Markel Corporation Stock Price, News & Analysis

Markel Canada (NYSE:MKL) launched a new Storage Tank Liability (STL) product on its digital platform Markel Connect in Canada on November 13, 2025.

The STL policy covers third-party claims from aboveground and underground storage tanks for businesses such as auto garages, gas stations, campgrounds, golf courses and commercial properties. Key features include minimum premiums from CAD$500 for a CAD$1 million limit, capacity up to CAD$5 million, cover for bodily injury, property damage, on-site/off-site cleanup, civil fines and crisis management, no policy fees, and a 25% commission for brokers. The product is available 24/7 via Markel Connect (excluding Quebec), allowing brokers to quote, bind and issue policies with instant decline and fast referrals.

Halo launched on November 4, 2025 as an AI-powered equine performance predictor and embedded insurance platform developed with reinsurance broker Guy Carpenter and underwriter Markel (MKL). Halo offers event-based micro-duration policies such as Race-Day Cover and Fall of Hammer Cover linked to live valuations and AI risk scores. The platform is powered by Hailey, a GPT-based bloodstock agent for sales, breeding and race planning guidance. The company cites a 2023 equine insurance market of £450–475m and a forecast of £1.3–1.5bn by 2031–33. Launch begins in the UK and Ireland in autumn 2025 with expansion to Europe, APAC and North America in 2026.

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.