Markel International returns to underwriting profitability and COR of 84%
Markel Corporation has reported gross written premiums of $514m for the six months ended 30 June 2012, compared with $483m for the first half of 2011, and a combined ratio of 93% for the six months compared with 107% for the same period in 2011.
The combined ratio for the quarter and six months ended 30 June 2012 included $14m, or three points, and $35m, or three points, respectively, of underwriting, acquisition and insurance expenses
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