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Markel Group

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2583: 3204: 139: 73: 32: 436: 412: 388: 364: 340: 564: 501:. Sam Markel's four sons, Lewis, Irvin, Stanley, and Milton, joined the business in the 1930s, and Markel Service, Inc. was created. During this time, Markel was actively involved in efforts to develop safety and other standards aimed at legitimizing the growing bus and trucking industries. Markel also assisted in passing the National Motor Carrier Act of 1935. 544:. With a "permanent capital" investing approach, Markel Ventures acquired AMF Bakery Systems in 2005 and continued to acquire other varied and scalable businesses. With the $ 3.1 billion acquisition of Alterra Capital Holdings Limited, Markel added two additional insurance divisions, Markel Global and Markel Reinsurance. 755:
On October 19, 2011, Markel Ventures, Inc. acquired a majority interest in WI Holdings, Inc. ("Weldship") which manufactures, leases and sells high pressure tube trailers, certified ISO containers and other gas and liquid containers to industrial gas manufacturers, independent distributors, specialty
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Headquartered in London, Markel International writes business across the UK, Europe, Canada, Latin America, and Asia Pacific. Their product portfolio includes equine and livestock, marine and energy, professional liability, and trade credit coverage. They also write "specialty" coverage on a primary
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On May 10, 2010, at the Markel Corp. Annual Meeting, it was reported there would be a new management structure approved by the Board. Alan I. Kirshner would remain chairman and chief executive officer while Anthony F. Markel and Steven A. Markel would still serve as vice chairman. Reporting to them
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Markel Specialty provides property and casualty solutions for standard and hard-to-place risks to commercial customers and individuals for the insuring of: camps; child care centers; horses and farms; medical transportation, motorcycle, boat, and ATV owners; museums and fine art collections; pest
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On July 14, 2011, Markel Corp. acquired PartnerMD, LLC, a company which provides concierge medicine, a type of membership health-care service in which patients pay an annual fee for enhanced care that includes disease-prevention, health-maintenance, and around-the-clock access to a physician.
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By the 1940s, Markel Service, Inc. earned a national following and developed a reputation for industry-leading claims adjusting and safety engineering. American Fidelity & Casualty, a sister company covering fleets of trucks and buses, also became the largest insurer of these risks in the
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Based in Bermuda, Markel CATCo managed retrocessional and traditional reinsurance portfolios on behalf of financial institutions, charities, pension funds, family offices, and investment funds. CATCo was placed into runoff in 2019 and has 10 or fewer open contracts as of
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This line of business makes permanent investments in businesses outside of the specialty insurance marketplace. The goal is to build profitable enterprises that will endure as part of the broader Markel Corporation. Markel Ventures companies include:
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On August 31, 2018, Markel Corp. acquired Nephila Capital Ltd, a leading investment manager which specializes in reinsurance. Nephila Capital Ltd focuses on insurance-linked securities, catastrophe bonds, insurance swaps, and weather derivatives.
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Based in Bermuda, Nephila Capital Ltd offers a broad range of investment products focusing on instruments such as insurance-linked securities, catastrophe bonds, insurance swaps, and weather derivatives. As of mid-20203 the firm manages $ 7.2
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In 1959, the national claims division of AF&C became National Claims Service, an independent adjuster that could be contracted by other insurance firms. The Safety Engineering Division also began offering services to other firms.
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State National Companies, Inc., provides property and casualty insurance services operating in two niche markets across the United States—Its Lender Services and Program Services segments--typically as a fronting
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On September 12, 2019, Markel announced their plans to acquire Caunce O'Hara & Company Limited, an Insurance Broker based in Manchester specialising in providing insurance to freelance and contract workers.
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On August 16, 2013, Markel Ventures, Inc. acquired Eagle Construction of VA, a recognized leader in designing active adult communities and in building energy efficient homes through its signature E3 program.
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On July 26, 2017, Markel Corp. announced their plans to acquire majority interest in Costa Farms and their related operating companies. Costa Farms is the largest producer of ornamental plants in the world.
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On December 2, 2009, Markel Ventures, Inc. acquired a majority interest in Ellicott Dredge Enterprises, LLC, a company which manufactures dredging equipment for both domestic and international markets.
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and reinsurance basis, including products for accident & health, casualty treaty reinsurance, contingency, property open market (including manufacturing risks), and property treaty reinsurance.
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Markel Assurance has underwriting teams located across the US, and in Bermuda, Dublin, and London. Products originate from three product lines—casualty, professional liability, and property/marine.
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In October 2009, Elliott Special Risks LP (ESR) was purchased by Markel International, a London-based specialty property and casualty insurer that runs the international operations of Markel Corp.
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On January 4, 2012, Markel Corp. completed the acquisition of Thompson Insurance Enterprises, a privately held program administrator underwriting multi-line, industry-focused insurance programs.
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On June 4, 2018, Markel Corp. announced their partnership with Rosemont Investment Partners LLC, a specialist investor focusing on making investments in asset and wealth management companies.
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On July 23, 2014, Markel Ventures, Inc. acquired majority interest in Cottrell, Inc., a global leader in the design, manufacture and delivery of over-the-road automobile transport equipment.
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On October 30, 2009, Markel Ventures, Inc. acquired Panel Specialists, LLC., a manufacturer of panels, wall systems, casework, furniture, and countertops and other stone-related products.
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In December 1990, Markel completed its acquisition of Shand. As part of the Shand acquisition, Markel Corp. also acquired American Underwriting Managers, an insurance underwriter in
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Artemis.bm - The Catastrophe Bond, Insurance Linked Securities & Investment, Reinsurance Capital, Alternative Risk Transfer and Weather Risk Management site
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Artemis.bm - The Catastrophe Bond, Insurance Linked Securities & Investment, Reinsurance Capital, Alternative Risk Transfer and Weather Risk Management site
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chemical companies and the United States Government for use in the domestic and international compressed gas, electronic gas and specialty chemical industries.
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On May 11, 2010, Markel Ventures, Inc. acquired Solbern, LLC, a manufacturer of food processing equipment for both the domestic and international markets.
720: 2347: 1604: 509:. In 1980, the company became an insurance carrier when Essex Insurance Company was incorporated and licensed to write excess and surplus lines business. 2642: 1037: 1028: 1018: 641:
took control of Markel Financial Holdings, a Canadian-based trucking insurance company. Near bankruptcy, Watsa determined it needed a capital injection.
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In 2015, Markel acquired Bermuda-based CATCo, a specialist investment management business; and Markel Ventures announced a majority interest in CapTech.
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On November 1, 2017, Markel Corp. acquired State National Companies, Inc., a leading specialty provider of property and casualty insurance services.
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On September 17, 2018, Markel Corp. announced their plans to acquire majority interest in Brahmin, a creator of fashion leather handbags.
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On May 1, 2017, Markel Corp. acquired SureTec Financial Corp., one of the largest privately owned surety companies in the US.
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in 1997. Markel gained access to specialty international markets in 2000, when Terra Nova Holdings, Ltd. was acquired and the
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The company later expanded beyond truck and bus companies, led by the third generation of Markels: Anthony, Steve, and Gary.
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system for camps, to help summer camps reduce risk and liability and to ensure the health and safety of kids while at camp.
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would be a three-member Office of the President. Thomas S. Gayner became president and chief investment officer, while
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Beginning in 1930, Markel established Markel Service, a separate company to handle direct and reinsurance of AF&C.
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Company founder Samuel A. Markel formed the Mutual Casualty Association and established the Mutual Casualty Company in
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In 1980, the company founded Essex Insurance Company in Delaware. Essex began as a property insurance company in
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Markel Global Reinsurance provides Casualty and Specialty Reinsurance products to the broker market.
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In 1951, the company expanded into Canada by founding Markel Service Canada, Ltd., headquartered in
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http://www.markelcorp.com/-/media/investor-relations/annual-reports/annual-report-2018.pdf#page=53
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In December 1987, Markel Corp. acquired half of Shand Morahan & Company, an underwriter in
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In March 2000, Markel Corp. completed the acquisition of Terra Nova (Bermuda) Holdings Ltd.
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In June 2012, Markel Direct expanded product range into charity and community group risks.
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In 2017, Markel merged their Global and Wholesale divisions and created Markel Assurance.
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In February 2012, Markel's Camp Insurance Program joined forces with CampDoc.com, an
494: 51: 2068: 3051: 2993: 1000: 794:, an integrated specialty insurance and consultancy group headquartered in London. 428: 2602: 1283: 3081: 2770: 730: 250: 2172:"Nephila AUM stable at $ 7.2bn. Markel's Nephila ILS revenues rise - Artemis.bm" 1716:"Markel completes acquisition of Bermudian insurer Alterra - Business Insurance" 1198:
Markel's internal money management firm is Markel-Gayner Asset Management Corp.
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at $ 8.33 per share, valuing the company at $ 15 million. Shares traded on the
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In 1987, Markel reorganized Markel Financial Holdings (Canada) and renamed it
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Journal, Deborah Lohse Staff Reporter of The Wall Street (17 August 1999).
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control operators; schools; social service agencies; and small businesses.
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In January 2000, Markel Corp. founded Markel Southwest Underwriters in
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offered at $ 8.33 per share. The company's trading was moved to the
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In 2023, Markel Corporation changed its name to Markel Group Inc.
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On May 1, 2013, Markel Corporation completed its acquisition of
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Times-Dispatch, JOHN REID BLACKWELL Richmond (17 August 2013).
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In July 2010, Markel Corp. acquired Aspen Holdings, Inc. of
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Times-Dispatch, CAROL HAZARD Richmond (19 November 2015).
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In June 2016, it was announced that Markel had joined the
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In the Spring of 1997, Markel Corp. trading moved to the
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may contain excessive or inappropriate references to
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In 1989, Markel Corp. acquired the Rhulen Agency of
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Markel International Insurance Company Limited U.K.
867:Insurance-linked securities and insurance services 723:became president and co-chief operating officers. 528:office opened. Branch offices later opened in the 512:In 1986, the Markel Corporation was listed on the 2296:"Markel Announces Diamond Healthcare Acquisition" 1949: 1947: 3237:Financial services companies established in 1930 3218: 1956:"Markel completes acquisition of State National" 1372: 1370: 3227:Companies listed on the New York Stock Exchange 1218: 1216: 1214: 1212: 1210: 2312: 1944: 1920: 1918: 1824: 1731:"Markel Ventures Acquires the Eagle Companies" 1477: 808:began serving Markel as co-CEOs.    644:In December 1986, Markel Corp. held its first 2636: 2315:"Markel Ventures acquires Eagle Construction" 2033: 2031: 1978: 1976: 1367: 2011:"Markel to acquire Nephila Holdings Limited" 1927:"Markel Announces Investment In Costa Farms" 1207: 1088: 1915: 925: 845: 659:, short for "fair, friendly acquisitions." 60:Learn how and when to remove these messages 19:"Markel" redirects here. For the name, see 3203: 2643: 2629: 2581: 2028: 1973: 1649:"Markel Announces Acquisition of Weldship" 1278: 1276: 1159:(Compagnie de Reassurance d'lle-de-France) 497:. The company headquarters later moved to 2236: 2196:"Markel to create new insurance division" 1621: 1565:"Markel Announces Acquisition of Solbern" 1274: 1272: 1270: 1268: 1266: 1264: 1262: 1260: 1258: 1256: 481:is a group of companies headquartered in 329:Thomas S. Gayner, Chief Executive Officer 197:Learn how and when to remove this message 179:Learn how and when to remove this message 121:Learn how and when to remove this message 3232:Insurance companies of the United States 2040:"Markel Announces Investment In Brahmin" 1426: 1424: 684:, and renamed Markel Insurance Company. 