Markel (MKL)

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Markel launches first-of-its-kind affirmative cyber product for collateral war cover
Prnewswire· 2025-05-13 08:30
Group 1 - Markel Insurance has launched a new cyber insurance product that provides coverage of up to US$5 million for indirect losses resulting from acts of war [1][3][5] - The product addresses the growing concern of cyber risks, particularly for large organizations in critical sectors, as state-sponsored cyber threats are increasing in frequency and severity [2][6] - This new offering is designed as a wrap-around solution for corporate clients with existing cyber insurance policies, allowing them to cover gaps in war-related exclusions [4][6] Group 2 - The new product is part of Markel's response to the evolving needs of clients who require coverage for the indirect impacts of war on their cyber insurance [6][7] - Markel has allocated a fixed aggregate limit specifically for this product, indicating a commitment to addressing these emerging risks in the insurance market [5][7] - The initial limit of coverage is set at US$5 million per risk, with the potential for future expansion based on market demand [5][7]
Markel Group (MKL) Earnings Call Presentation
2025-05-09 21:26
MARKEL GROUP MARKEL GROUP MARKEL GROUP MARKEL GROUP MARKEL GROUP MARKEL GROUP MARKEL GROUP MARKEL GROUP MARKEL GROUР MARKEL GROUP MARKEL GROUР MARKEL GROUP MARKEL GROUР MARKEL GROUP MARKEL GROUР MARKEL GROUP MARKEL GROUP MARKEL GROUP GROUP MARKEL GROUP MARKEL GROUP "Invert. Always invert." What gets in the way of a business being a compounder? It lacks quality It lacks diversity It lacks financial strength It has friction It has no place to reinvest Quality: We seek to be a market leader in each of our purs ...
Markel Group announces redemption of Series A Preferred Shares
Prnewswire· 2025-05-07 20:30
RICHMOND, Va., May 7, 2025 /PRNewswire/ -- Markel Group Inc. (NYSE: MKL) will redeem for cash all of its outstanding Series A 6.000% Fixed-Rate Reset Non-Cumulative Preferred Shares, no par value (the Series A Preferred Shares), effective June 1, 2025 (the Redemption Date) at a price of $1,000 per share, which is equal to the per-share liquidation preference of the Series A Preferred Shares. Since the Redemption Date is not a business day, the redemption will be processed on June 2, 2025. There are currentl ...
Markel launches Clinical Trials products to support clinical trials research, globally
Prnewswire· 2025-05-07 09:00
Core Insights - Markel Insurance has launched a Clinical Trials insurance product to support clinical trials research and product development globally [1][5] - The new offering provides comprehensive coverage for sponsors, researchers, and participants across all phases of clinical research, tailored to meet regulatory requirements in over 100 territories [1][2] Group 1: Product Features - The Clinical Trials insurance product ensures timely issuance of quotations and policy documents through an automated platform, facilitating compliance with regulatory deadlines [2] - Markel's solution is designed to prevent delays in the clinical research process, which can lead to significant costs and reputational damage [3][4] Group 2: Industry Commitment - Markel aims to support innovation in the life sciences sector by providing effective risk transfer solutions for future lifesaving treatments [5] - The company emphasizes a people-first approach, leveraging relationships with brokers and clients to differentiate itself in the specialty insurance market [5]
Markel's Valuation Remains Attractive, But Growth Outlook Tempers Enthusiasm (Rating Downgrades)
Seeking Alpha· 2025-05-04 15:10
We have previously covered Markel (NYSE: MKL ) in October last year, in an article titled " Markel Stock: High-Quality At A Discount. " We have argued that MKL trades at a significant discount to peers, as well asBuilding my low-risk passive income nest egg. Hate gambling and losing my hard-earned cash! Pursuing ~12% average annual returns while taking on the least amount of risk. Consistency over volatility. 10+ years of professional equity research experience covering growing cash-generative companies ope ...
Markel Group (MKL) Update / Briefing Transcript
2025-05-04 15:00
Markel Group (MKL) Update / Briefing May 04, 2025 11:00 AM ET Speaker0 Kaboom! Yes. And I hope and pray that's the only kaboom we've got going on today. Good morning, and welcome to the Markel twenty twenty five Markel Omaha Brunch. Now I know that all of you are here probably for another reason before you come to the Markel branch. And I get that, and I understand it. And I just before we get started with the program, and I welcome those on webcast as well, I think it's appropriate to take a moment to reco ...
Markel Group Q1 Earnings Top Estimates on Solid Reinsurance Unit
ZACKS· 2025-05-01 15:50
Markel Group Inc. (MKL) reported first-quarter 2025 net operating earnings per share of $25.72, which beat the Zacks Consensus Estimate by 36.1%. The bottom line increased 41.5% year over year.Markel Group witnessed solid performance at the Reinsurance segment, improved net investment income and lower expenses, offset by decreased premiums. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)Quarterly Operational Update of MKL Total operating revenues of $3.5 billion matched the Zacks ...
Markel (MKL) - 2025 Q1 - Earnings Call Transcript
2025-05-01 13:30
Markel Group (MKL) Q1 2025 Earnings Call May 01, 2025 09:30 AM ET Company Participants Thomas Gayner - CEOBrian Costanzo - CFO & Chief Financial Officer of Markel Insurance OperationsSimon Wilson - CEO - Markel InsuranceAndrew Kligerman - Managing DirectorMichael Heaton - EVP & COOAndrew Andersen - Equity Research Vice President Conference Call Participants Mark Hughes - AnalystCharles Gold - Analyst Operator During the call today, we may make forward looking statements within the meaning of the Private Sec ...
Markel (MKL) - 2025 Q1 - Earnings Call Transcript
2025-05-01 13:30
Markel Group (MKL) Q1 2025 Earnings Call May 01, 2025 09:30 AM ET Speaker0 During the call today, we may make forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. They are based on current assumptions and opinions concerning a variety of known and unknown risks. Actual results may differ materially from those contained in or suggested by such forward looking statements. Additional information about factors that could cause actual results to differ materially ...
Markel Group (MKL) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-05-01 01:31
Markel Group (MKL) reported $3.55 billion in revenue for the quarter ended March 2025, representing a year-over-year decline of 0.5%. EPS of $25.72 for the same period compares to $18.17 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.55 billion, representing a surprise of -0.01%. The company delivered an EPS surprise of +36.16%, with the consensus EPS estimate being $18.89.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...