Markel reports 2013 profit increase
Gross written premiums rise by 56%.
Markel Corporation has delivered profits of $281m [£171.2m] for 2013, up from $253.4m in 2012.
Gross written premiums for the year ended 31 December soared to $3.92bn across the group, a 56% increase on the $2.51bn posted the previous year.
The London Insurance Market division also saw a rise in GWP to $914m (2012: $888m).
The division's combined operating ratio (COR) was stable at 88% for the year (2012: 89%) while the group's COR came in at 97%, identical to the previous 12 months.
It was the
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