Profile
Sector:
Financial ServicesIndustry:
Insurance - Property & CasualtyCountry:
United StatesIPO:
12 December 1986Website:
http://www.markel.comNext earnings report:
31 January 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 23:16:18 GMTDividend
Analysts recommendations
Institutional Ownership
MKL Latest News
Markel Group Inc. (NYSE:MKL ) Q3 2024 Earnings Conference Call October 31, 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 Anderson - Jefferies Andrew Kligerman - TD Cowen Mark Hughes - Truist Scott Heleniak - RBC Operator Good morning, and welcome to the Markel Group Third Quarter 2024 Conference Call. [Operator Instructions] During the call today, we may make forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
MKL's Q3 results reflect improved net investment income and reduced operating expenses, offset by lower earned premiums.
RICHMOND, Va. , Oct. 30, 2024 /PRNewswire/ -- Markel Group Inc. (NYSE: MKL) today reported its financial results for the third quarter of 2024.
RICHMOND, Va. , Oct. 24, 2024 /PRNewswire/ -- Markel Group Inc. (NYSE: MKL) announced today it will hold a conference call on Thursday, October 31, 2024 beginning at 9:30 am (Eastern Time) to discuss quarterly results and business developments.
RICHMOND, Va. , Oct. 21, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), announced today that Jim Hinchley has been named Chief Retail Officer for Markel's Specialty division.
Markel Group (MKL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
With this new offering, that expands VOOM's innovative motorcycle insurance offering, e-bike and other bicycle owners will pay get a flexible and comprehensive insurance coverage PALO ALTO, Calif. , Oct. 14, 2024 /PRNewswire/ -- VOOM Insurance, the leading InsurTech company for the future of mobility, announced today that it has launched its insurance offering for Electric Bikes.
Markel stock trades at a significant discount to peers, despite strong investment income and improved underwriting, making it an attractive entry point for investors. The company's investment portfolio, worth ~$30 billion, and Markel Ventures, valued at $6 billion, provide a substantial margin of safety. Markel has compounded book value at 11% annually and is expected to continue growing at low double-digit rates, despite earnings volatility.
LONDON , Oct. 10, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE:MKL), today announced the appointment of Stacey Hinton as Senior Underwriter, Head of Jewellers Block, Specie, with immediate effect. In her new role, Hinton will be responsible for driving the profitable growth of Markel's international Jewellers Block portfolio and developing and maintaining relationships with brokers and clients.
LONDON , Oct. 9, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE:MKL), today announced Jack Eastwood as Senior Underwriter, Cyber, with immediate effect. His arrival underpins Markel's commitment to investing in top-tier talent to continue enhancing its product and service offerings and underwriting expertise for broker partners.
What type of business is Markel?
Markel Corporation is an insurance, reinsurance, and investment holding company operating worldwide. Markel was founded in 1930, with its headquarters located in Richmond, Virginia. The "Insurance - U.S." segment includes all direct commercial and facultative insurance coverages underwritten by the Company's U.S.-based insurance subsidiaries. The "Insurance - International" segment includes all direct commercial and facultative insurance coverages underwritten by the Company's non-U.S.-based insurance subsidiaries, including Lloyd's of London syndicate. The "Reinsurance" segment includes all reinsurance contracts underwritten by the Company's structures.
What sector is Markel in?
Markel is in the Financial Services sector
What industry is Markel in?
Markel is in the Insurance - Property & Casualty industry
What country is Markel from?
Markel is headquartered in United States
When did Markel go public?
Markel initial public offering (IPO) was on 12 December 1986
What is Markel website?
https://www.markel.com
Is Markel in the S&P 500?
No, Markel is not included in the S&P 500 index
Is Markel in the NASDAQ 100?
No, Markel is not included in the NASDAQ 100 index
Is Markel in the Dow Jones?
No, Markel is not included in the Dow Jones index
When was Markel the previous earnings report?
No data
When does Markel earnings report?
The next expected earnings date for Markel is 31 January 2025