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 Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 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.

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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. , Oct. 3, 2024 /PRNewswire/ -- Markel Group Inc. (NYSE: MKL) announced today that it will hold its 2025 Reunion at the University of Richmond Robins Center in Richmond, Virginia on May 20 and May 21, 2025.

Markel Group announces date and location for 2025 Reunion

LONDON , Oct. 2, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), today announced a trio of key appointments as part of a strategic move to diversify the business's International Casualty portfolio and strengthen its award-winning Wholesale Claims service for broker partners. The new arrivals include Lauren Percival, who has been appointed to the role of Executive Underwriter – General Liability with immediate effect.

Markel further expands International Casualty team with three key appointments

Markel has a strong 30+ year track record but faced recent growth challenges due to natural catastrophes, economic inflation, and poor acquisitions. Despite setbacks, Markel's integrity and strategic actions have led to improving fundamentals, with book value growing annually and a promising future outlook. Growth re-acceleration is expected through insurance premium growth, profitability improvements, Ventures acquisitions, and sustained high-interest income from the insurance float.

Markel: Remains A Long Term Buy

SINGAPORE , Sept. 18, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), is pleased to announce the appointment of April Tam as Senior Underwriter, Professional Financial Risk (PFR) & Cyber and Head of Financial Institutions in Asia.

Markel appoints April Tam as Senior Underwriter, PFR & Cyber and Head of Financial Institutions, Asia

MKL is well-poised to grow on rate increases, strategic buyouts, new business volume, solid capital position and prudent capital deployment.

Markel Group Stock Rises 11% YTD: More Room for Growth?

LONDON , Sept. 10, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), today announced the launch of its new FintechRisk+ insurance policy, underlining its long-term commitment to provide market-leading coverage and service solutions for fintech companies in an increasingly complex market.

Markel launches FintechRisk+ to offer enhanced cyber coverage and support services for fintechs

RICHMOND, Va. , Sept. 4, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), announced today that Jamie Mullarkey has been named Global Executive Underwriting Officer for Property and First Party Lines.

Jamie Mullarkey named Markel's Global Executive Underwriting Officer for Property and First Party Lines

LONDON , Sept. 3, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE:MKL), today announced the appointment of Rhys O'Neill as Senior Underwriter, Marine & Energy Liability, International Specialty, with immediate effect.

Markel appoints Rhys O'Neill as Senior Underwriter, Marine & Energy Liability in International Specialty

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

Why Is Markel Group (MKL) Up 1.6% Since Last Earnings Report?

JERSEY CITY, N.J.--(BUSINESS WIRE)--SageSure, one of the largest managing general underwriters focused on catastrophe-exposed markets, today announced its collaboration with Markel, the insurance operation within Markel Group Inc. (NYSE: MKL). SageSure Expanded Markets will distribute Markel's insurance products first in Louisiana, South Carolina, and Texas, with more states forthcoming. The collaboration represents strong alignment between Markel and SageSure, both of which specialize in deliv.

SageSure Collaborates with Markel to Introduce New Capacity to Expanded Markets Program

Markel is a compelling buy because its book value has risen more than its share price in recent years. Markel is cheaper than Berkshire Hathaway, but each of the companies has its own risk characteristics. Berkshire Hathaway is better prepared for market turbulence than Markel. However, Berkshire Hathaway is more expensively priced in the market.

Markel: Operational Excellence Is Still Not Visible In Share Price

Markel Group Inc., a diversified holding company, operates in insurance, investments, and Markel Ventures. Recent financial performance has been lackluster, with lower-than-expected earnings and revenue. Despite solid long-term growth, Markel faces challenges such as underperformance in EBITDA and cash flow, leading to a “Hold” rating.

Markel Group's Q2: Nearly A Century Of Growth Facing Modern Headwinds

LONDON , Aug. 15, 2024  /PRNewswire/ -- Markel, the insurance operations within Markel Group (NYSE:MKL), today announced the appointment of Grant Smith as Director, Marine & Energy Liability, International Specialty, with immediate effect. Smith's appointment is the latest in a move to enhance Markel's international specialty underwriting capabilities and expertise, following the launch of its International Specialty practice last December.

Markel appoints Grant Smith to lead its Marine & Energy Liability team in International Specialty

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Realty Income is designed to steadily grow over time no matter what the economy is doing. Markel sells a product that its customers need.

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SINGAPORE , Aug. 4, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), is pleased to announce several key hires to its Singapore and Hong Kong teams. These appointments will play a significant role in the delivery of the organisation's growth strategy as it continues strengthening its operations and underwriting capabilities in the Asia Pacific region.

Markel enhances Singapore and Hong Kong presence with strategic hires

Markel's (MKL) Q2 results reflect improvement in earned premiums and increased net investment income.

Markel's (MKL) Q2 Earnings Beat Estimates, Revenues Miss

Markel Group Inc. (NYSE:MKL ) Q2 2024 Earnings Conference Call August 1, 2024 9:30 AM ET Company Participants Tom Gayner - Chief Executive Officer Brian Costanzo - Chief Financial Officer Jeremy Noble - President, Insurance Operations Conference Call Participants Andrew Kligerman - TD Securities Andrew Andersen - Jefferies John Fox - Fenimore Charlie Lederer - Citigroup Operator Good morning, and welcome to the Markel Group Second Quarter 2024 Conference Call. All participants will be in a listen-only mode.

Markel Group Inc. (MKL) Q2 2024 Earnings Call Transcript

The headline numbers for Markel Group (MKL) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Markel Group (MKL) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Markel Group (MKL) came out with quarterly earnings of $25.95 per share, beating the Zacks Consensus Estimate of $20.76 per share. This compares to earnings of $22.43 per share a year ago.

Markel Group (MKL) Q2 Earnings Surpass Estimates

RICHMOND, Va. , July 31, 2024 /PRNewswire/ -- Markel Group Inc. (NYSE: MKL) today reported its financial results for the second quarter of 2024.

Markel Group reports 2024 second quarter and six-months results

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Get a deeper insight into the potential performance of Markel Group (MKL) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Stay Ahead of the Game With Markel Group (MKL) Q2 Earnings: Wall Street's Insights on Key Metrics

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No matter how sophisticated technology becomes, vulnerabilities can still lead to significant damage and global outages. This was the case in recent days when a faulty CrowdStrike update caused havoc for Windows computers, laptops, and countless other devices, with significant implications for insurance stocks.

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RICHMOND, Va. , July 25, 2024 /PRNewswire/ -- Markel Group Inc. (NYSE: MKL) announced today it will hold a conference call on Thursday, August 1, 2024 beginning at 9:30 am (Eastern Time) to discuss quarterly results and business developments.

Markel Group Inc. announces conference call date and time

RICHMOND, Va. , July 15, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), announced today that Rob Cole has joined Markel as Chief Actuarial Officer.

News for Markel Stock (MKL)