Specialty insurer also planning to migrate Guidewire BillingCenter to the cloud; selects Guidewire ClaimCenter for its International Wholesale operation RICHMOND, Va. and SAN MATEO, Calif., Feb. 4, 2025 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), and Guidewire (NYSE: GWRE) announced that Markel successfully migrated Guidewire ClaimCenter from an on-premise environment to Guidewire Cloud to power and simplify its claims and IT operations. The company implemented Cla ...

RICHMOND, Va., Feb. 3, 2025 /PRNewswire/ -- In an effort to better serve its clients, Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), announced today that it will streamline its US professional liability products into four separate pillars effective immediately. These pillars will consist of management liability, errors and omissions (E&O), cyber, and financial institutions.As part of this realignment, Markel will move its access point for Public Directors & Officers (D&O) and large f ...

I consider Markel (NYSE: MKL ) a 'buy' at a share price of $1,810, with an expected 11.1% compound annual growth rate through 2028. Given its strong and stable insurance engine, Thomas Gayner's (CEO of Markel) passion for capital allocation and investing, and the promising Markel Ventures engine, IHello, I am an 25 year old passionate investor from The Netherlands. I am here to share my passion for investing and writing articles with you. My investment universe is framed around high-quality companies with a ...

Core Viewpoint - The market anticipates a year-over-year decline in earnings for Markel Group (MKL) despite an increase in revenues when it reports its results for the quarter ended December 2024 [1] Earnings Expectations - The consensus estimate for quarterly earnings is $19.54 per share, reflecting a significant year-over-year decrease of 65.4% [3] - Expected revenues are projected at $3.76 billion, which is an increase of 1.4% compared to the same quarter last year [3] Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating that analysts have not reassessed their initial estimates during this period [4] - The Most Accurate Estimate for Markel Group is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -10.30%, suggesting a bearish outlook from analysts [10] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict the deviation of actual earnings from the consensus estimate, with positive readings being more reliable [7] - A positive Earnings ESP combined with a Zacks Rank of 1, 2, or 3 has shown a nearly 70% success rate in predicting earnings beats [8] Historical Performance - In the last reported quarter, Markel Group was expected to post earnings of $21.97 per share but only achieved $17.34, resulting in a surprise of -21.07% [12] - Over the past four quarters, the company has beaten consensus EPS estimates two times [13] Conclusion - Markel Group does not currently appear to be a strong candidate for an earnings beat, and investors should consider other factors when making decisions regarding this stock ahead of its earnings release [16]

MELBOURNE, Australia, Jan. 16, 2025 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), has announced the appointment of Scott Jordan as Claims Manager, Casualty – Australia.Scott joins Markel after more than 12 years at Chubb, where he was most recently Team Leader of Casualty Claims. He has more than 20 years of experience in the insurance claims industry in the UK and Australia, where he has managed claims across all lines of business at companies including RBS Insuranc ...

SINGAPORE, Jan. 15, 2025 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), today announced that Wanshi Lin has been appointed as the Head of Singapore, effective immediately.In this newly created position, Lin will oversee the company's underwriting team in Singapore and spearhead business planning and market engagement on the company's Lloyd's Singapore platform. The establishment of a new leadership role in Singapore is demonstrative of Markel's ongoing commitment to e ...

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 ...