Markel reports improved GWP but combined ratio suffers

Andy Davies

GWP was $676.9m for the nine months ended September 2011, up from $574m for the nine months ended September 2010.

Markel attributed this 18% growth to an increase in premiums at Elliott Special Risks, its Canadian operation, which was acquired in 2009.

The provider's combined operating ratio (COR) deteriorated to 99% for Q3 2011, (Q3 2010: 77%) giving a COR for first nine months of 2011 of 119%.

The figure was down on the performance in 2010 when Markel International achieved a COR of 99% in the

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 copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: