XNYS
MKL
Market cap21bUSD
Oct 08, Last price
1,767.82USD
1D
2.29%
1Q
-9.33%
Jan 2017
95.45%
Name
Markel Group Inc
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Profile
Markel Corporation is a diversified financial holding company primarily engaged in providing specialized insurance solutions globally. Its operations span the United States, Bermuda, the United Kingdom, Europe, Canada, the Asia Pacific region, and the Middle East. Within its Insurance segment, Markel provides a broad spectrum of coverage. This includes general and professional liability, personal insurance policies, marine and energy risks, tailored specialty programs, and workers' compensation. Additionally, it offers property insurance, encompassing fire, allied perils, and various specialized property coverages, such as those exposed to catastrophic events like earthquakes and windstorms. The segment further extends to credit and surety offerings, alongside collateral protection insurance. Markel's Reinsurance division focuses on transactional, healthcare, and environmental impairment liability reinsurance. It also specializes in treaty reinsurance products, which encompass structured and whole turnover credit, political risk, mortgage and contract, and commercial surety reinsurance programs. The Markel Ventures segment diversifies the company's portfolio with a varied collection of non-insurance businesses. This includes manufacturing equipment for baking systems and food processing, portable dredges, over-the-road car haulers, and various transportation equipment. It also produces laminated oak and composite wood flooring, tube and tank trailers, along with offering ornamental plants, residential homes, handbags, and architectural products. Beyond manufacturing, Markel Ventures delivers a range of services to both businesses and consumers. These services include distributing exterior building products, crane rental, fire protection and life safety solutions, management and technology consulting, and retail intelligence services. Finally, the company's Other segment encompasses healthcare, leasing, and various investment services. It also functions as an insurance and investment fund manager, offering a suite of specialized investment products such as insurance-linked securities, catastrophe bonds, insurance swaps, and weather derivatives, in addition to providing program services. Furthermore, this segment manages funds collaboratively with third parties. Established in 1930, Markel Corporation maintains its headquarters in Glen Allen, Virginia.
Related entities
Subsidiaries (21)
COTTRELL, INC.
MARKEL CAPITAL HOLDINGS LIMITED
Markel Holdings GmbH
Markel Insurance Group, LLC
MARKEL INTERNATIONAL SINGAPORE PTE. LIMITED
Markel Investments, Inc.
MARKEL SERVICES INDIA PRIVATE LIMITED
NEPHILA CAPITAL LTD.
NEPHILA SYNDICATE MANAGEMENT LIMITED
RUBIK REINSURANCE LTD.
Buckner HeavyLift Cranes, LLC
Markel Bermuda Limited
Markel CATCo Investment Management Ltd.
MARKEL GLOBAL REINSURANCE COMPANY
Markel Insurance SE
MARKEL INTERNATIONAL INSURANCE COMPANY LIMITED
MARKEL INTERNATIONAL INSURANCE COMPANY LIMITED, London, Switzerland Branch Nürensdorf
MARKEL INTERNATIONAL SERVICES LIMITED
MARKEL SYNDICATE MANAGEMENT LIMITED
Markel Underwriting GmbH
Key people
Steven Markel
Chairman of the Board · since 2020
Brian Costanzo
Chief Financial Officer · since 2023
Andrew Crowley
President - Markel Ventures · since 2022
Simon Wilson
Chief Executive Officer - Markel Insurance · since 2025
Michael Heaton
Chief Operating Officer, Executive Vice President · since 2024
Richard Grinnan
Senior Vice President, Chief Legal Officer, Secretary · since 2020
Meade Grandis
Chief Accounting Officer · since 2023
Andrew Mcmellin
Managing Director of Wholesale · since 2023
Chief Executive Officer, Director · since 2023
Independent Director · since 2020
Lawrence Cunningham
Independent Director · since 2023
Greta Harris
Independent Director · since 2021
Morgan Housel
Independent Director · since 2021
Independent Director · since 2018
Independent Director · since 2025
Harold Morrison
Independent Director · since 2020
Michael O'Reilly
Lead Independent Director · since 2021
A. Lynne Puckett
Independent Director · since 2020
Legal address
C/O Corporation Service Company
100 Shockoe Slip Fl 2
Richmond, VA 23219-4100
US
100 Shockoe Slip Fl 2
Richmond, VA 23219-4100
US
Headquarters
4521 Highwoods Pkwy
Glen Allen, VA 23060-6148
US
Glen Allen, VA 23060-6148
US
Previous name
Markel Corporation
Previous name
MARKEL HOLDINGS, INC.
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