Markel Corp (NYSE:MKL)

Financial

Markel Corporation is a publicly listed financial holding firm headquartered in Virginia, the United States.

The firm was founded in 1930 by Samuel A Markel. Later in the 1930s, the business was joined by his four sons namely Lewis, Stanley, Milton and Irvin.

In 2015, the financial holding company acquired Bermuda-based CATCo that deals in investment management business as well as various market ventures.

Markel Corporation underwrites and markets specialty insurance programs and products to a wide variety of niche market.

It also underwrites diverse insurances in the field of aviation, casualty, diverse property, marine and reinsurance business across the globe.

Markel Corporation’s stocks are traded on the New York Stock Exchange under the symbol of ‘MKL’.

The financial holding company focuses on achieving sustainable results along with serving niche market.

It operates in three business segments:
• Insurance
• Investment
• Markel Venture

They offer various other solutions such as risk solution services and US claims vendor services.

The Markel Venture segment of the company operates and owns a family of companies that provides employment opportunities to thousands of people across sections like financial services, business services, manufacturing, consumer, and health care sectors.

The Markel Venture group of companies are namely Brahim, CapTech, Costa Farms, Cottrell, Eagle, Havco, Ellicott Dredges, Lansing Building Products, Markel Food Group, Panel Specialty, ParkLand Ventures, and Partner MD.

The insurance provides protection against various risks and the company has come up with providing services like fronting, reinsurance, and insurance linked securities.

It offers various tools to address the risk management needs of the clients.

The tools are namely Nephila and Lodgepine Capital Management.

The Nephila is an educated investment manager that focuses on the weather-related risk and reinsurance, and offer a wide range of investment products like insurance linked securities (ILS), insurance swaps, catastrophe bonds and private transaction.

Whereas the Lodgepine Capital Management is engaged in providing ILS capabilities.

Contact Information

company address 4521 Highwoods Parkway Glen Allen,VA 23060

company phone1 800 446 6671

company email[email protected]

company websitewww.markel.com

Similar Companies

Load More