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Markel reports good earnings from 2004

Markel has announced that 2004 was another good year for the company, with earnings up.

The company said that net income for the year came to $165.4m, a rise of 33.9% on the $123.5m that it reported for 2003. Net income for the fourth quarter of 2004 came to $50.3m, up on the $44.7m

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