Nephila’s climate and specialty investing ‘slightly unprofitable’: Markel’s Noble
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Nephila’s climate and specialty investing ‘slightly unprofitable’: Markel’s Noble

jeremy noble markel pk.jpg

Nephila’s “slightly profitable” property cat investing is being offset by its “slightly unprofitable” climate and specialty side, Jeremy Noble, CFO and president of insurance at Markel, said on the firm’s Q4 earnings call today.

Nephila achieved significant rate increases at 1 January, with the expectation that it would continue capitalising on improving pricing throughout the year.

Noble

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article