Markel flags further IP losses possible over next 12-18 months
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Markel flags further IP losses possible over next 12-18 months

This follows the insurer reporting $56.4mn of losses from intellectual property business in Q2.

By Fiona Robertson
August 01, 2024
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Markel Ryan Specialty Lockton New York 1185 Ave Americas.jpg

Markel president Jeremy Noble said that loan defaults trending “both at a faster clip and at a meaningfully higher level than anticipated at the beginning of the year” are impacting forecasts that the firm may take further intellectual property...

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NewsIntellectual propertyResultsEarnings
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