|Bid||1,151.62 x 800|
|Ask||1,225.00 x 1000|
|Day's Range||1,131.60 - 1,156.99|
|52 Week Range||950.16 - 1,216.47|
|Beta (3Y Monthly)||0.68|
|PE Ratio (TTM)||21.57|
|Earnings Date||Oct 28, 2019 - Nov 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1,180.00|
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We have processed the filings of the more than 700 world-class investment firms that we track and now have access to the collective wisdom contained in […]
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Markel Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
RICHMOND, Va. , Sept. 18, 2019 /PRNewswire/ -- Markel Corporation (NYSE: MKL) ("Markel") announced today the expiration and final results of the previously announced cash tender offers (the "Tender ...
RICHMOND, Va., Sept. 18, 2019 /PRNewswire/ -- Markel Corporation (MKL) ("Markel") announced today the consideration payable for each series of notes subject to the previously announced cash tender offers (the "Tender Offer") by Markel and its wholly-owned subsidiary, Alterra Finance LLC ("Alterra"), for any and all of the outstanding aggregate principal amount, respectively, of (1) Markel's 5.35% Senior Notes due 2021 (the "Markel Notes") and (2) Alterra's 6.25% Senior Notes due 2020 (the "Alterra Notes" and, together with the Markel Notes, the "Notes"). The consideration for each series of Notes for each $1,000 principal amount of Notes tendered and accepted for purchase pursuant to the Tender Offer was determined in the manner described in the Offer to Purchase, dated September 12, 2019 (the "Offer to Purchase"), by reference to the applicable fixed spread over the yield to maturity, based on the bid side price, of the applicable U.S. Treasury Security, all as specified in the table below for each series of Notes, as calculated by the Dealer Managers (as defined below) at 2:00 p.m., New York City time, on September 18, 2019.
RICHMOND, Va., Sept. 18, 2019 /PRNewswire/ -- Markel Corporation (MKL) today announced it has hired Brenton" Brent" Slade as president of Lodgepine Capital Management Limited, its new retrocessional Insurance Linked Securities (ILS) fund based in Bermuda. Slade comes to Lodgepine from Hamilton Capital Partners, where he was a senior vice president.
AM Best has assigned Long-Term Issue Credit Ratings of bbb+ to the forthcoming $300 million 3.350% senior unsecured notes due Sept. 17, 2029, and the $500 million 4.150% senior unsecured notes due Sept.
RICHMOND, Va., Sept. 12, 2019 /PRNewswire/ -- Markel Corporation (MKL) ("Markel") announced today that Markel and its wholly-owned subsidiary, Alterra Finance LLC ("Alterra"), have commenced cash tender offers (the "Tender Offer") for any and all of their respective series of senior notes listed in the table below (the "Notes").
RICHMOND, Virginia, Sept. 9, 2019 /PRNewswire/ -- Markel Corporation (MKL) today announced the launch of Lodgepine Capital Management Limited, its new retrocessional Insurance Linked Securities (ILS) fund manager in Bermuda, together with a reinsurance company, Lodgepine Re. Lodgepine's initial product offering will be the Lodgepine Fund, a property catastrophe retrocessional investment fund ahead of the 2020 renewal period.
RICHMOND, Va., Aug. 6, 2019 /PRNewswire/ -- Markel Corporation (MKL) announced today that John Lecci has been named a Senior Director of Professional Liability. Lecci was most recently employed by Axis, where he was responsible for underwriting management liability and employment practice liability for law firms and other professional organizations. Over the course of his 23-year career, his primary insurance focus has been on errors and omissions coverage for lawyers and accountants.
RICHMOND, Va., July 30, 2019 /PRNewswire/ -- Markel Corporation (MKL) reported operating revenues of $2.4 billion for the second quarter of 2019 compared to $2.0 billion for the second quarter of 2018. Comprehensive income to shareholders was $623.3 million for the second quarter of 2019 compared to $164.3 million for the second quarter of 2018. Comprehensive income to shareholders was $1.4 billion for the six months ended June 30, 2019 compared to a comprehensive loss to shareholders of $10.5 million for the same period of 2018.
RICHMOND, Va., July 25, 2019 /PRNewswire/ -- Markel Corporation (MKL) ("Markel") today announced that it intends to establish a new retrocessional Insurance Linked Securities (ILS) fund platform in Bermuda, comprised of a reinsurance company, fund entity and investment manager. The new platform is expected to allow Markel to expand on its current range of ILS capabilities, drawing on the deep talent and resources from across the Markel organization. Markel expects that investors in the new venture will benefit from the access to risk that Markel Corporation can offer, as well as its significant underwriting and analytical capabilities and position in the reinsurance market.