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Markel Appoints Nathan Warde, Executive Underwriting Officer

RICHMOND, Va., Sept. 14 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today the appointment of Nathan J. Warde as executive underwriting officer, effective immediately. In this role, Mr. Warde will oversee Markel's property lines operations in the U.S.

Mr. Warde has almost 30 years experience in diverse underwriting and insurance operations and most recently was president for Aspen Insurance U.S. and chief executive officer for Aspen Specialty. Prior to joining Aspen Specialty Insurance Company, he was executive vice president for Arch Insurance Group where he led the strategic development of Arch's entry into the U.S. specialty property marketplace.

"We are pleased to have someone of Nathan's insurance credentials and achievements join our organization," said Alan Kirshner, chairman and chief executive officer. "His range and depth of experience will be extremely valuable as we continue to expand our property offerings to meet the emerging needs in the property lines of business."

Mr. Warde, who will be based in Richmond, VA., reports to Gerry Albanese, chief underwriting officer. "Nathan will assist Markel in defining a long term property strategy for the corporation and help to build solid solutions for our customers," said Albanese.

Markel Corporation markets and underwrites specialty insurance products and programs to a variety of niche markets. In each of these markets, the Company 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 profits and superior investment returns to build shareholder value.

SOURCE Markel Corporation

Bruce Kay of Markel Corporation, +1-804-747-0136