Markel announces completion of MECO acquisition

Core Insights - Markel Insurance has successfully completed the acquisition of The MECO Group Limited, a specialist marine managing general agent (MGA), after receiving regulatory approvals [1][2] - The acquisition is expected to enhance Markel's operational capabilities and expand its presence in key markets where MECO has established distribution channels [2] Company Overview - Markel Insurance is a leading global specialty insurer known for its people-first approach and strong relationships with colleagues, brokers, and clients [3] - The MECO Group, which has offices in London, Dubai, Shanghai, and Hamburg, will operate under the name MECO Specialty as part of Markel International's Specialty division [2]