Markel U/W income soars 28% to $220mn as GWP jumps 21%
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Markel U/W income soars 28% to $220mn as GWP jumps 21%

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Richmond-based specialty carrier Markel grew underwriting income by 28% to $220mn in the fourth quarter, with the better result powered by strong underlying margin expansion, a drop in cat losses and higher earned premiums.

Markel said on Wednesday it earned $62.44 in fourth quarter diluted net income, a 5.2% bump from the $59.33

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