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...
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