Markel plays down losses from antipodean disasters
Markel International does not expect its future profits to be badly affected by the New Zealand earthquake and recent Queensland flooding, after previous catastrophe events added six points or $33m (£20.5m) to its 2010 full-year combined ratio.
Andy Davies, finance director at the insurance group, told Post: "The original loss numbers for the Deepwater Horizon explosion and Chilean earthquake that we put up at the half-year results haven't
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