Nat-cats add 42 points to Markel International combined ratio
Markel International has reported that natural catastrophes in the first quarter of 2011 contributed to a deterioration in its combined ratio to 152%, compared to 109% for the same period of 2010.
The increase in the combined ratio was primarily due to $67m, or 42 points, of underwriting losses related to the Australian floods, the New Zealand earthquake and the earthquake and subsequent
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