Markel (MKL)

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What Makes Markel Group (MKL) a New Strong Buy Stock
ZACKS· 2024-10-16 17:05
Markel Group (MKL) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Indiv ...
VOOM Launches Electric Bike Insurance
Prnewswire· 2024-10-14 13:00
With this new offering, that expands VOOM's innovative motorcycle insurance offering, e-bike and other bicycle owners will pay get a flexible and comprehensive insurance coverage PALO ALTO, Calif., Oct. 14, 2024 /PRNewswire/ -- VOOM Insurance, the leading InsurTech company for the future of mobility, announced today that it has launched its insurance offering for Electric Bikes. The product is underwritten by Markel Group. This new product builds on VOOM's successful track record in usage-based insurance fo ...
Markel Stock: High-Quality At A Discount
Seeking Alpha· 2024-10-14 08:20
Markel (NYSE: MKL ) is an insurance company that much like Berkshire Hathaway ( BRK.B ) retains most earnings to invest in stocks and acquire enterprises outright. Investment income is the primary source of the company's earnings. Long-Term Focussed In-Depth Fundamental Analysis.Former Associate at a $10 billion hedge fund, with 15 years of professional experience in equity markets. Holds a First-Class Honours degree in Financial Economics from the University of London and is a CFA Level III candidate.An av ...
Markel further enhances its cyber underwriting capabilities and expertise with senior underwriter hire
Prnewswire· 2024-10-09 08:00
LONDON, Oct. 9, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE:MKL), today announced Jack Eastwood as Senior Underwriter, Cyber, with immediate effect. His arrival underpins Markel's commitment to investing in top-tier talent to continue enhancing its product and service offerings and underwriting expertise for broker partners. Jack Eastwood, Senior Underwriter, Cyber at MarkelJack Eastwood, Senior Underwriter, Cyber at Markel Eastwood takes up his position as a senior ...
Markel Group announces date and location for 2025 Reunion
Prnewswire· 2024-10-03 20:30
RICHMOND, Va., Oct. 3, 2024 /PRNewswire/ -- Markel Group Inc. (NYSE: MKL) announced today that it will hold its 2025 Reunion at the University of Richmond Robins Center in Richmond, Virginia on May 20 and May 21, 2025. The business component of the Reunion, The Meeting (formerly known as the Annual Shareholders' Meeting), will take place on Wednesday, May 21, 2025, at 2:00 p.m. ET. At The Meeting, Markel Group will celebrate its associates, share insights and answer your questions about the business. The Re ...
Markel further expands International Casualty team with three key appointments
Prnewswire· 2024-10-02 09:00
LONDON, Oct. 2, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), today announced a trio of key appointments as part of a strategic move to diversify the business's International Casualty portfolio and strengthen its award-winning Wholesale Claims service for broker partners. Lauren Percival, Executive Underwriter - General Liability, MarkelLauren Percival, Executive Underwriter - General Liability, Markel Olivia Hogan, Senior Underwriter, MarkelOlivia Hogan, Senior ...
Markel: Remains A Long Term Buy
Seeking Alpha· 2024-09-25 12:43
Markel (NYSE: MKL ) has a 30+ year public history demonstrating its consistent and steady approach, strong value accretive capital allocation and the Markel culture. These attributes have led to strong fundamental performance over time, resulting in the share price compounding at Associated with: The Merchant House Investor Self-taught Long term value investor looking to buy Great growing businesses at a reasonable price. Warning: The articles are for informational purposes only and should not be considered ...
Markel appoints April Tam as Senior Underwriter, PFR & Cyber and Head of Financial Institutions, Asia
Prnewswire· 2024-09-19 01:00
Core Insights - Markel Group Inc. has appointed April Tam as Senior Underwriter for Professional Financial Risk (PFR) and Head of Financial Institutions in Asia, aiming to enhance its leadership in the PFR sector [1][2][4] - Tam's role will focus on driving profitable growth in Markel's PFR book while ensuring scalability and diversification, alongside building strong relationships with brokers, clients, and partners [2][3] Company Overview - Markel is a leading global specialty insurer with a people-first approach, operating various divisions including Markel Specialty, Markel International, and Markel Global Reinsurance [4] - The company emphasizes the importance of relationships with colleagues, brokers, and clients as a key differentiator in the market [4] Background of April Tam - April Tam has over 12 years of experience in Financial Lines underwriting, previously serving as Financial Institutions Practice Leader at Allianz Commercial and gaining expertise at Zurich Insurance Group [3] - Based in Hong Kong, she will report to Kevin Leung, Chief Underwriting Officer for Asia Pacific [3] Strategic Importance - Kevin Leung expressed confidence that Tam's extensive experience and networks will significantly contribute to Markel's strategic objectives and strengthen its position in the Asian market [4]
Markel Group Stock Rises 11% YTD: More Room for Growth?
ZACKS· 2024-09-17 16:20
Markel Group Inc. (MKL) shares have gained 11% in the year-to-date period against the industry's decline of 8.8%. Currently priced at $1,574.83, the stock is below its 52-week high of $1,670.24. This proximity underscores investor confidence and market optimism about this insurance company's prospects. MKL Outperforms Industry Image Source: Zacks Investment Research Earnings of Markel Group grew 46.2% in the last five years, better than the industry average of 14.4%. MKL has a solid surprise history. It sur ...
Markel launches FintechRisk+ to offer enhanced cyber coverage and support services for fintechs
Prnewswire· 2024-09-10 09:30
Core Insights - Markel has launched the FintechRisk+ insurance policy aimed at providing comprehensive coverage for fintech companies in a complex market [1][2] - The policy includes financial services and technology liability, D&O liability, theft, and cyber protection with coverage limits up to USD $20 million [2] - Enhanced business interruption coverage and new cyber extensions such as betterment, crypto jacking, reward coverage, and telecom fraud are included in the policy [2] Company Offerings - UK policyholders will have unlimited access to Markel's Tax and Legal advisory services, including a 24/7 help line, debt recovery support, and contract reviews [3] - Insureds can also access online cyber training and a cyber risk management toolkit through Markel's eRisk Hub [3] Market Context - The Head of Fintech and Investment Management Insurance at Markel highlighted the rapid evolution of risks in the cyber and fintech markets, particularly the significant threat posed by ransomware [4] - Markel emphasizes the importance of being a trusted risk management partner, not just an insurance provider, to help businesses identify and mitigate risks effectively [4] Company Background - Markel is a leading global specialty insurer with a focus on a people-first approach, operating various divisions including Markel Specialty, Markel International, and Markel Global Reinsurance [5] - The company aims to create intelligent solutions for complex risk management needs, leveraging deep relationships with colleagues, brokers, and clients [5]