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 ...

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 ...

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 ...

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 ...