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Markel Corporation (MKL)


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Markel Corporation

4521 Highwoods Parkway
Glen Allen, VA 23060
United States
804-747-0136
http://www.markelcorp.com

SectorFinancial
IndustryProperty & Casualty Insurance
Full Time Employees10,900

Key Executives

NameTitlePayExercisedAge
Mr. Alan I. KirshnerExec. Chairman1.64MN/A81
Mr. Thomas Sinnickson GaynerCo-Chief Exec. Officer and Director1.59MN/A56
Mr. Richard R. Whitt IIICo-Chief Exec. Officer and Director1.59MN/A53
Ms. Anne G. WaleskiChief Financial Officer and Exec. VP1.08MN/A50
Mr. Francis Michael CrowleyVice Chairman1.54MN/A65
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Markel Corporation markets and underwrites specialty insurance products in the United States and internationally. It operates through three segments: U.S. Insurance, International Insurance, and Reinsurance. The U.S. Insurance segment writes general liability, professional liability, property, personal line, program, workers' compensation, and other insurance product lines. The International Insurance segment provides professional liability, marine and energy, general liability, property, and other insurance product lines, such as accident and health coverage insurance. The Reinsurance segment offers property and casualty treaty reinsurance products; and other treaty reinsurance products comprising aviation, accident and health, onshore and offshore marine and energy risk, agriculture, and public entity, as well as structured and whole turnover credit, political risk, mortgage, and contract and commercial surety. The company also underwrites and sells insurance products to small and medium-sized enterprises and affinity groups in the United Kingdom providing protection against legal expenses and professional fees incurred as a result of legal actions or investigations by tax authorities; and provides a range of complementary legal and professional consulting services. In addition, it operates as an insurance-linked securities investment fund manager and reinsurance manager; a management and IT consulting firm providing services and solutions to various customers; and manufacturer of over-the-road car hauler equipment and related car hauler parts. Markel Corporation was founded in 1930 and is headquartered in Glen Allen, Virginia.

Corporate Governance

Markel Corporation’s ISS Governance QualityScore as of July 1, 2017 is 2. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 2; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.