Markel (MKL)

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Markel announces reorganization for US professional liability portfolio
Prnewswire· 2025-02-03 21:05
RICHMOND, Va., Feb. 3, 2025 /PRNewswire/ -- In an effort to better serve its clients, Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), announced today that it will streamline its US professional liability products into four separate pillars effective immediately. These pillars will consist of management liability, errors and omissions (E&O), cyber, and financial institutions.As part of this realignment, Markel will move its access point for Public Directors & Officers (D&O) and large f ...
Markel: Why You Should Consider Buying This Stock In 2025
Seeking Alpha· 2025-01-28 12:57
I consider Markel (NYSE: MKL ) a 'buy' at a share price of $1,810, with an expected 11.1% compound annual growth rate through 2028. Given its strong and stable insurance engine, Thomas Gayner's (CEO of Markel) passion for capital allocation and investing, and the promising Markel Ventures engine, IHello, I am an 25 year old passionate investor from The Netherlands. I am here to share my passion for investing and writing articles with you. My investment universe is framed around high-quality companies with a ...
Analysts Estimate Markel Group (MKL) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2025-01-22 16:06
The market expects Markel Group (MKL) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss ...
Markel appoints Casualty Claims Manager in Australia
Prnewswire· 2025-01-16 11:26
MELBOURNE, Australia, Jan. 16, 2025 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), has announced the appointment of Scott Jordan as Claims Manager, Casualty – Australia.Scott joins Markel after more than 12 years at Chubb, where he was most recently Team Leader of Casualty Claims. He has more than 20 years of experience in the insurance claims industry in the UK and Australia, where he has managed claims across all lines of business at companies including RBS Insuranc ...
Markel elevates Wanshi Lin to newly created Head of Singapore position
Prnewswire· 2025-01-15 09:00
SINGAPORE, Jan. 15, 2025 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), today announced that Wanshi Lin has been appointed as the Head of Singapore, effective immediately.In this newly created position, Lin will oversee the company's underwriting team in Singapore and spearhead business planning and market engagement on the company's Lloyd's Singapore platform. The establishment of a new leadership role in Singapore is demonstrative of Markel's ongoing commitment to e ...
Compelling Reasons to Hold on to Markel Group Stock for Now
ZACKS· 2025-01-08 17:21
Markel Group Inc. (MKL) remains well-poised to gain from the new business volume, solid retention levels, improving rate environment, strategic acquisitions, as well as effective capital deployment. Higher return on capital, favorable growth estimates and the affordability of the stock are other positives.With a market capitalization of $21.94 billion, the average volume of shares traded in the last three months was 0.04 million.Earnings of Markel Group grew 46.2% in the last five years, better than the ind ...
Markel appoints Grant Smith to lead its Transport and Logistics team in International Specialty
Prnewswire· 2025-01-08 09:00
LONDON, Jan. 8, 2025 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE:MKL), today announced that Grant Smith is to head up its Transport and Logistics team, with immediate effect.In his expanded role, Smith will be responsible for defining the underwriting strategy for the Transport and Logistics team, centered on driving sustainable, profitable growth. Smith will also be tasked with expanding market share, driving product development and further establishing Markel as a marke ...
Markel grows Asia Pacific team with new role to lead broker engagement
Prnewswire· 2025-01-07 09:00
Executive Appointment - Jack Taylor has been appointed as Executive, Distribution Strategies and Business Development, Asia Pacific, based in Singapore [1][2] - The newly created role is part of Markel's strategy to enhance broker engagement in the Asia Pacific region [2] Responsibilities and Strategy - Taylor will lead broker engagement across the Asia Pacific region, working with territory leaders, underwriters, and international teams [2][3] - He will focus on highlighting Markel's specialty value proposition and developing underwriting solutions in the region [3] Industry and Company Background - Markel is a leading global specialty insurer with operations including Markel Specialty, Markel International, Markel Global Reinsurance, State National, and Nephila [5] - The company emphasizes a people-first approach and values deep relationships with colleagues, brokers, and clients [5] Leadership Perspective - Dan Martin, Managing Director of Distribution Strategy and Business Development, highlights Taylor's extensive experience in specialty insurance and broker engagement as a key asset for growth in the region [4] - Christian Stobbs, Asia Pacific Managing Director, notes Taylor's impressive profile in the Singapore market and expects him to strengthen broker partnerships across the region [4] Professional Background - Taylor joins Markel from Zurich Insurance, where he held roles in relationship and business development, as well as senior underwriting, in both London and Singapore [4]
Markel hires David Pressman as Senior Underwriter, Marine Cargo
Prnewswire· 2024-11-21 09:00
LONDON, Nov. 21, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), today announced the appointment of David Pressman as Senior Underwriter – Marine Cargo, with immediate effect. David Pressman, Senior Underwriter, Marine Cargo at Markel Pressman will support the profitable expansion of Markel's Marine Cargo portfolio in London, by servicing new and renewal business as well as fostering strong relationships with broker partners, ensuring high service levels are ...
Markel Group Stock Rises 16.5% Year to Date: Will the Rally Last?
ZACKS· 2024-11-14 16:41
Markel Group Inc. (MKL) shares have gained 16.5% in the year-to-date period against the industry’s decline of 7%. With a market capitalization of $21.29 billion, the average volume of shares traded in the last three months was 0.03 million.MKL Outperforms Industry YTDImage Source: Zacks Investment ResearchEarnings of Markel Group grew 46.2% in the last five years, better than the industry average of 14.7%. MKL has a solid surprise history. It surpassed earnings estimates in two of the last four quarters whi ...