LONDON, March 14, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), has appointed Oliver Atkin to Head of Bloodstock in London, effective immediately. This investment decision in leadership underlines the organisation's long-term commitment to the equine and livestock market, through top-tier underwriting talent and creating bespoke insurance solutions for clients. Oliver Atkin, Head of Bloodstock in London, Markel Atkin will lead the Bloodstock team in London b ...

Andrii Dodonov Introduction Per Markel Group Inc.'s (NYSE:MKL) 2019 annual report, their first engine is insurance, the second is Markel Ventures, and the third is investments. The insurance engine struggled in 2023. Markel's consolidated combined ratio increased from 92% in 2022 to 98% in 2023 and consolidated underwriting profits dropped from $627 million in 2022 to $133 million in 2023. Nonetheless, the insurance engine from 2023 isn't the whole picture. The Markel Ventures engine and the investment engi ...

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 prudent capital deployment.Growth ProjectionsThe Zacks Consensus Estimate for MKL’s 2025 earnings is pegged at $99.55 per share, indicating a 20% increase from the year-ago reported figure on 5.5% higher revenues of $15.97 billion.Zacks Rank & Price PerformanceMarkel Group currently carries a Za ...

RICHMOND, Va., Feb. 26, 2024 /PRNewswire/ -- Markel Group Inc. (NYSE: MKL) announced that Mike Heaton will become Executive Vice President and Chief Operating Officer effective today. In this expanded role, he will oversee the day-to-day operations of the holding company and continue developing the system that supports Markel Group's family of companies. Heaton has a substantial track record supporting the businesses in Markel Group. Most recently, he was Executive Vice President, where he led the transform ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2023 Commission File Number 001-15811 MARKEL GROUP INC. (Exact name of registrant as specified in its charter) A Virginia Corporation IRS Employer Identification No. 54-1959284 4521 Highwoods Parkway, Glen Allen, Virginia 23060-6148 (Address of principal executive offices) (Zip code) Registrant's telephon ...

LONDON, Feb. 8, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL) has announced Katie Costello as Head of Hull and War in a move that will bolster the London underwriting leadership team, while positioning the Hull and War portfolio for further growth.As part of this strategic move, Paul Western has been promoted to Head of Hull Underwriting at Markel, where he will be responsible for driving hull strategy, as well as enhancing broker relationships and developing tal ...

There are small-cap funds, and there are mid-cap funds, and those invest in both. These are what you call SMID-Cap funds. Investors can find  SMID-Cap top stock picks from these funds for the long haul. One of the best available is the Eaton Vance Atlanta Capital SMID-Cap Fund (MUTF:EAASX), an actively managed fund that allows its small-cap stocks to stay in the fund when they become mid-caps and mid-cap stocks to stay in after they become large caps.  “This strategy evolved back in the early 2000s, when we ...

LONDON, Feb. 6, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL) has been awarded the coveted London Market 2024 Claims Service Quality Marque (SQM) by Gracechurch Consulting.The SQM is awarded annually to insurer claims teams that have been given an outstanding service quality rating in Gracechurch Consulting's London Market Claims Service Monitor. The survey measures more than 40 London Market insurers and is based on over 3,300 individual ratings provided by clai ...

Markel Group Inc. (MKL) reported fourth-quarter 2023 net operating earnings per share of $56.48, which beat the Zacks Consensus Estimate by 139.5%.  The bottom line more than doubled year over year.Markel witnessed improved earned premiums and increased net investment income.Quarterly Operational Update    Total operating revenues of $3.7 billion missed the Zacks Consensus Estimate by 1.1%. The top line rose 2.7% year over year.Net investment income increased 46.9% year over year to $213 million in the four ...

Markel Group (MKL) reported $3.71 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 2.7%. EPS of $56.48 for the same period compares to $26.15 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.75 billion, representing a surprise of -1.08%. The company delivered an EPS surprise of +139.53%, with the consensus EPS estimate being $23.58.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...