Markel expands in Walkie Talkie

Insurer Markel has taken an extra floor in the Walkie Talkie skyscraper in the City after acquiring reinsurer Alterra Capital for $3.1bn (£2bn) earlier this year. Land Securities and Canary Wharf Group, the owners of the 38-storey tower, said Markel has increased its space by nearly 50 per cent to 75,000 square feet across floors 25 to 27. The building is now 56 per cent pre-let to Kiln, RSA, Ascott Underwriting, and Liberty Mutual.