Markel COR improves to 88% in Q3
Markel Corporation has reported a combined ratio of 88% for the third quarter of 2015, an improvement on the result of 97% in the third quarter of 2014.
For the nine months ended 30 September 2015 the COR was 89% compared to 97% in the same period of 2014.
Comprehensive loss to shareholders for Q3 was $51.1m compared to a comprehensive income to shareholders of $36.5m in Q3 2014.
Comprehensive income to shareholders was $97.7m for the nine months ended 30 September 2015 compared to $517.4m for the same period of 2014.
Commenting on the performance of Markel International, president William Stovin, pictured, said: "Excluding the effects of
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