deep understanding of the challenges organizations are facing and great insurance industry knowledge, so he was a natural choice to lead our Bermuda practice. With Jessel taking on a new role, we now have a great opportunity to serve our clients’ rapidly-evolving needs and accelerate growth.”

About EY

EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.

This news release has been issued by Ernst & Young Ltd., Bermuda, a member of the global EY organization serving clients in Bermuda.

Logo – http://photos.prnewswire.com/prnh/20130701/NY40565LOGO-b

Investors may access the conference call by dialing (877) 930-8055, conference ID#79290889, or via the internet by going to www.jrgh.net and clicking on the “Investor Relations” link. Please visit the website at least 15 minutes early to register, download and install any necessary audio software. A replay of the call will be available at both the number above and the website until the close of business on June 4, 2016.

About James River Group Holdings, Ltd.

James River Group Holdings, Ltd. is a Bermuda-based insurance holding company which owns and operates a group of specialty insurance and reinsurance companies founded by members of our management team. The Company operates in three specialty property-casualty insurance and reinsurance segments: Excess and Surplus Lines, Specialty Admitted Insurance and Casualty Reinsurance. The Company tends to focus on accounts associated with small or medium-sized businesses in each of its segments. Each of the Company’s regulated insurance subsidiaries are rated “A-” (Excellent) with a “positive outlook” by A.M. Best Company.

Visit James River Group Holdings, Ltd. on the web at www.jrgh.net

For more information contact:
Robert Myron
President and Chief Operating Officer
441-278-4583
InvestorRelations@jrgh.net

Investors may access the conference call by dialing (877) 930-8055, conference ID# 12632972, or via the internet by going to www.jrgh.net and clicking on the “Investor Relations” link. Please visit the website at least 15 minutes early to register, download and install any necessary audio software. A replay of the call will be available at both the number above and the website until the close of business on March 19, 2016.

About James River Group Holdings, Ltd.

James River Group Holdings, Ltd. is a Bermuda-based insurance holding company which owns and operates a group of specialty insurance and reinsurance companies founded by members of our management team. The company operates in three specialty property-casualty insurance and reinsurance segments: Excess and Surplus Lines, Specialty Admitted Insurance and Casualty Reinsurance. The company tends to focus on accounts associated with small or medium-sized businesses in each of its segments. Each of the Company’s regulated insurance subsidiaries are rated “A-” (Excellent) with a “positive outlook” by A.M. Best Company.

Visit James River Group Holdings, Ltd. on the web at www.jrgh.net

For more information contact:

Robert Myron
President and Chief Operating Officer
InvestorRelations@jrgh.net
441-278-4583

James River Group Holdings, Ltd. (NASDAQ: "JRVR") anuncia las fechas de la conferencia telefónica en la que dará a conocer las ganancias del cuarto trimestre y de fin de ano de 2015

- Studies demonstrated that at least two thirds of the patients obtained 75% improvement of Psoriasis Activity Severity Index.

- This treatment significantly improves the quality of life of patients with moderate to severe plaque psoriasis.

PANAMA CITY, Dec. 2, 2015 /PRNewswire-HISPANIC PR WIRE/ – Psoriasis is a chronic skin disease that affects around 140 million people worldwide.  It’s more frequent between the ages of 15 and 25, but may develop at any age and highly impacts the quality of life.

Several types of psoriasis exist, which range from mild to severe and disabling. Plaque psoriasis is the most common form and is known for producing inflammation and scaly patches of thickened skin called “plaques”. It is caused due to a problem in the immunologic system, where white blood cells that normally become activated to fight infections, are in this case activated against the healthy skin cells.  The cause of the disease is unknown. The immunologic system is activated and produces inflammatory mediators which are responsible for the skin lesions.

During this process, white blood cells release chemical products called “cytokines”, which produce inflammation, reddening of the skin and make the cutaneous cells move from deeper skin layer to surface at a higher speed than normal, (almost 5 times). These cells accumulate and generate the scaly patches. Psoriatic lesions show the aspect of scales, sometimes with a white silver color, while the skin below is red and if scratched it can bleed. Two specific cytokines are increased in the pathogenesis of psoriasis and produce the inflammatory process of the disease (Interleukin 12 and Interleukin 23).

Ustekinumab is a monoclonal antibody that represents the first of a new class of psoriasis therapies that specifically and selectively targets IL-12/IL-23.

Ustekinumab is now available in the Caribbean, specifically in Aruba, Bahamas, Bermuda, Cayman Islands, Curacao and Jamaica.^[i] Ustekinumab is commercialized under the brand Stelara™.

This therapeutic alternative is the latest generation of psoriasis treatment. With over 3,000 treated patients (in clinical trials) up to 5 years of treatment. The data obtained proves that the treatment is well tolerated and safe.

