Quota share deals boost Markel reinsurance GWP

More quota share deals, multi-year policy renewals and large
one-off agreements were behind the increased reinsurance writings
by Markel in Q1 2016, according to co-CEO Richard Whitt.
Speaking on an earnings call yesterday (4 May), Fenimore Asset
Management analyst John Fox questioned why the company's
reinsurance gross written premium (GWP) had risen substantially
given declining rates in the sector, and asked which kind of risks
were now on the book.
Reinsurance GWP at Markel increased by 16.7