Markel Corporation’s gross asbestos-related reserves were US$270.3 million and net asbestos reserves were US$154.4 million at Dec. 31, 2010, according to the Company’s annual report filed with the Securities and Exchange Commission on Feb. 28, 2011.
Net reserves for reported claims…
Markel Corporation says the underwriting loss for both the quarter and nine months ended Sept. 30, 2009 included US$10 million of loss reserve development on asbestos and environmental exposures compared to US$24.9 million in both periods of 2008.
The Other segment…
Markel Corporation’s asbestos-related reserves, at Dec. 31, 2008, were US$168.2 million on a net basis and US$304.7 million on a gross basis, according to the Company’s annual report filed with the Securities and Exchange Commission on March 2, 2009.
Net reserves…