Warren Mitlak's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/6507101/comments http://seekingalpha.com/article/1083941/comments?source=feed#comment-13250701 13250701 Thanks for the explanation.
The expense line for Markel on the income statement is called
"Underwriting, acquisition and insurance expenses" vs. "Acquisition expenses" on the Alterra income statement. Isn't the combined ratio the way to compare the profitability of different insurance companies' operations?

]]> Thu, 03 Jan 2013 07:17:09 -0500 Thanks for the explanation.
The expense line for Markel on the income statement is called
"Underwriting, acquisition and insurance expenses" vs. "Acquisition expenses" on the Alterra income statement. Isn't the combined ratio the way to compare the profitability of different insurance companies' operations?

]]> http://seekingalpha.com/article/1083941/comments?source=feed#comment-13178391 13178391
Markel continues to sell more insurance so it does not seem to be affecting their sales. According to Markel's most recent 10-Q, the company's revenue from premiums is up for the third quarter 2012 vs. 2011 and for the first nine months of 2012 vs. 2011.

Also, I haven't seen any estimates from Markel on their losses from Hurricane Sandy. Last year they reported 8 points of loss on their combined ratio of 102%. The loss was for multiple natural catastrophes.]]> Tue, 01 Jan 2013 08:46:19 -0500
Markel continues to sell more insurance so it does not seem to be affecting their sales. According to Markel's most recent 10-Q, the company's revenue from premiums is up for the third quarter 2012 vs. 2011 and for the first nine months of 2012 vs. 2011.

Also, I haven't seen any estimates from Markel on their losses from Hurricane Sandy. Last year they reported 8 points of loss on their combined ratio of 102%. The loss was for multiple natural catastrophes.]]>