Profits soar at Markel as it dodges recent cat losses


Markel Corporation enjoyed a big increase in profits in the second quarter of 2016 which it attributed to solid underwriting results, barely affected by some of the industry-wide cat losses recently, favourable movements in its investment performance and the contribution of Markel Ventures, which invests outside of the risk-transfer business.

Markel Corporation, Insurance, ART, Results, North America

Intelligent Insurer