Markel reports IP losses of $169mn for FY24
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Markel reports IP losses of $169mn for FY24

The insurer acknowledged additional claims in 2025 would be “reasonably possible”.

By Ayesha Venkataraman
February 06, 2025
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Markel Group has reported losses of $169mn for full-year 2024 in connection with its now discontinued intellectual property (IP) collateral protection insurance (CPI) product.

The

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News Claims and losses Transactional liability Results Markel
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