Clinical trials demonstrated that at least two thirds of the patients obtained a 75% improvement of the psoriasis, in accordance with the Psoriasis Activity Severity Index (PASI 75), after only two doses of Ustekinumab. This innovative treatment has a very convenient dosage regimen when compared with other biological therapies for psoriasis. After 5 years, approximately 80% of the patients treated with Ustekinumab maintain response.

Until recent years, psoriasis was considered a disease limited to the skin. Recent evidence, from important population studies in psoriatic patients, has demonstrated an increase in mortality and a decrease in life expectancy between 3 to 4 years in patients with psoriasis.

On the other hand, the impact of psoriasis notably influences the quality of life, and this is reflected in the increase of different social and psychoactive pathologies, and in the acquisition of unhealthy habits like tobacco and alcohol, favored by low self-esteem, anxiety, depression and the isolation which patients feel subjected to.^[ii]

“Ustekinumab significantly improves the quality of life of patients with moderate to severe psoriasis, as well as their physical and mental functions. After 12 weeks of treatment, patients treated with Ustekinumab present a significant improvement in their mental well-being and their physical condition”, affirmed Dr. Eduardo Franco; Janssen’s Medical Director for Central America and the Caribbean.

The itching and pain, the plaques in their hands and feet may hinder the performance of certain tasks or participation in some activities. Overtime, about 40% of psoriatic patients develop arthritis. “The most severe cases of psoriasis may even generate immobility of the patient. Some patients compare the reduction of their physical activities to the ones generated by other diseases as cancer or heart diseases”, pointed out Dr. Jose Antonio Herrera, Immunology Medical Manager for Janssen.

About Janssen

Janssen is a Company dedicated to the research of providing innovative products that help protect and improve the life of people, and face and solve the most important and unresolved medical needs of our times, in the areas of oncology, immunology, neurosciences and infectious, cardiovascular and metabolic diseases.

Across the different companies of the Johnson & Johnson group, our people are united in the passionate pursuit of solutions through science, in benefit of the patients.

Present in over 50 countries, we share the commitment of the founders of the Company, of innovating in ideas, products and services for the patients of the whole world.

^{[i] Ustekinumab was approved by the following Health Authorities:
Aruba: Drug Registration Board,
Curacao; Drug Registration Board
Jamaica: Ministry of Health.
Cayman Islands, Bahamas and Bermuda are not regulated countries.}

^{[ii] 2009 Latin American Psoriasis Consensus, treatment guides, Latin American Psoriasis Society}

Fact Sheet Psoriasis

1. Psoriasis is a chronic disease that affects over 140 million people worldwide.
2. It presents itself more frequently between the ages of 15 and 25, but may develop at any age and highly impacts the quality of life.
3. The main cause for this disease is unknown. The immunologic system is activated and produces inflammatory mediators which stimulated white cells and infiltrate the skin layers. The deep layer cells move to the outer layer of the skin at least 5 time faster than usual, and this produces the characteristic plaque of the psoriasis.
4. There are several clinical forms of the disease, plaque psoriasis being the most common form. It is known for producing inflammation and scaly patches of thickened skin called “plaques”.
5. Moderate to severe plaque psoriasis, notably influences the quality of life.  Severe cases of psoriasis may even generate immobility of the patient.
6. Some patients compare the reduction of their physical activities to the ones generated by other diseases such as cancer or heart disease.
7. Ustekinumab is now available in the Caribbean, specifically in Aruba, Bahamas, Bermuda, Caiman Islands, Curacao and Jamaica.[i]  Ustekinumab is commercialized under the brand Stelara™.
8. Clinical trials with over 3,000 patients treated with Ustekinumab have demonstrated its efficacy. At least two thirds of the patients obtained a 75% improvement of the Psoriasis Activity Severity Index.
9. After 5 years, approximately 80% of the patients treated with Ustekinumab maintain response.

^{[i] Ustekinumab was approved by the following Health Authorities:
Aruba: Drug Registration Board,
Curacao; Drug Registration Board
Jamaica: Ministry of Health.
Cayman Islands, Bahamas and Bermuda are not regulated countries.}

CONTACT:  Janssen, JoanTownsend, (507) 64306252 or (507) 3989740, tojoa

Investors may access the conference call by dialing (877) 930-8055, conference ID# 17443071, or via the internet by going to www.jrgh.net and clicking on the “Investor Relations” link. Please visit the website at least 15 minutes early to register, download and install any necessary audio software. A replay of the call will be available at both the number above and the website until the close of business on December 4, 2015.

About James River Group Holdings, Ltd.

James River Group Holdings, Ltd. is a Bermuda-based insurance holding company which owns and operates a group of specialty insurance and reinsurance companies founded by members of our management team. The company operates in three specialty property-casualty insurance and reinsurance segments: Excess and Surplus Lines, Specialty Admitted Insurance and Casualty Reinsurance. The company tends to focus on accounts associated with small or medium-sized businesses in each of its segments. Each of the Company’s regulated insurance subsidiaries are rated “A-” (Excellent) with a “positive outlook” by A.M. Best Company.

