RICHMOND, Va., June 25, 2024 /PRNewswire/ -- Markel Group Inc. (NYSE: MKL) and Valor Environmental announced today that they have entered into a definitive agreement for Markel Group to acquire a majority interest in Valor and its related operating companies. The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2024. Additional terms were not disclosed. "We are thrilled to partner with Markel Group. This permanent home enables Valor to continue making ...

RICHMOND, Va., June 25, 2024 /PRNewswire/ -- Markel Group Inc. (NYSE: MKL) and Valor Environmental announced today that they have entered into a definitive agreement for Markel Group to acquire a majority interest in Valor and its related operating companies. The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2024. Additional terms were not disclosed. Markel Group's expansion into new industries began nearly two decades ago, building upon the financi ...

Root (ROOT) Under the leadership of CEO Thomas Gayner, Markel operates on a parallel model to Berkshire, reinvesting underwriting profits into a range of equity investments, spanning publicly traded stocks to private company stakes. Dubbed the "Baby Berkshire" approach, the model has been lucrative for Markel, yielding a 475% return over the past two decades. In light of this, why would anyone ever consider sticking with a sector like financial services stocks? They are collectively overvalued from a practi ...

LONDON, June 13, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), today announced it has appointed Kyle McGrath as its Head of Fine Art – North America, with immediate effect. Kyle McGrath, Head of Fine Art - North America, Markel McCarthy commented: "The global fine art insurance market is expanding, driven largely by an increase in the individual and institutional collector base in the US. Meanwhile, rising art valuations and a changing risk landscape for collect ...

Markel Group Inc. (MKL) has been in investors' good books 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 Projections The Zacks Consensus Estimate for Markel Group's 2024 revenues is pegged at $14.95 billion, implying a year- over-year improvement of 4.6%. The consensus estimate for 2025 earnings per share and revenues indicates an increase of 21% and 5.6%, respect ...

RICHMOND, Va., June 3, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), announced today that Jamie Carsey has been appointed Chief Claims Officer to oversee US and Bermuda claims operations within the company's Specialty division. Jamie Carsey named Chief Claims Officer of Markel Specialty.Jamie Carsey named Chief Claims Officer of Markel Specialty. Carsey joined Markel in 2017, and has held various positions within the company, most recently as Senior Managing Dir ...

Carsey joined Markel in 2017, and has held various positions within the company, most recently as Senior Managing Director, Claims – Legal and Head of Litigation. Prior to joining Markel, she was a partner at a Texas-based insurance firm, where she managed large litigation teams handling complex cases nationwide. She is a member of Markel's D&I Global Steering Committee and Talent Advisory Council and serves on the Houston board for the Insurance Industry Charitable Foundation (IICF). Carsey holds a bachelo ...

Finding the best retirement stocks that perfectly align with every investor's portfolio is challenging. Numerous factors influence the decision tree, including your retirement account's tax structure, age, risk tolerance and personal investment preferences. Nonetheless, a robust retirement plan usually involves diversification across multiple industries, offering exposure to a broad array of investments. It's never too early to start considering retirement investing; starting yesterday is best, but the seco ...

What do you consider your core portfolio stocks? Some stick to growth, others slant value, while others throw as much cash at today's (or yesterday's) top meme stocks — but which method is best? As with all things investing, there's no hard and fast rule regarding which companies should form your core portfolio stocks. Still, for most retail investors with sufficiently long investment periods, a handful of commonalities should form the backbone of your search for core portfolio stocks. If you research each ...

Markel Group Inc. (NYSE:MKL) Q1 2024 Earnings Conference Call May 2, 2024 5:30 PM ET Company Participants Tom Gayner - Chief Executive Officer Brian Costanzo - Chief Financial Officer Jeremy Noble - President, Insurance Operations Conference Call Participants Mark Hughes - Truist Securities Andrew Andersen - Jefferies Charlie Lederer - Citi John Fox - Fenimore Scott Heleniak - RBC Capital Markets Robert Farnam - Janney Operator Good morning and welcome to the Markel Group First Quarter 2024 Conference Call. ...