Markel's Valuation Remains Attractive, But Growth Outlook Tempers Enthusiasm (Rating Downgrades)

Group 1 - Markel (NYSE: MKL) was previously analyzed in October, highlighting its significant discount compared to peers [1] - The focus of the analysis is on building a low-risk passive income with an average annual return target of approximately 12% [1] - The investment strategy emphasizes consistency over volatility, with a risk-averse approach to equity research [1] Group 2 - The analyst has a beneficial long position in MKL shares through various financial instruments [1] - The article reflects the analyst's personal opinions and is not influenced by external compensation [1]