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Markel Group's Q2: Nearly A Century Of Growth Facing Modern Headwinds
MKLMarkel (MKL) Seeking Alpha·2024-08-22 15:26

15 11 Morsa Images Thesis Markel Group Inc. (NYSE:MKL), founded in 1930 by Samuel A. Markel, began insuring jitney buses and eventually grew into a diversified holding company, currently headquartered in Glen Allen, Virginia. They went public in 1986 and soon branched out of insurance under what would come to be known as Markel Ventures —an expanding "family" of companies from luxury handbags (Brahmin) to heavy lift cranes (Buckner). Overall, Markel Group runs on three main financial engines: insurance, i ...