Markel

Markel Corp. is a financial holding company, which engages in underwriting specialty insurance products for a variety of niche markets. It operates through the Insurance and Reinsurance segments. The Insurance segment includes all direct business and facultative placements written within the company's underwriting operations. The Reinsurance segment deals with all treaty reinsurance written within the company's underwriting operations. The company was founded by Samuel A. Markel in 1930 and is headquartered in Glen Allen, VA.

Earnings data Q1 2021

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Markel reports strong financial performance and strategic resilience in Q4 2022 earnings call

Markel's Q4 2022 earnings call highlights robust financial performance, strategic challenges, and opportunities for growth in a dynamic market environment.
The company's focus on disciplined underwriting, effective capital allocation, and cautious risk management positions it well for future success and resilience.
Despite facing industry challenges, Markel remains optimistic, adaptive, and prepared to navigate market uncertainties with a proactive approach.

Markel (MKL) reports strong Q1 performance, eyes sustainable growth

Markel's Q1 2023 performance showcased strength in insurance, ventures, and investments.
Despite challenges in CMBS holdings and natural catastrophe expenditures, opportunities exist in market capture and talent investment.
Management's focus on underwriting discipline and long-term sustainability positions Markel well for future growth.
Flexibility in growth targets and a cautious approach to underwriting support Markel's resilience in dynamic markets.

Markel Group posts strong Q2 results, eyes strategic acquisitions

Markel Group's Q2 2023 earnings call reflects robust performance, highlighting growth in revenues, EBITDA, and investment income. While challenges in loss activity trends are noted, the company's strong financial position and strategic focus on long-term value creation position it well for future opportunities.

Markel reports robust Q3 performance, addresses insurance challenges proactively

Markel Group's strong financial performance in Ventures and investments is balanced by challenges in insurance operations.
Proactive underwriting actions and strategic adjustments position Markel well for future growth and profitability.
Opportunities for portfolio reshaping and addressing industry challenges are key focus areas for sustained success.

Markel faces insurance challenges but sees growth in ventures and investments

Markel Group navigated challenges in insurance operations in 2023 but showed strength in ventures and investments. Management is taking significant actions to improve results and expressed confidence in reporting better results in the future. The company is focusing on ensuring a healthy portfolio, rate adequacy, and appropriate returns on capital in insurance operations.

Markel excels in Q1 2024 with strong operational performance

Markel's Q1 2024 earnings call highlights strong performance across its insurance, Ventures, and investment segments, supported by strategic actions to drive profitability and enhance shareholder value. The company's prudent risk management practices, long-term investment focus, and commitment to operational excellence underscore its resilience and growth potential.

Markel excels in Q2 2024 with strong business performance

Markel Group demonstrated robust performance in Q2 2024, with positive contributions from all business engines.
While facing challenges in specific insurance lines, the company remains focused on long-term growth and profitability.
Strategic acquisitions and improved operating margins in Ventures highlight opportunities for further expansion and innovation.
Markel's commitment to underwriting discipline and market-responsive strategies positions it well for future success.

Markel (MKL) posts strong Q3 earnings, focuses on operational efficiency

Markel (MKL) reported stellar financial results in Q3 2024, with significant growth in key financial metrics and a focus on enhancing operational efficiency. While facing challenges related to catastrophe losses, the company remains well-positioned to capitalize on opportunities for growth and performance improvement within its insurance operations.

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Markel Group, Inc. is a financial holding company, which engages in underwriting specialty insurance products for a variety of niche markets. It operates through the Insurance and Reinsurance segments. The Insurance segment includes all direct business and facultative placements written within the company's underwriting operations. The Reinsurance segment deals with all treaty reinsurance written within the company's underwriting operations. The company was founded by Samuel A. Markel in 1930 and is headquartered in Glen Allen, VA.

RICHMOND, Va., Jan. 7, 2021 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today that Tom Williams has joined the company as Environmental Product Line Leader. He will lead the environmental team for the Markel Specialty division. "The environmental product line is a critical...

Tom Williams joins Markel as Environmental Product Line Leader

RICHMOND, Va., Jan. 4, 2021 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today that Trevor Gandy has joined the company as Managing Director, Talent, Diversity and Inclusion, effective January 1, 2021. In this new role, Gandy will further shape the company's diversity, equity,...

Markel hires Trevor Gandy to lead talent, diversity, and inclusion initiatives

RICHMOND, Va., Dec. 31, 2020 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today that Markel Surety, a part of Markel's Specialty division, has increased its capacity offering to $500 million for the most qualified accounts with the establishment of a National Accounts segment....

Markel Surety expands into National Accounts and increases geographic footprint

Markel (MKL) is poised to benefit from new business written, recent acquisitions and solid capital position.

