1,951.26
+0.63%
Close of 9 Nov 2026, in USD
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About Markel Group
From its filings with the US Securities and Exchange Commission
Markel Group is based in Glen Allen, Virginia and is incorporated in Virginia. Its shares trade on NYSE under the ticker MKL. The SEC classifies its business as fire, marine & casualty insurance. In the fiscal year to 31 December 2025, it reported revenue of $15.51bn and net income of $2.11bn. At that date it held total assets of $68.91bn and shareholders' equity of $18.60bn.
Markel Group is a holding company that owns independently operated businesses across a range of industries. The cornerstone business, Markel Insurance, provides specialized insurance products that are not typically available through the standard insurance market. This insurance business sits at the center of the Company's strategy. It generates and holds capital used to support growth and investment across Markel Group. The other majority-owned businesses operate in diverse end markets, from industrial bakery equipment to ornamental plants to precast concrete. Markel Group also owns shares in publicly traded companies, primarily within its insurance operations.
Markel Group supports each business by empowering leaders to make the best long-term decisions for their businesses. Customers, associates, and shareholders each benefit from this approach, given how it allows businesses to pursue opportunities that require time, stability, and trust. We believe this approach is difficult to replicate and makes Markel Group a distinctive home for businesses.
An example of Markel Group's long-term mindset is the approach to reserving within the insurance operations. Customers rely on Markel Insurance to honor promises that may extend many years into the future. Through its long-standing practice of establishing reserves that are more likely to be redundant than deficient and investing the capital held to pay those reserves in high-quality investments, Markel Insurance ensures it can fulfill its commitments and uphold the trust placed in it by policyholders.
Quoted from its 10-K, filed 26 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Financials
- Industry
- Insurance
- Listed since
- 12 Dec 1986
- Employees
- 22,900
- Website
- markel.com ↗
- Head office
- 4521 HIGHWOODS PARKWAY, GLEN ALLEN, VA, 23060-6148
- Incorporated in
- VA
- Classification
- Fire, Marine & Casualty Insurance
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Steven MarkelChairman of the Board, since 1978$1.2m
- Mr. Thomas GaynerChief Executive Officer, Director, since 1998$9.7m
- Mr. Brian CostanzoChief Financial Officer$1.7m
- Mr. Andrew CrowleyExecutive Vice President, President - Markel Ventures
- Mr. Simon WilsonExecutive Vice President, Chief Executive Officer - Markel Insurance
- Mr. Richard GrinnanSenior Vice President, Chief Legal Officer, Secretary$2.4m
- Ms. Amy McCannChief Administrative Officer
- Mr. Michael O'ReillyLead Independent Director$335,362
- Mr. Mark BescaIndependent Director$300,848
- Mr. Lawrence CunninghamIndependent Director$301,044
- Ms. Greta HarrisIndependent Director$289,806
- Mr. Morgan HouselIndependent Director$302,028
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 33
- Environment
- 2
- Social
- 42
- Governance
- 56
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Markel Corp possesses several key strengths that contribute to its success:
- Despite its strengths, Markel Corp faces certain weaknesses:
- Markel Corp can leverage the following opportunities for growth:
- Markel Corp faces the following threats that could impact its performance:
Weaknesses
- Despite its strengths, Markel Corp faces certain weaknesses:
- Markel Corp can leverage the following opportunities for growth:
- Markel Corp faces the following threats that could impact its performance:
Opportunities
- Markel Corp can leverage the following opportunities for growth:
- Markel Corp faces the following threats that could impact its performance:
Threats
- Markel Corp faces the following threats that could impact its performance:
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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