Visit James River Group Holdings, Ltd. on the web at www.jrgh.net

James River Group Holdings, Ltd. (NASDAQ:JRVR)  Anuncia las Fechas de la Publicación de sus Ganancias del Tercer  Trimestre de 2015 y de la Conferencia Telefónica

CaribPR Wire, PEMBROKE, Bermudas, Oct.  14, 2015 — James River  Group Holdings, Ltd. (NASDAQ:JRVR) anunció hoy que publicará las  ganancias del trimestre y del año hasta la fecha que finalizaron el 30  de septiembre de 2015 luego del cierre del mercado el miércoles, 4 de  noviembre de 2015. El jueves, 5 de noviembre de 2015, a partir de las  9.00 a. m. (hora estándar del este), la compañía ofrecerá una  conferencia telefónica para analizar los resultados con analistas e  inversionistas.

Los inversionistas pueden participar en la  conferencia llamando al (877) 930-8055; el número de identificación de  la conferencia es el 17443071. O bien a través de Internet en www.jrgh.net haciendo clic en el enlace “Investor Relations” (Relaciones con los  inversionistas). Ingrese al sitio web al menos 15 minutos antes del  evento para inscribirse y descargar e instalar el software de audio  necesario. La repetición de la conferencia estará disponible en el  número de teléfono y en el sitio web antes mencionados hasta el cierre  de la jornada el 4 de diciembre de 2015.

Acerca de James River Group Holdings, Ltd James  River Group Holdings, Ltd. es un holding empresarial de seguros con  sede en las Bermudas que posee y opera un grupo de compañías  especializadas de seguros y reaseguros fundadas por miembros de nuestro  equipo gerencial. La compañía opera en tres segmentos especializados de  seguros y reaseguros de responsabilidad y patrimoniales: líneas de  excesos y excedentes, seguros de productos especiales admitidos y  reaseguros de responsabilidad. En cada uno de los segmentos, la compañía  tiende a enfocarse en cuentas asociadas con pequeñas y medianas  empresas. A.M. Best Company calificó con “A-” (excelente) y una  “perspectiva positiva” a cada una de las subsidiarias de seguro  reguladas de la compañía.

Visite el sitio web de James River Group Holdings, Ltd. en www.jrgh.net.

Para obtener más información, comuníquese con:

Robert Myron

Presidente y director de Operaciones

InvestorRelations@jrgh.net

]]> https://caribpr.com/james-river-group-holdings-ltd-nasdaqjrvr-announces-dates-for-its-2015-third-quarter-earnings-release-and-conference-call/feed/ 0 https://caribpr.com/redbridge-announces-life-and-disability-binding-authority/ https://caribpr.com/redbridge-announces-life-and-disability-binding-authority/#comments Thu, 09 Jul 2015 15:10:01 +0000 caribpr http://caribpr.com/?p=12326 CORAL GABLES, Fla., July 9, 2015 /PRNewswire/ — Redbridge is proud to announce that effective June 1, 2015, Redbridge Reinsurance Managers, LLC began operating with Life and Disability Reinsurance Binding Authority with worldwide territory for insureds domiciled in Latin America, Bermuda, the Bahamas and the Caribbean. We are authorized for a limit of USD 2,000,000 and are 100% supported by Lloyd’s Syndicate 779.

http://mma.prnewswire.com/media/234199/redbridge_reinsurance_managers_logo.jpg?p=distribution&token=br5thZeyux2xrRFS4R42×49FYaKEz1Ouq3mRN21FnYYDoZPT82BS/jUk5BLHHakNmlDgpOujr4KhtJqJlT88UxdYrKvBg4apaap5o0YIu3spQJfK03oh

Redbridge Reinsurance Managers is based in Coral Gables, Florida and is a Lloyd’s authorized coverholder. We guarantee quality service, and commit to provide a prompt quote once all required information is received.

