Markel upgraded to A rating by A.M. Best

Insurance Age staff
25 Jul 2007

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

A.M. Best said that the upgrade reflects MIIC’s improving risk-adjusted capitalisation, good prospective operating performance and support from its US parent company, Markel Corporation.

A.M. Best said it expected further improvement in MIIC’s risk-adjusted capitalisation in 2007 as a result of positive after-tax earnings, commutation of existing liabilities and a reduction in reinsurance recoveries. Capital and surplus is forecast to rise by approximately 10% from $372 million as at year

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

To continue reading...

Sign In

Access Insurance Age

You are currently on corporate access.