IP stumble, inflation and business mix challenged insurance unit last year: Markel CEO
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IP stumble, inflation and business mix challenged insurance unit last year: Markel CEO

The executive discussed Markel’s performance in an annual shareholder letter.

By Shelby Rosenberg
February 23, 2024
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markel logo IP.jpg

Markel’s annual letter to shareholders released Friday reflected on its lackluster foray into collateralized intellectual property (IP) insurance, social inflation-related pivot points and challenges with calibrating its business mix.

“Our

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