For the quarter ended March 2024, Markel Group (MKL) reported revenue of $3.56 billion, up 9% over the same period last year. EPS came in at $18.17, compared to $17.35 in the year-ago quarter.The reported revenue represents a surprise of -1.51% over the Zacks Consensus Estimate of $3.62 billion. With the consensus EPS estimate being $18.50, the EPS surprise was -1.78%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...

RICHMOND, Va., May 1, 2024 /PRNewswire/ -- Markel Group Inc. (NYSE:MKL) today reported its financial results for the first quarter of 2024. The Company also announced today it filed its Form 10-Q for the quarter ended March 31, 2024 with the Securities and Exchange Commission. Markel Group aspires to build one of the world's great companies and deploys three financial engines in pursuit of this goal: Insurance, Investments and Markel Ventures. "We are pleased with the overall performance of our businesses a ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from _______ to _______ Commission File Number: 001-15811 _________________________________________ Table of Contents Washington, D.C. 20549 ___________________________________________ FORM 10-Q ______________________________________________________________________________________ ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securi ...

Wall Street analysts expect Markel Group (MKL) to post quarterly earnings of $18.50 per share in its upcoming report, which indicates a year-over-year increase of 6.6%. Revenues are expected to be $3.62 billion, up 10.7% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 1.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to ...

LONDON, April 18, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL) has promoted Chloe Gordge to Head of Terrorism in London, effectively immediately. This decision underlines Markel's commitment to the terrorism market by investing in top-tier talent, as the business positions itself for further profitable growth across its portfolios in Asia, London, and the United States (US). Gordge joined the organisation as an Underwriting Assistant more than 11 years ago, duri ...

Markel Group Inc. (MKL) has been gaining momentum on the back of new business volume, strong retention levels, an improving rate environment, higher interest income on cash equivalents, strategic buyouts and favorable growth estimates.Growth ProjectionsThe Zacks Consensus Estimate for Markel Group’s 2025 earnings per share indicates a year-over-year increase of 21.1% from the consensus estimate of 2024. The consensus estimate for revenues is pegged at $15.92 billion, implying a year-over-year improvement of ...

RICHMOND, Va., March 19, 2024 /PRNewswire/ -- Alan Kirshner, 88, former Chairman of the Board and Chief Executive Officer (CEO) of Markel Group Inc. (NYSE: MKL), passed away on March 17, 2024. Kirshner joined Markel in 1960 and played a substantial role in transforming the company from a privately held regional insurer to a family of businesses with global reach. He joined the Board of Directors in 1978 and became Chairman and CEO in 1986, the same year Markel became a public company. Kirshner served as CEO ...

RICHMOND, Va. , March 15, 2024 /PRNewswire/ -- Markel, the insurance operations within the Markel Group Inc. (NYSE: MKL), announced today that David Roos has been named Senior Director, Property and Marine for Markel Specialty's Wholesale Southeast region. In his new role, Roos will lead Markel Specialty's Southeast Wholesale property and marine teams to continue to generate profitable growth by delivering risk management solutions and services to our trading partners in the Southeast region. David Roos ...

LONDON, March 14, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), has appointed Oliver Atkin to Head of Bloodstock in London, effective immediately. This investment decision in leadership underlines the organisation's long-term commitment to the equine and livestock market, through top-tier underwriting talent and creating bespoke insurance solutions for clients. Oliver Atkin, Head of Bloodstock in London, Markel Atkin will lead the Bloodstock team in London b ...

Andrii Dodonov Introduction Per Markel Group Inc.'s (NYSE:MKL) 2019 annual report, their first engine is insurance, the second is Markel Ventures, and the third is investments. The insurance engine struggled in 2023. Markel's consolidated combined ratio increased from 92% in 2022 to 98% in 2023 and consolidated underwriting profits dropped from $627 million in 2022 to $133 million in 2023. Nonetheless, the insurance engine from 2023 isn't the whole picture. The Markel Ventures engine and the investment engi ...