Markel’s Noble pins $53mn fourth quarter reserve charge on GL, PL AY’s ’16-’19

Published: Wed 6 Sep 2023
Markel’s Jeremy Noble has said higher frequency and loss severity in general liability and professional lines portfolios in accident years 2016 through 2019 contributed to the insurer’s $53mn insurance reserve charge in Q4, as the executive vowed it “would not rest” on its achievements.