2367:"Markel Announces Acquisition of Havco" 2364: 2345: 2293: 2274: 2255: 2037: 2008: 1985:"Markel Announces Rosemont Partnership" 1982: 1953: 1924: 1895: 1798: 1646: 1562: 1376: 914: 790:In January 2014, Markel Corp. acquired 3219: 3132:General Insurance Corporation of India 2979:Varma Mutual Pension Insurance Company 2841:Western & Southern Financial Group 2588:Business data for Markel Corporation: 2088:: CS1 maint: archived copy as title ( 1397:"Markel Completes Alterra Acquisition" 1351: 1349: 1347: 1253: 82:contains content that is written like 2624: 2169: 2120: 1622:Blackwell, John Reid (14 July 2011). 1421: 1137:Investors Underwriting Managers, Inc. 159:by removing references to unreliable 2796:Ohio National Life Insurance Company 1502: 557: 163:where they are used inappropriately. 132: 66: 25: 3208:List of largest insurance companies 2781:Nationwide Mutual Insurance Company 2237:Morgenson, Gretchen (13 May 2007). 1344: 1194:Markel-Gayner Asset Management Corp 1168:Markel Syndicate Management Limited 1107:, with 76 offices in 18 countries: 1098: 904: 855: 444:Fiscal Year Ended December 31, 2021 420:Fiscal Year Ended December 31, 2021 396:Fiscal Year Ended December 31, 2021 372:Fiscal Year Ended December 31, 2021 348:Fiscal Year Ended December 31, 2021 13: 2442: 2239:"Managers and Investors, Well Met" 1602: 1478:MarketScreener (30 October 2009). 930: 772:In October 2012, Markel purchased 14: 3258: 3142:Instituto de Resseguros do Brasil 2568: 2463:"404. Page Not Found - Bloomberg" 2409:"404. Page Not Found - Bloomberg" 2104:"CATCo Investment Management Ltd" 1529:"404. Page Not Found - Bloomberg" 1132:Markel American Insurance Company 893: 41:This article has multiple issues. 3202: 1702:"Markel Buys Essentia Insurance" 1334:"Stock Screener - Yahoo Finance" 781:Alterra Capital Holdings Limited 562: 435: 434: 411: 410: 387: 386: 363: 362: 339: 338: 137: 71: 30: 3247:1930 establishments in Virginia 3012:China Pacific Insurance Company 2786:New York Life Insurance Company 2547: 2529: 2504: 2490: 2455: 2436: 2401: 2377: 2358: 2339: 2321: 2306: 2287: 2268: 2249: 2230: 2212: 2188: 2163: 2139: 2114: 2096: 2057: 2002: 1889: 1864: 1843: 1818: 1792: 1768: 1728: 1722: 1708: 1694: 1680: 1666: 1640: 1615: 1596: 1582: 1556: 1521: 1496: 1471: 1457: 1435: 871: 657:Fairfax Financial Holdings Ltd. 49:or discuss these issues on the 1503:says, Tom Chong (2009-12-01). 1403: 1326: 1294: 1242: 1083: 974:Diamond Healthcare Corporation 577:format but may read better as 1: 1201: 1147:Markel Southwest Underwriters 16:US financial services company 3162:Reinsurance Group of America 3007:China Life Insurance Company 2696:American International Group 1122:Shand, Morahan & Company 1110: 850: 7: 3242:Companies based in Virginia 2385:"About | Markel Food Group" 2224:www.markelinternational.com 2170:Evans, Steve (2023-08-03). 2121:Evans, Steve (2023-04-27). 1103:Markel is headquartered in 553: 262:; 94 years ago 10: 3263: 3032:Life Insurance Corporation 1302:"Markel corporate history" 882: 774:Essentia Insurance Company 628:White Bear Lake, Minnesota 488: 327:Steven A. Markel, Chairman 18: 3190: 3104: 3042:MS&AD Insurance Group 2992: 2849: 2691:American Family Insurance 2671: 2664: 2482:Cite uses generic title ( 2428:Cite uses generic title ( 1853:. fortune.com. 2016-06-06 1548:Cite uses generic title ( 1142:Markel Global Reinsurance 1089:Markel Global Reinsurance 1065:Rosemont Investment Group 460: 450: 426: 402: 378: 354: 334: 321: 293: 282: 274: 256: 246: 224: 214: 1447:connection.ebscohost.com 1183:Elliott Special Risks LP 1127:Markel Insurance Company 1014:Cape Girardeau, Missouri 983:Eagle Construction of VA 926:Non-Insurance Businesses 846:Markel Lines of Business 764:electronic health record 3198:ranking by Total Assets 2806:Progressive Corporation 2449:Richmond Times-Dispatch 2389:www.markelfoodgroup.com 1831:Richmond Times-Dispatch 1628:Richmond Times-Dispatch 1117:Essex Insurance Company 1078:Bethlehem, Pennsylvania 586:converting this article 3087:Taikang Life Insurance 2984:Zurich Insurance Group 2879:Assicurazioni Generali 2220:"Markel International" 1776:"Markel Corp - Detail" 1729:Inc, Markel Ventures. 