Markel underwriting income up almost threefold to $113mn on strong underlying gain
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Markel underwriting income up almost threefold to $113mn on strong underlying gain

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Richmond-based specialty company Markel grew underwriting income by almost threefold – to $113mn – as the company improved underwriting performance according to virtually every metric.

On Tuesday, the carrier reported $15.09 in operating earnings per share. That is about half of last year’s $31.03,

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