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Markel returns to profit in 2009

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Markel Corporation has attributed the swing of almost $1bn (£640m) from loss to profit during 2009 to "significantly higher" investment returns than its competitors.

The insurance group announced annual profits of $591m, up from $403m loss in 2008 — which was aided by a 10% increase in investment returns for its London-based arm Markel International.

Markel

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