Nov 4th, 2009 - Boston
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RICHMOND, Va.—Specialty insurer Markel Corp. on Wednesday posted a third-quarter profit, reversing a year ago loss, as the company benefited from market gains, a mild hurricane season and strong international operations.
For the three months ended Sept. 30, Markel reported profit of $59.1 million, or $6.02 per share, compared with a loss of $142.3 million, or $14.46 per share, for the third quarter of 2008.
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