Markel Corporation Stock Price, News & Analysis

Markel Group (NYSE:MKL) reported third-quarter 2025 results on October 29, 2025, and filed Form 10-Q for the quarter ended September 30, 2025.

Key points: Operating revenues were $3.93B for the quarter, up 7% vs. prior year; adjusted operating income was $621.0M, up 24% for the quarter; operating income was $1.01B, down 26% for the quarter; net investment gains declined 53% quarter-over-quarter. Markel Insurance combined ratio improved to 93%. Year-to-date highlights include $2.1B operating cash flow, $344M share repurchases, and 12.6M shares outstanding at September 30, 2025.

Markel Group (NYSE: MKL) will hold a conference call on Thursday, October 30, 2025 at 9:30 AM ET to discuss quarterly results and business developments. Investors, analysts and the public can listen via live webcast at ir.mklgroup.com or by phone at (888) 660-9916 (U.S.) or +1 (646) 960-0452 (international) using Conference ID: 4614568.

A replay will be available on the company website approximately one hour after the call concludes. The webcast, call and replays are copyrighted and may not be rebroadcast without written consent.

Markel Group (NYSE:MKL) has announced its 2026 Reunion and shareholders' meeting, scheduled for May 20, 2026, at the University of Richmond's Robins Center Arena. The event will feature morning business panels, a formal shareholders' meeting at 2:00 p.m. ET, and culminate in a celebration with live music and refreshments.

CEO Tom Gayner emphasized the company's commitment to maintaining in-person shareholder engagement, contrasting with the industry trend toward virtual meetings. The event is open to both shareholders and non-shareholders, with registration available at mklreunion.com.

SEI (NASDAQ:SEIC) has been selected by Nephila Capital, a leading reinsurance risk investment manager, to handle their back- and middle-office operations across North America and the UK. Nephila, owned by Markel Group, manages approximately $7 billion in assets and is one of the largest insurance-linked securities (ILS) managers globally.

The partnership comes as the ILS market is projected to grow from $100 billion to $200 billion by 2032. SEI will provide comprehensive services including reconciliation, payment processing, automation, data aggregation, streamlined workflows, and investor onboarding to support Nephila's operational efficiency and growth objectives.

Markel Insurance (NYSE:MKL) has launched three new comprehensive insurance solutions in Canada: Cyber 360 Canada, Tech 360 Canada, and Fintech 360 Canada. The new offerings provide standalone cyber coverage and modular insurance solutions specifically designed for technology and fintech sectors.

The products feature customizable coverage options including Cyber Liability, Management Liability, Technology Errors and Omissions, and specialized services. Notably, Markel Canada has established partnerships with industry experts to provide 24/7 pre-breach services and comprehensive support throughout the cyber incident lifecycle, including breach coach services, forensics, data restoration, and ransom negotiation.

Markel Insurance (NYSE:MKL) has appointed Alain Paris as Vice President, Product Line Leader – Primary Casualty for its Canadian operations, effective immediately. Paris will lead the Primary Casualty product line across Canada, focusing on achieving profit targets and supporting sustainable expansion.

Paris brings over 20 years of commercial underwriting experience, most recently serving as AVP Middle Market Casualty at Berkeley Canada. His expertise spans casualty lines, including product and participant liability, general liability, umbrella, excess, and specialty covers like abuse liability. The appointment aligns with Markel's strategy to strengthen its position as a leading specialty insurer in Canada.

Markel Insurance (NYSE:MKL) has finalized the sale of its Global Reinsurance business renewal rights to Nationwide, as part of its strategy to streamline operations and focus on core specialty insurance markets. The transaction, initially announced on July 30, 2025, involves Nationwide delegating the underwriting and management of renewal policies to Ryan Re Underwriting Managers, a managing general underwriter of Ryan Specialty (NYSE:RYAN).

While no insurance company entities were sold, Markel's Global Reinsurance division will enter runoff, with premiums expected to earn out over the next 2-3 years. The financial terms of the transaction remain undisclosed.

Markel Group (NYSE:MKL) reported its Q2 2025 financial results, achieving $1.4 billion in operating income for the first half of the year. The company's Q2 operating revenues reached $4.6 billion, up from $3.7 billion in Q2 2024, driven by market value movements in their equity portfolio. Notable highlights include:

The Insurance segment posted a combined ratio of 96.9%, up from 93.8% in Q2 2024, impacted by adverse development in run-off risk-managed directors and officers product lines. Markel Ventures showed growth in both revenues and operating income, benefiting from the acquisitions of Valor and EPI. The company's strategic decision to place reinsurance into run-off aims to streamline focus on core underwriting activities.

Net investment income increased 3% for Q2 and 6% for H1 2025, reflecting higher yields and increased fixed maturity securities holdings. The first half of 2025 included $60.9 million in losses from the January California Wildfires.

Markel Insurance (NYSE:MKL) has announced an agreement to sell its Global Reinsurance business renewal rights to Nationwide. The transaction, expected to close in August 2025, aligns with Markel's strategy to streamline operations and focus on its core specialty insurance business.

Nationwide plans to delegate the underwriting and management of renewal policies to Ryan Re Underwriting Managers, a managing general underwriter of Ryan Specialty (NYSE:RYAN), through an expanded strategic alliance. Markel's Global Reinsurance division will enter runoff, with premiums earning out over 2-3 years. No insurance company entities will be sold as part of the transaction.