Markel’s Q4 loss ratio up 8.4 points to 60.3% despite reinsurance improvement
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Markel’s Q4 loss ratio up 8.4 points to 60.3% despite reinsurance improvement

Jairo Ibarra
February 01, 2023
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Markel’s consolidated loss ratio (LR) climbed 8.4 points to 60.3% in Q4, as a higher insurance LR outweighed an improvement in the reinsurance segment.

The firm’s insurance LR increased to 60.7% in Q4 from 49.1% a year earlier, while the reinsurance LR moved down to 58.7%

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Jairo Ibarra
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