Workflow
Markel (MKL)
icon
Search documents
Markel (MKL) - 2024 Q1 - Quarterly Report
2024-05-01 20:31
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________ FORM 10-Q ______________________________________________________________________________________ ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended March 31, 2024 or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from _______ to _______ C ...
Markel Group (MKL) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Zacks Investment Research· 2024-04-22 14:22
Wall Street analysts expect Markel Group (MKL) to post quarterly earnings of $18.50 per share in its upcoming report, which indicates a year-over-year increase of 6.6%. Revenues are expected to be $3.62 billion, up 10.7% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 1.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to ...
Markel promotes Chloe Gordge to Head of Terrorism in London
Prnewswire· 2024-04-18 09:30
LONDON, April 18, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL) has promoted Chloe Gordge to Head of Terrorism in London, effectively immediately. This decision underlines Markel's commitment to the terrorism market by investing in top-tier talent, as the business positions itself for further profitable growth across its portfolios in Asia, London, and the United States (US). Gordge joined the organisation as an Underwriting Assistant more than 11 years ago, duri ...
Compelling Reasons to Retain Markel Group (MKL) Stock Now
Zacks Investment Research· 2024-04-01 11:36
Markel Group Inc. (MKL) has been gaining momentum 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 ProjectionsThe Zacks Consensus Estimate for Markel Group’s 2025 earnings per share indicates a year-over-year increase of 21.1% from the consensus estimate of 2024. The consensus estimate for revenues is pegged at $15.92 billion, implying a year-over-year improvement of ...
Alan Kirshner, former Chairman and CEO of Markel Group, passes away
Prnewswire· 2024-03-19 12:00
RICHMOND, Va., March 19, 2024 /PRNewswire/ -- Alan Kirshner, 88, former Chairman of the Board and Chief Executive Officer (CEO) of Markel Group Inc. (NYSE: MKL), passed away on March 17, 2024. Kirshner joined Markel in 1960 and played a substantial role in transforming the company from a privately held regional insurer to a family of businesses with global reach. He joined the Board of Directors in 1978 and became Chairman and CEO in 1986, the same year Markel became a public company. Kirshner served as CEO ...
Markel promotes David Roos to Senior Director, Property and Marine for Markel Specialty's Wholesale Southeast region
Prnewswire· 2024-03-15 18:11
RICHMOND, Va. , March 15, 2024 /PRNewswire/ -- Markel, the insurance operations within the Markel Group Inc. (NYSE: MKL), announced today that David Roos has been named Senior Director, Property and Marine for Markel Specialty's Wholesale Southeast region. In his new role, Roos will lead Markel Specialty's Southeast Wholesale property and marine teams to continue to generate profitable growth by delivering risk management solutions and services to our trading partners in the Southeast region. David Roos ...
Markel appoints Oliver Atkin to Head of Bloodstock for London Markets
Prnewswire· 2024-03-14 10:30
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 ...
Markel: Buybacks Are A Good Sign
Seeking Alpha· 2024-03-05 18:17
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 ...
Here's Why Hold Strategy is Apt for Markel Group (MKL) Now
Zacks Investment Research· 2024-02-29 14:01
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 ...
Mike Heaton named Chief Operating Officer of Markel Group
Prnewswire· 2024-02-26 12:45
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 ...