Markel Group Inc. (MKL) remains well-poised to gain from the new business volume, solid retention levels, improving rate environment, strategic acquisitions, as well as effective capital deployment. Higher return on capital, favorable growth estimates and the affordability of the stock are other positives.With a market capitalization of $21.94 billion, the average volume of shares traded in the last three months was 0.04 million.Earnings of Markel Group grew 46.2% in the last five years, better than the ind ...

LONDON, Jan. 8, 2025 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE:MKL), today announced that Grant Smith is to head up its Transport and Logistics team, with immediate effect.In his expanded role, Smith will be responsible for defining the underwriting strategy for the Transport and Logistics team, centered on driving sustainable, profitable growth. Smith will also be tasked with expanding market share, driving product development and further establishing Markel as a marke ...

Executive Appointment - Jack Taylor has been appointed as Executive, Distribution Strategies and Business Development, Asia Pacific, based in Singapore [1][2] - The newly created role is part of Markel's strategy to enhance broker engagement in the Asia Pacific region [2] Responsibilities and Strategy - Taylor will lead broker engagement across the Asia Pacific region, working with territory leaders, underwriters, and international teams [2][3] - He will focus on highlighting Markel's specialty value proposition and developing underwriting solutions in the region [3] Industry and Company Background - Markel is a leading global specialty insurer with operations including Markel Specialty, Markel International, Markel Global Reinsurance, State National, and Nephila [5] - The company emphasizes a people-first approach and values deep relationships with colleagues, brokers, and clients [5] Leadership Perspective - Dan Martin, Managing Director of Distribution Strategy and Business Development, highlights Taylor's extensive experience in specialty insurance and broker engagement as a key asset for growth in the region [4] - Christian Stobbs, Asia Pacific Managing Director, notes Taylor's impressive profile in the Singapore market and expects him to strengthen broker partnerships across the region [4] Professional Background - Taylor joins Markel from Zurich Insurance, where he held roles in relationship and business development, as well as senior underwriting, in both London and Singapore [4]

LONDON, Nov. 21, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), today announced the appointment of David Pressman as Senior Underwriter – Marine Cargo, with immediate effect. David Pressman, Senior Underwriter, Marine Cargo at Markel Pressman will support the profitable expansion of Markel's Marine Cargo portfolio in London, by servicing new and renewal business as well as fostering strong relationships with broker partners, ensuring high service levels are ...

Markel Group Inc. (MKL) shares have gained 16.5% in the year-to-date period against the industry’s decline of 7%. With a market capitalization of $21.29 billion, the average volume of shares traded in the last three months was 0.03 million.MKL Outperforms Industry YTDImage Source: Zacks Investment ResearchEarnings of Markel Group grew 46.2% in the last five years, better than the industry average of 14.7%. MKL has a solid surprise history. It surpassed earnings estimates in two of the last four quarters whi ...

GLEN ALLEN, Va., Nov. 5, 2024 /PRNewswire/ -- RDSolutions, formerly known as RetailData, today announced the launch of its rebrand, reflecting the company's commitment to helping manufacturers and retailers achieve brand excellence by optimizing all customer touch points across the shopper journey. The rebrand, which includes a refreshed visual identity and a new website, highlights RDSolutions' extensive capabilities in optimizing customer experiences and streamlining retail operations."Our rebrand is more ...

Markel Group Inc. (NYSE:MKL) Q3 2024 Earnings Conference Call October 31, 2024 9:30 AM ET Company Participants Tom Gayner - Chief Executive Officer Brian Costanzo - Chief Financial Officer Jeremy Noble - President, Insurance Operations Conference Call Participants Andrew Anderson - Jefferies Andrew Kligerman - TD Cowen Mark Hughes - Truist Scott Heleniak - RBC Operator Good morning, and welcome to the Markel Group Third Quarter 2024 Conference Call. [Operator Instructions] During the call today, we may make ...

Markel Group Inc. (MKL) reported third-quarter 2024 net operating earnings per share of $17.34, which missed the Zacks Consensus Estimate by 21%. However, the bottom line increased 4.7% year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Markel’s third-quarter results reflected improved net investment income, reduced operating expenses and more favorable development on prior accident years loss reserves, offset by lower earned premiums.Quarterly Operational Update   Total ...

For the quarter ended September 2024, Markel Group (MKL) reported revenue of $3.69 billion, up 1.5% over the same period last year. EPS came in at $17.34, compared to $16.56 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $3.74 billion, representing a surprise of -1.28%. The company delivered an EPS surprise of -21.07%, with the consensus EPS estimate being $21.97. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- an ...

Markel Group (MKL) came out with quarterly earnings of $17.34 per share, missing the Zacks Consensus Estimate of $21.97 per share. This compares to earnings of $16.56 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -21.07%. A quarter ago, it was expected that this insurer would post earnings of $20.76 per share when it actually produced earnings of $25.95, delivering a surprise of 25%. Over the last four quarters, the company ...