Alan Kirshner, executive chairman at Markel, said 2015 was a "tremendous year" for the (re)insurer's underwriting operations.
The performance came after an improved accident year and an increase of reserve releases from $435.5m (£300m) in 2014 to $627.8m. Markel's consolidated combined operating ratio improved from 95% to...
Damages from flooding earlier this year are less than originally thought, Perils has said.
Brexit will have little impact on the financial services sector and a workable agreement with the European Union will be “straightforward”, according to Managing Partners Group.
Direct line has seen more than 200 claims for lightning damage to homes so far this month, with some claims worth up to almost £46,000.
The Federation of European Risk Management Associations today elected three new board members with hopes of generating fresh perspectives.