Markel UW income drops 38% in Q4 to $137mn after $53mn insurance reserve charge

Underwriting income at Markel fell by 38 percent in the fourth quarter to $137mn - hurt by a $53mn reserve charge within its insurance division - after the same unit released $109mn in reserves in Q4:21, reporting a combined ratio that rose 5.5 points in the quarter to 93.3 percent.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 7540 000929

spencer.halladey@wbmediagroup.com

    Andy Stone

    Sales manager

    +44 (0) 77 4160 9204

    andy.stone@wbmediagroup.com