Markel posts strong Q1’25 insurance result despite California wildfire impact

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Reinsurance News - May 01, 2025

Insurer and reinsurer Markel Group’s operating income declined to $282.5 million in the first quarter of 2025 compared with $1.34 billion in the prior year quarter, as the company’s combined ratio rose slightly to 95.8% on the back of underwriting losses from the January 2025 wildfires i...

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