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Markel Corporation, also called Markel, is a financial holding company, which engages in underwriting specialty insurance products for a variety of niche markets. It operates through the following segments: U.S. Read More Insurance, International Insurance, and Reinsurance. The U.S. Insurance segment includes all direct business, and facultative placements written by its subsidiaries domiciled in the United States. The International Insurance segment refers to all direct business and facultative placements written by its subsidiaries domiciled outside of the U.S. The Reinsurance segment is comprised of all treaty reinsurance written across the company. Markel was founded by Samuel A. Markel in 1930 and is headquartered in Glen Allen, VA.
Glen Allen, Virginia
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Markel Annual Meeting Transcript
Tom Gayner's Opening Remarks Tom Gayner: Thank you, Richie. Good afternoon. Please allow me to add my welcome to our 2019 annual meeting. Thank you for being here to celebrate another year of successful operations for your company. I've gotten just a few things to say today then you all will have the floor to ask questions of us. We'll do our best to answer them and cover whatever you'd like to talk about as part of the official business of this meeting. Then we'll follow Q & A with some drinks and some ho...
Yahoo FinanceMay 16
AM Best Assigns Issue Credit Rating to Markel Corporation’s New Senior Unsecured Notes
OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best has assigned the Long-Term Issue Credit Rating of “bbb+” to the $600 million 5.0% 30-year senior unsecured notes due May 2049 issued by Markel Corporation(Markel) (Glen Allen, VA) [NYSE: MKL]. The outlook assigned to this Credit Rating (rating) is stable. The existing ratings of Markel and its subsidiaries are unchanged. AM Best expects Markel to use the proceeds from this offering to retire upcoming debt obligations due in 2019, in addition to general corporate pu...
Yahoo FinanceMay 15
Markel’s Annual Meeting Is a Testament to Long Term Investing
On Monday May 13th, about 1,500 people gathered in the Altria theater in Richmond Virginia. The annual gathering, of mostly Markel (NYSE: MKL) employees, is a great example of transparency, humility, and long-term thinking. Markel is a get-rich-slow type of investment, which embodies just about all the characteristics of a permanent hold that you could ask for. Here are the highlights from this year's annual meeting. New CFO Jeremy Noble went over some quick metrics. Yes, book value per share increased fr...
Expected Jul 30, After Hours