Markel ‘cautious’ in reducing prior year loss reserves: CFO
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Markel ‘cautious’ in reducing prior year loss reserves: CFO

Executives noted that US casualty and professional lines development has been close to flat this year.

By Caroline Ryan
October 31, 2024
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Markel CFO Brian Costanzo said the carrier “remain[s] cautious” in its approach to both reducing prior year loss reserves and its current accident year attritional loss ratio on longer tail US professional liability and GL product lines, given recent...

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Topics

NewsSpecialty linesMarkelResultsEarnings
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