Markel COR improves to 89% for 2015
Profit for the year increases to $582.8m.
Markel has reported a profit attributable to shareholders of $582.8m (£482.9m) for the year ended 31 December 2015, compared to $321.2m in the previous year.
The insurer also revealed an improved combined operating ratio (COR) of 89% for the whole company (2014: 95%), and its gross written premium (GWP) was $4.63bn, which is a 4% decrease from the $4.8bn last year.
Its international division, which includes the UK, had a GWP of $1.16bn in 2015, compared with $1.2bn in the year before.
The COR
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