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5 February 2012

Markel highlights Italian med mal losses

13 August 2010

US specialty (re)insurer Markel International has increased its loss reserves for medical malpractice business by $28.8mn, the company admitted as part of its 2001 Q2 earnings statement, as it continues to experience the fallout from historic Italian hospital claims which have beleaguered the London market.

Markel said that during second quarter of 2010, the actual claims experience related to medical malpractice coverage for Italian hospitals and professional indemnity coverage for construction professionals in Australia was greater than expected, and that,...


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