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Markel International profits triple

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The second quarter of 2016 results reflected strong performance from underwriting, investing and Markel Ventures operations.

International insurer Markel saw profit attributable to shareholders triple for the six months ended 30 June 2016.

Profit for the six month period reached $606.9m (£454.4m), compared to $148.9m (£111.5m) million for the same period of 2015.

The half year period saw a combined ratio of 90% for this year and last. Its diluted net income per share was $16.55 (£12.41) for the period, compared to $20.21 (£15.15) for the same period of 2015. This value represents an 18 percent fall compared to the same

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