11 Followers USX:MKL - Markel Group Inc Markel Corporation
Sector: Financials, Industry: Property & Casualty Insurance
Next Earnings: 24 Apr 2024
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USD 1,521.48    -5.87 (-0.38%)

28 Mar 2024


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General

CEO: Mr. Thomas Sinnickson Gayner

IPO: 1986-12-12

Headquarters: US

Employees: 20,900

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Description

Markel's primary business is property and casualty insurance, and the company focuses primarily on specialty lines, ranging from areas such as executive liability to commercial equine insurance. The acquisition of Alterra in 2013 added substantial reinsurance operations, which now account for a little less than 15% of premiums. The company uses capital generated by its insurance operations to buy noninsurance operations in diverse areas, such as bakery equipment manufacturing and residential homebuilding.

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