Among the characteristics that make the insurance business the granddaddy of financial services: Insurers are keen to the evolving needs of their clients and the way an ever-changing world impacts their business. Here, property and casualty insurance professionals will find valuable news and information for their specialty market clients.
Hit by underwriting losses due to the Deepwater Horizon oil rig explosion and the Chilean earthquake, specialty insurer Markel Corp. posted a 36.7 percent decrease in second-quarter net income.
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