MKL - Markel Corporation

NYSE - NYSE Delayed Price. Currency in USD

Markel Corporation

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

SectorFinancial Services
IndustryInsurance - Property & Casualty
Full Time Employees17,400

Key Executives

NameTitlePayExercisedYear Born
Mr. Alan Irving KirshnerExec. Chairman1.47MN/A1936
Mr. Thomas Sinnickson GaynerCo-CEO & Director2.36MN/A1961
Mr. Richard Reeves Whitt IIICo-CEO & Director2.36MN/A1964
Mr. Bradley James KiscadenPres & Chief Admin. Officer1.4MN/A1963
Mr. Robert Chantry CoxPres & COO2.12MN/A1958
Amounts are as of December 31, 2018 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, a diverse financial holding company, markets and underwrites specialty insurance products in the United States, the United Kingdom, Canada, and internationally. Its Insurance segment offers general and professional liability, property, personal lines, marine and energy, specialty programs, and workers' compensation insurance products. This segment also offers contract, commercial, and court bonds; coverage on automobiles or other vehicles held as collateral for loans; coverages for horse mortality, theft, infertility, transit, and specified perils; crime coverage; property and liability package coverage to small and medium sized businesses; accident and health coverage; coverage for legal expenses; and short-term trade credit coverage for commercial risks. The company's Reinsurance segment offers general liability, professional liability, workers' compensation, medical malpractice, environmental impairment liability, and auto liability; property treaty products for catastrophe, per risk, and retrocessional exposures; and specialty treaty reinsurance products comprising structured and whole turnover credit, political risk, mortgage and contract, and commercial surety reinsurance programs. Its Markel Ventures segment provides equipment used in baking systems and food processing; portable dredges; over-the-road car haulers and equipment; laminated oak and composite wood flooring; storage and transportation equipment for specialty gas; dormitory furniture, wall systems, medical casework, and marine panels; ornamental plants; fashion handbags; residential homes; and behavioral healthcare, concierge health programs, retail intelligence, and management and technology consulting services, as well as leases and manages manufactured housing communities. The company's Other segment operates as an insurance-linked securities investment fund manager. Markel Corporation was founded in 1930 and is headquartered in Glen Allen, Virginia.

Corporate Governance

Markel Corporation’s ISS Governance QualityScore as of April 1, 2019 is 3. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 4; 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.