Markel reports 105% COR on nat cats
Markel said its combined ratio was 100% for the third quarter of 2011 compared to 93% for the third quarter of 2010 and was 105% for the nine months ended September 30, 2011 compared with 99% for the same period of 2010.
It said its Q3 COR included $34m, or seven points, of natural catastrophes. For the nine months this was $133m, or nine points.
The Q3 COR also included $33m, or eight points, of underwriting loss on
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