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MKL

Markel GroupยทNYSE
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MKL Profile

Markel Group Inc.

A diverse financial holding company serving a variety of niche markets

Insurance
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06/11/1997
New York Stock Exchange
22,000
12-31
Common stock
4521 Highwoods Parkway, Glen Allen, Virginia 23060-6148
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Markel Group Inc., can be traced back to early 1920, when Sam Markel started providing insurance for the transportation industry, but it was still in its infancy. The company is a diversified financial holding company serving a variety of niche markets. The company's main business is to promote and underwrite professional insurance products. Companies believe that their specialized products and niche market strategies can grow their expertise and specific market knowledge. The company wants to differentiate itself from its competitors through its expertise, service, continuity and other value considerations. The company has three segments in the professional insurance market: excess and residual lines, professional admissions and the London market. In addition to the professional insurance market, the company operates a variety of industrial and service companies. The company's financial objectives are to earn sustained underwriting and operating profits, obtain superior investment returns, and create value for shareholders.