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Reinsurance
 The cat load came down 10.5 ratio points from Q3'24, well above the 7.5 point margin gain.   31 October 2025 
Insurance
 Appointments may be underway in earnest already during Q3, management suggests.   31 October 2025 
Alternative Risk Transfer
 Upstart casualty vehicle Fontana and core property cat unit DaVinci are up lightly YTD.   31 October 2025 
Insurance
 Cambridge study: Wildfire rates have almost doubled in 20 years.   31 October 2025 
Alternative Risk Transfer
 Long-tail liability ILS could draw more from long-term investor segments.   30 October 2025 
Alternative Risk Transfer
 Higher effective management fee rates also noted among revenue drivers.   30 October 2025 
Insurance
 The reinsurance rebuild will remain a drag on earnings to the tune of $0.20 of EPS.   30 October 2025 
Insurance
 SVP will help build out recently launched US retail offering.   30 October 2025 
Reinsurance
 Appointee joins its UK business to expand portfolio in a key role.   30 October 2025 
Insurance
 Senior leader steps into Markel’s first Dubai claims role, with Zurich and RSA pedigree.   30 October 2025 
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