Markel Group (MKL) reported $3.83 billion in revenue for the quarter ended June 2024, representing a yearover-year increase of 4.8%. EPS of $25.95 for the same period compares to $22.43 a year ago. The reported revenue represents a surprise of -0.62% over the Zacks Consensus Estimate of $3.86 billion. With the consensus EPS estimate being $20.76, the EPS surprise was +25.00%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...

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. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this insurer would post earnings of $18.50 per share when it actually produced earnings of $18.17, delivering a surprise of -1.78%. Over the last four quarters, the company ...

RICHMOND, Va., July 31, 2024 /PRNewswire/ -- Markel Group Inc. (NYSE: MKL) today reported its financial results for the second quarter of 2024. The Company also announced today it filed its Form 10-Q for the quarter ended June 30, 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. "Our Insurance engine continued to make steady progress in th ...

RICHMOND, Va., July 31, 2024 /PRNewswire/ -- Markel Group Inc. (NYSE: MKL) today reported its financial results for the second quarter of 2024. The Company also announced today it filed its Form 10-Q for the quarter ended June 30, 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. "Our Insurance engine continued to make steady progress in th ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________ FORM 10-Q ______________________________________________________________________________________ ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended June 30, 2024 or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from _______ to _______ Se ...

Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. In light of this perspective, let's dive into the average estimates of certain Markel Group metrics that are commonly tracked and forecasted by Wall Street analysts. Analysts expect 'Net Earned Premiums- Reinsurance' to come in at $238.28 million. The estimate points to a ch ...

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. "We are excited to have Rob join the Markel team," said Brian Costanzo, Chief Financial Officer, Markel. "He has a deep level of expertise in partnering with underwriting and claims functions, as well as the executive leadership required to manage and build cohesive global teams. We are confident he will build upon our ...

DUBAI, United Arab Emirates, June 27, 2024 /PRNewswire/ -- Markel, the insurance operation within Markel Group Inc. (NYSE: MKL), today announced the appointment of Jennifer Gebran as Head of Casualty for the Middle East and North Africa (MENA) region, with immediate effect. In her new role, Gebran will be responsible for developing the region's casualty underwriting strategy – one centred on enhanced underwriting capabilities and the delivery of profitable growth. She will also be tasked with developing str ...

In her new role, Gebran will be responsible for developing the region's casualty underwriting strategy – one centred on enhanced underwriting capabilities and the delivery of profitable growth. She will also be tasked with developing stronger relationships with new and existing brokers, other distribution partners and clients, to help establish Markel as a market leader for casualty underwriting in the MENA region. Gebran will play a key role in supporting Markel's plans to strategically expand its footprin ...

Phil Schmidt named Markel's Chief Strategy Officer "Phil brings strong global and strategic credentials to the role of Chief Strategy Officer," said Jeremy Noble, President, Markel. "He also has demonstrated a close alignment with Markel's people-driven culture, which we believe is an important asset. We are confident that his leadership of the Global Strategy team will keep Markel focused on the priorities and resources needed for industry leadership. I look forward to partnering with Phil in this work." S ...