Markel reports 79% dip in underwriting profit for 2023
Reinsurance News - Feb 01, 2024
Global re/insurer Markel Group has announced 2023 underwriting profit of $132.7 million compared with $626.6 million in 2022, driven by declines in both its insurance and reinsurance segments on the back of adverse development on prior year loss reserves. For 2023, the Group recorded a 4% increase i...
Recommended Articles
Posted: Apr 08, 2026
Aon, a global provider of risk, retirement and health solutions, reports that facultative reinsuranc...
Posted: Apr 08, 2026
Global reinsurer Swiss Re has announced the appointment of Suzanne Revell as Head of Marine & En...
Posted: Apr 08, 2026
The Baldwin Group, an insurance distribution firm, has launched Azimuth Re, Ltd., a new member-owned...