Markel to exit unprofitable casualty subsegments in 2024 remediation: Noble
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Markel to exit unprofitable casualty subsegments in 2024 remediation: Noble

The carrier did not consider pursuing an LPT deal to address the GL and PL issues.

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Markel is planning to exit some unprofitable classes in subsegments within the construction and professional liability (PL) lines, among other initiatives to improve its underwriting results in 2024 after its Q4 casualty reserves review, president of insurance Jeremy Noble...

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