Insurance Age

Markel reports 90% combined ratio in Q2

The Markel Corporation has reported a combined ratio for the second quarter ended June 30 of 90%, co...

The Markel Corporation has reported a combined ratio for the second quarter ended June 30 of 90%, compared to 95% in 2003. Markel International saw a combined ratio of 100% for the quarter, compared to 102% in 2003. Richie Whitt, executive vice president and chief administrative officer, said: "Markel International continues to make excellent progress in developing its underwriting performance. Notwithstanding downward rating pressure in some lines of business, we have had our best quarter ever

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