Having reported favourable development of its side pocket loss reserves through the final quarter of 2022, the CATCo retrocessional reinsurance investment
Amounts are after deducting income taxes and exclude earnings attributable to noncontrolling interests. 2021 2020 2019 Insurance- underwriting$ 728$ 657$ 325 Insurance- investment income 4,807 5,039 5,530 Railroad 5,990 5,161 5,481 Utilities and energy 3,495 3,091 2,840 Manufacturing, service and retailing 11,120 8,300. Net earnings attributable to.
Markel Reports 2020 Financial Results
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RICHMOND, Va., Feb. 2, 2021 /PRNewswire/ Markel Corporation (NYSE: MKL) today reported its financial results for the year ended December 31, 2020.
The following tables present summary financial data for 2020 and 2019.
Years Ended December 31,
2020
$
December 31, 2020
$
13,794 Our insurance operations delivered an underwriting profit for 2020 in the face of significant losses attributable to the global pandemic and the unusually high number of natural catastrophes as we benefited from capturing meaningful rate increases and new business in targeted growth areas globally, while exercising strong expense discipline, commented Thomas S. Gayner and Richard R. Whitt, Co-Chief Executive Officers. Encouragingly, for the fourth quarter, we reported an 89% combined ratio, which included four points of pandemic and catastrophe-related losses. Markel Ventures also saw strong top and bot