Markel results show income loss for shareholders in 2018

06-02-2019

Markel results show income loss for shareholders in 2018

iStock/ Courtneyk

Markel year end results showed losses in shareholder income as the company was affected by declines in both our fixed income and equity portfolios, driven by an increase in interest rates and unfavorable movements in the equity markets during 2018, the co-chief executive officers Thomas S. Gayner and Richard R. Whitt said. However, the two leaders pointed to a more optimistic year ahead saying they are “excited” about the strategic opportunities of the Nephila acquisition competed in the fourth quarter of 2018.


Markel, 2018 results, Q4, Thomas S. Gayner, Richard R. Whitt, Catastrophe, North America

Intelligent Insurer