1484:www.marketscreener.com 1361:www.thefreelibrary.com 1163:Markel Capital Limited 241:Russell 1000 Component 150:self-published sources 2365:Corporation, Markel. 2346:Corporation, Markel. 2294:Corporation, Markel. 2275:Corporation, Markel. 2256:Corporation, Markel. 2038:Corporation, Markel. 2009:Corporation, Markel. 1983:Corporation, Markel. 1954:Corporation, Markel. 1925:Corporation, Markel. 1896:Corporation, Markel. 1799:Corporation, Markel. 1647:Corporation, Markel. 1563:Corporation, Markel. 1173:Markel Syndicate 3000 942:Boston, Massachusetts 717:Richard R. Whitt, III 630:, but later moved to 103:neutral point of view 3027:Kyobo Life Insurance 2811:Prudential Financial 2333:www.markel-eagle.com 1411:"Markel at a glance" 1314:on December 22, 2014 969:Gainesville, Georgia 915:Markel International 815:for the first time. 806:Richard R. Whitt III 800:On January 1, 2016, 792:Abbey Protection plc 746:specialist insurance 678:Monticello, New York 2954:RSA Insurance Group 2791:Northwestern Mutual 2776:National Life Group 2500:. 16 December 2010. 2147:"Nephila - Nephila" 1467:. 1 September 2009. 1383:Wall Street Journal 1005:Baltimore, Maryland 738:Markel (UK) Limited 696:Scottsdale, Arizona 671:Pewaukee, Wisconsin 664:Deerfield, Illinois 452:Number of employees 211: 95:promotional content 3147:Korean Reinsurance 3112:Arch Capital Group 3022:Great Eastern Life 2949:Royal London Group 2826:UnitedHealth Group 2821:Sun Life Financial 2746:Markel Corporation 2701:Berkshire Hathaway 2559:www.markelcorp.com 2371:www.prnewswire.com 2352:www.prnewswire.com 2300:www.prnewswire.com 2281:www.prnewswire.com 2262:www.prnewswire.com 2243:The New York Times 2044:www.prnewswire.com 2015:www.prnewswire.com 1989:www.prnewswire.com 1960:www.prnewswire.com 1931:www.prnewswire.com 1902:www.prnewswire.com 1805:www.prnewswire.com 1780:www.markelcorp.com 1760:has generic name ( 1750:cite press release 1735:www.prnewswire.com 1653:www.prnewswire.com 1609:www.prnewswire.com 1569:www.prnewswire.com 1431:markelamerican.com 1415:www.markelcorp.com 1230:. 31 December 2021 1228:markel.gcs-web.com 1105:Richmond, Virginia 1069:Richmond, Virginia 1060:Richmond, Virginia 1051:Richmond, Virginia 1042:Richmond, Virginia 1023:Richmond, Virginia 996:Richmond, Virginia 987:Richmond, Virginia 978:Richmond, Virginia 951:Richmond, Virginia 721:F. Michael Crowley 682:Richmond, Virginia 632:Richmond, Virginia 588:, if appropriate. 516:exchange, with an 499:Richmond, Virginia 483:Richmond, Virginia 456:17,400 (2019) 287:Richmond, Virginia 209: 97:and inappropriate 3214: 3213: 3200: 3152:Lloyd's of London 3100: 3099: 3057:Ping An Insurance 3037:Meiji Yasuda Life 2766:Mutual of America 2721:CUNA Mutual Group 1876:Insurance Journal 1704:. 3 January 2013. 1676:. 9 January 2012. 1509:Insurance Journal 1038:Parkland Ventures 1029:Panel Specialists 1019:Markel Food Group 607: 606: 495:Norfolk, Virginia 479:Markel Group Inc. 476: 475: 210:Markel Group Inc. 207: 206: 199: 189: 188: 181: 131: 130: 123: 64: 3254: 3206: 3205: 3192: 3082:T&D Holdings 3052:Income Insurance 2669: 2668: 2645: 2638: 2631: 2622: 2621: 2585: 2580: 2579: 2577:Official website 2563: 2562: 2551: 2545: 2544: 2541:www.markelre.com 2533: 2527: 2526: 2524: 2523: 2514:. 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Archived from 1306: 1298: 1292: 1291: 1288:www.mklgroup.com 1280: 1251: 1246: 1240: 1239: 1237: 1235: 1220: 1099:Office Locations 1001:Ellicott Dredges 947:CapTech Ventures 905:Markel Assurance 856:Markel Specialty 802:Thomas S. Gayner 614:Toronto, Ontario 602: 599: 593: 584:You can help by 566: 565: 558: 472: 469: 467: 442:14.695 Billion ( 438: 437: 431: 418:48.448 Billion ( 414: 413: 407: 390: 389: 366: 365: 357:Operating income 346:12.846 Billion ( 342: 341: 278:Samuel A. 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