Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Markel Ventures"


2 mentions found


Business: Markel Group is a holding company comprised of different businesses and investments. Its segments include Specialty Insurance, Investing and Markel Ventures. The Markel Ventures segment consists of controlling interests in a diverse portfolio of businesses that operate in various industries. While fixing the core business is always the first step, even with an improved and efficient insurance business, Markel would still have a valuation overhang in the form of its Ventures business. Moreover, the last time Markel traded at 2.5 times book value was before it launched its Ventures business.
Persons: Jana, Barry Rosenstein, Rosenstein, Markel, Nephila, Ken Squire Organizations: Markel, Specialty Insurance, Markel Ventures, Insurance, Berkshire Hathaway, Dow Jones U.S . Property, Markel Corp, Ventures, Investments, Tokio Marine, Zurich Insurance, Arch, 13D Monitor, 13D Locations: Berkshire, Boston
Founded in 1930 and with a market value today of $18 billion, Markel is first and foremost a specialty insurance company focused on niche markets like livestock and dude ranches. Some Wall Street analysts have praised Markel's recent performance against both peers and the broader market. Markel has returned 16.1% annually over the past three years while the S & P 500 has returned 12.4%, according to FactSet. "Given the favorable insurance market conditions in many of MKL's product lines, we believe the company's P/B multiple may expand if it can maintain solid profitability." Markel also has its appeal to Berkshire, which took a $600 million stake in Markel in early 2022.
Total: 2