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Markel’s profits fall in Q1 despite steady overall growth


Markel Corporation’s net profits fell in the first quarter of 2016 and its combined ratio also increased driven, it said, by less  favourable development of prior years’ loss reserves and a higher expense ratio.

Markel Corporation, 2016 first quarter, loss, North America, London, Alan Kirshner, Markel International, William Stovin

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