Market moves: Markel stock drops just under 7% on earnings call
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Market moves: Markel stock drops just under 7% on earnings call

Giovanna Bellotti Azevedo
February 02, 2023
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Markel’s stock fell 6.96% at market close following the insurer’s earnings call with analysts on Thursday.

On the call, the carrier’s president of insurance, Jeremy Noble, said that loss cost inflation exceeded rate rises in Q4 across Markel’s portfolio, driven by lines including public D&O and financial institutions.

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Giovanna Bellotti Azevedo
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