Rate rises dipped below loss cost inflation in Q4: Markel’s Noble
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Rate rises dipped below loss cost inflation in Q4: Markel’s Noble

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Loss cost inflation exceeded rate rises in Q4 across Markel’s portfolio, driven by lines including public D&O and financial institutions, according to the carrier’s president of insurance, Jeremy Noble.

The executive said the company was beginning to see different cycles and patterns across lines of business, and that the company was focusing on rate adequacy on a line-by-line basis.

He

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