Markel grows underwriting profits 30% in Q2, top line by 22%
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Markel grows underwriting profits 30% in Q2, top line by 22%

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Markel grew underwriting income in the second quarter by 30%, to $205mn, after the company reported strong underlying margin expansion in its insurance division, which offset an underwriting loss in its reinsurance business.

Diluted net income per share dipped in the quarter to $57.02 from $65.75, stemming from lower investment gains, primarily due to lower comprehensive income.

Markel

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