Markel strengthens Asia Pacific platform with the appointment of Kevin Leung to lead Southeast Asia

Singapore, 29 September 2026 – Markel Insurance, the insurance operation within Markel Group Inc. (NYSE:MKL), today announced the appointment of Kevin Leung as Managing Director, Southeast Asia, with immediate effect.

The appointment follows the business' decision to bring together its Singapore and Malaysia operations under a unified Southeast Asia structure, creating a more connected regional platform to support brokers and clients across both markets. Leung moves into the role from his position as Chief Underwriting Officer – Asia Pacific, with recruitment for his successor already underway.

In his new role, Leung will be responsible for overseeing Markel's operations in both Singapore and Malaysia, driving continued profitable growth and deepening the insurer's presence across the region. He will support local and regional teams in executing Markel's strategy, enhancing product offerings, and strengthening broker and client relationships. He will continue to report into Sucheng Chang, Managing Director of Asia Pacific.

Jasminder Kaur will remain Country Head of Malaysia, retaining responsibility for the day-to-day running of the Malaysia business and continuing to work closely with local brokers and clients.

Sucheng Chang, Managing Director – Asia Pacific, said: "Bringing our Singapore and Malaysia teams together strengthens our ability to serve brokers and clients by creating a more connected and coordinated regional platform. It allows us to deploy underwriting expertise more effectively across the region and gives clients and brokers clearer market ownership and more streamlined decision-making. Kevin's deep underwriting expertise and proven leadership across our Asia Pacific underwriting operations make him ideally placed to bring these two markets together and build on the strong momentum we've established across the region."

Leung said: "I'm excited to lead our newly combined Southeast Asia team. Bringing Singapore and Malaysia together allows us to deploy our underwriting expertise more effectively across the region, giving brokers and clients clearer market ownership and a more consistent experience. I look forward to working with the teams to build on the strong foundations already in place and to continue delivering for our brokers and clients as we grow."

Kevin has more than 25 years of insurance industry experience. He joined Markel in 2023 as Chief Underwriting Officer – Asia Pacific, having previously held senior leadership roles at Swiss Re, Catlin, ACE Group and AIG. Since joining Markel, he has played a key role in strengthening the region's underwriting capabilities and driving profitable growth across Asia Pacific.

About Markel Insurance

We are Markel Insurance, a leading global specialty insurer with a truly people-first approach. As the insurance operations within the Markel Group Inc. (NYSE: MKL), we leverage a broad array of capabilities and expertise to create intelligent solutions for the most complex specialty insurance needs. However, it is our people – and the deep, valued relationships they develop with colleagues, brokers and clients – that differentiates us worldwide.