Markel (MKL) Banks on Solid Premiums, Robust Capital Position

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These two insurers are anything but typical. But which is the better investment?

Better Buy: Lemonade vs. Markel

Markel has a differentiated model of investing its retained cash flows to buy other companies, similar to how Berkshire Hathaway operates. Its insurance business is profitable despite a challenging quarter, and the ventures segment has shown strong growth.

Markel: The Berkshire Hathaway Of Insurance Is A Buy

RICHMOND, Va., Nov. 18, 2020 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today the appointment of Mark M. Besca to its board of directors, effective November 18, 2020. Besca serves as a consultant to EY (formerly Ernst & Young, LLP) having retired from EY in June 2020 after a...

Mark M. Besca Joins Markel's Board of Directors

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Akre Capital Management recently disclosed its portfolio updates for the third quarter of 2020, which ended on Sept. 30.

Akre Capital Management's Top 3rd-Quarter Trades

While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, virus news and stimulus talks, many smart money investors are starting to get cautious towards the current bull run since March and hedging or reducing many of their long positions. Some fund managers are betting on Dow hitting 30,000 to generate strong returns. However, as we know, big investors usually buy stocks with strong fundamentals that can deliver gains both in bull and bear markets, which is why we believe we can profit from imitating them. In this article, we are going to take a look at the smart money sentiment surrounding Markel Corporation (NYSE:MKL).

Was The Smart Money Right About Markel Corporation (MKL)?

Markel's (MKL) third-quarter results reflect higher premiums at Insurance Segment, offset by higher expenses and lower investment income.

Markel (MKL) Q3 Earnings and Revenues Surpass Estimates

Markel Corp (MKL) CEO Thomas Gayner on Q3 2020 Results - Earnings Call Transcript

RICHMOND, Va., Oct. 27, 2020 /PRNewswire/ -- Markel Corporation (NYSE:MKL) today reported its financial results for the third quarter and first nine months of 2020. The Company also announced today it has filed its Form 10-Q for the quarter ended September 30, 2020 with the Securities and...

Markel Reports Third Quarter And Nine-Months Results

RICHMOND, Va., Oct. 7, 2020 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today that it is creating one center of expertise for the global property catastrophe (CAT) reinsurance market by closing its Markel Global Reinsurance property CAT unit and having Nephila become Markel's...

Markel Consolidates All Property CAT Reinsurance Business Under Nephila

Markel Corporation has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.

Markel Corp Enters Oversold Territory

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United Insurance Holdings (UIHC) estimates third-quarter catastrophe loss of $107 million.

United Insurance Provides Q3 Catastrophe Loss Estimates

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” of Markel Corporation (Markel) and all of its Long-Term Issue Credit Ratings (Long-Term IRs) and indicative Long-Term IRs (see below for a detailed list of Long-Term IRs and indicative Long-Term IRs).

AM Best Affirms Credit Ratings of Markel Corporation and Most Subsidiaries; Upgrades Issuer Credit Rating of Markel Bermuda Limited

RICHMOND, Va., Sept. 2, 2020 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today that Kelly Castriotta, Esq.

Markel hires Kelly Castriotta as Senior Director, Global Cyber Underwriting

Markel (MKL) reported earnings 30 days ago. What's next for the stock?

Markel (MKL) Up 7.3% Since Last Earnings Report: Can It Continue?

RICHMOND, Va., Aug. 24, 2020 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today that Julia Chu has been appointed Chief Risk Officer, effective immediately.

Markel appoints Julia Chu as Chief Risk Officer

RICHMOND, Va., Aug. 20, 2020 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today the appointment of A.

A. Lynne Puckett Joins Markel's Board Of Directors

Markel continues to grow earned premiums and the profitability of the insurance segment, as evidence by the outstanding combined ratio.

Markel Corporation: Undervalued And Growing

Markel's (MKL) second-quarter results reflect strong performance of Insurance and Reinsurance Segments, and solid underwriting results.

Markel (MKL) Q2 Earnings Rise Y/Y, Revenues Beat Estimates

Markel Corp (MKL) CEO Richard Whitt on Q2 2020 Results - Earnings Call Transcript

Markel (MKL) delivered earnings and revenue surprises of 57.01% and 2.49%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Markel (MKL) Surpasses Q2 Earnings and Revenue Estimates

RICHMOND, Va, July 28, 2020 /PRNewswire/ -- Markel Corporation (NYSE:MKL) today reported its second quarter 2020 results. The Company also announced today it has filed its Form 10-Q for the quarter ended June 30, 2020 with the Securities and Exchange Commission.

News for Markel Stock (MKL)