The programs we are offering are as follows:

Group Life Reinsurance

• Group Life Insurance
• Total and Permanent Disability
• Credit Life
• Credit Disability
• Credit Involuntary Unemployment Insurance

Personal Accident Reinsurance

• Individual Accidental Death and Dismemberment (AD&D) Insurance
• Travel Protection

Individual Life Reinsurance

• Individual Life Insurance

For any business related inquiries please contact:

Mariano Ruiz (Argentina) – mruiz@redbridge.cc
Roberto Gomez (Dominican Republic) – rgomez@redbridge.cc
Mario Aguilar (Guatemala) – maguilar@redbridge.cc
Guiselle Monge (Costa Rica) – gmonge@redbridge.cc

Our authorized binding executives:     Edmund Santiago, esantiago@redbridge.cc
Dr. Boris Garcia Zakzuk, bgarcia@redbridge.cc

Logo - http://photos.prnewswire.com/prnh/20150708/234199LOGO

CONTACT:  Redbridge,  305-232-9040

http://mma.prnewswire.com/media/219171/mike-clancy-markel-corporation.jpg?p=distribution&token=br5thbG6rB2xsxRZqlQe34RObaDOiFGup2OKLUZ0hp4MpoSc43xT6Ecjih7CG6oNnVbkoem2/IS3o7q0ljZkKzZVsbDc19C4e6o39nc7s1QzfbS0qwFmuA==

Clancy will focus primarily on accelerating efforts to improve the customer experience and manage the relationship between claims and underwriting teams. To support these initiatives he will be leveraging Markel’s data and analytics capabilities, driving process improvement efforts, and applying technology to make the claims process easier to navigate.

Clancy joined Markel in January 2012 as a Managing Director. In his current role, he has partnered with leadership teams across Markel’s divisions, departments, and the Office of the President to focus on creating business efficiencies and developing tools and resources to support operating discipline.

Prior to joining Markel, Clancy worked for the Boston Consulting Group (BCG) and was a consultant for Markel. He has more than 20 years of experience consulting to the insurance and financial services industries. He has worked extensively with both carriers and brokers in the insurance space, focusing on growth strategies, the consumer experience, and business transformation. Prior to joining BCG, he held various positions in financial services consulting, including co-founding research and advisory firms in New York and Washington, DC.

“Mike’s strong knowledge of Markel’s business, in all its complexity, combined with his industry expertise, will allow us to improve performance across the entire Claims organization,” said Conca. “I am excited to welcome him to our leadership team and look forward to reinforcing claims services as one of Markel’s core strengths and compelling competitive advantages.”

About Markel Corporation
Markel Corporation is a diverse financial holding company serving a variety of niche markets. The Company’s principal business markets and underwrites specialty insurance products. In each of the Company’s businesses, it seeks to provide quality products and excellent customer service so that it can be a market leader. The financial goals of the Company are to earn consistent underwriting and operating profits and superior investment returns to build shareholder value. Visit Markel Corporation on the web at markelcorp.com.

http://photos.prnewswire.com/prnvar/20140415/73238

Photo – http://photos.prnewswire.com/prnh/20150528/219171
Logo – http://photos.prnewswire.com/prnh/20140415/73238

CONTACT: Paul Broughton, 804-527-7618, pbroughton@markelcorp.com

http://photos.prnewswire.com/prnVAR/20140415/73238

Andrew Barnard, Managing Director, and Peta White, Managing Director, will co-head Global Reinsurance operations in Markel’s Hamilton, Bermuda office. Barnard leads the international property and retro business, and White leads the North American property business. Additionally in Bermuda, Erik Manning, Managing Director, leads the alternative market initiatives and development.

Don Bahr, Managing Director, and Tod Costikyan, Managing Director, will co-head Global Reinsurance operations in Markel’s Summit, New Jersey office. Bahr leads the casualty reinsurance segment that includes general liability, professional liability, non-standard auto, and medical malpractice. Costikyan leads the areas of specialty reinsurance to include workers compensation, surety, energy, trade credit, confiscation, marine, aviation, public entity, aviation/satellite, and agriculture. Also based in the Summit office, Steve Leitz has been promoted to Chief Administrative Officer for Markel’s Global Reinsurance operations.

Richie Whitt, President and Co-Chief Operating Officer of Markel Corporation, stated, “Since last fall, Jed has transitioned to his role in leading Markel’s Global Reinsurance division, and he has created a management team that is strong with deep underwriting and leadership talent in each of our reinsurance platforms.”

Rhoads commented, “I am excited to work with this team that includes experienced industry professionals with a wide breadth of knowledge. With this strong reinsurance leadership team, we believe that Markel will continue to be well positioned to successfully compete in today’s global reinsurance marketplace.

We want to again thank Dave Kalainoff for his contributions to the Global Reinsurance division and congratulate him on his upcoming retirement, effective June 1,” added Rhoads.

Rhoads will split his time between the Bermuda and Summit offices.

About Markel Corporation
Markel Corporation is a diverse financial holding company serving a variety of niche markets. The Company’s principal business markets and underwrites specialty insurance products. In each of the Company’s businesses, it seeks to provide quality products and excellent customer service so that it can be a market leader. The financial goals of the Company are to earn consistent underwriting and operating profits and superior investment returns to build shareholder value. Visit Markel Corporation on the web at markelcorp.com.

Logo - http://photos.prnewswire.com/prnh/20140415/73238

CONTACT:  Paul Broughton, 804-527-7618, pbroughton@markelcorp.com