Specialty insurer Markel estimated it would have a pre-tax underwriting loss of $503mn for the third quarter, net of reinsurance recoveries, because of Hurricanes Harvey, Irma and Maria as well as the two major earthquakes in Mexico.
Specialty insurer Markel estimated it would have a pre-tax underwriting loss of $503mn for the third quarter, net of reinsurance recoveries, because of Hurricanes Harvey, Irma and Maria as well as the two major earthquakes in Mexico.