Markel operating income surges to $1.37bn on improved UW and investment results

Published: Wed 30 Oct 2024

Markel reported third quarter operating income that surged from just $72.8mn in Q3 2023 to $1.37bn in the current reporting period driven by a jump in insurance operating income that benefited from a combined ratio of 96.4 percent and $1.17bn of operating income from investments.