Markel (MKL)
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Markel Group reports 2024 third quarter and nine-months results
Prnewswire· 2024-10-30 20:39
RICHMOND, Va., Oct. 30, 2024 /PRNewswire/ -- Markel Group Inc. (NYSE: MKL) today reported its financial results for the third quarter of 2024. The Company also announced today it filed its Form 10-Q for the quarter ended September 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. "We've consistently emphasized the value of our family of ...
Stay Ahead of the Game With Markel Group (MKL) Q3 Earnings: Wall Street's Insights on Key Metrics
ZACKS· 2024-10-29 14:21
The upcoming report from Markel Group (MKL) is expected to reveal quarterly earnings of $21.97 per share, indicating an increase of 32.7% compared to the year-ago period. Analysts forecast revenues of $3.74 billion, representing an increase of 2.8% year over year.The consensus EPS estimate for the quarter has been revised 2.1% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before ...
Markel appoints Jim Hinchley as Chief Retail Officer
Prnewswire· 2024-10-21 20:30
RICHMOND, Va., Oct. 21, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), announced today that Jim Hinchley has been named Chief Retail Officer for Markel's Specialty division. In this role, he will be responsible for leading Markel's overall retail strategy, driving profitable growth in existing business, and addressing new areas for expanded growth within the retail channel.Jim Hinchley, Chief Retail Officer"We are excited to welcome Jim to Markel to oversee the s ...
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
Core Insights - VOOM Insurance has launched a new insurance product specifically for Electric Bikes, expanding its innovative motorcycle insurance offerings [1][2] - The new e-bike insurance provides flexible and comprehensive coverage, including liability protection, physical damage coverage, medical payments, and theft protection [2][3] Company Overview - VOOM is recognized as a leading InsurTech company focused on the future of mobility, with a mission to provide top-tier insurance products [3][4] - The company has issued over 100,000 policies to date, showcasing its expertise in various mobility segments, including e-bikes, motorcycles, and rideshare insurance [4] Market Trends - The cycling community in the U.S. has seen significant growth, with 54.7 million Americans riding bicycles in 2022, up from 51.4 million in 2021 [3] - E-bike sales have surged, with 1.1 million units sold in 2022, nearly quadrupling sales from 2019, indicating a strong demand for e-bikes as a sustainable transportation option [3]
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 ...