tom-gayner_markel
3 August 2023Alternative Risk Transfer

Markel trips on professional lines, finds levers to power to Q2 profit

Markel suffered a moderate decline in primary insurance earnings, traceable largely to concerns in professional lines, but leveraged reserve releases in reinsurance, gains in ILS operations, margin gains in its private equity stable and the recovery of markets from prior year mayhem to swing to a nearly $700 million Q2 attributable net profit.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Week Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Alternative Risk Transfer
15 July 2026   PRA and FCA outline new regime with lighter capital, reporting, authorisation requirements.
Alternative Risk Transfer
15 July 2026   Parametric cover should be considered at the start of a placement. Leaving it until last could mean missed opportunities to improve capital efficiency and risk transfer.