MKL Stock Recent News

MELBOURNE, Australia , Jan. 16, 2025 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), has announced the appointment of Scott Jordan as Claims Manager, Casualty – Australia. Scott joins Markel after more than 12 years at Chubb, where he was most recently Team Leader of Casualty Claims.

SINGAPORE , Jan. 15, 2025 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), today announced that Wanshi Lin has been appointed as the Head of Singapore, effective immediately. In this newly created position, Lin will oversee the company's underwriting team in Singapore and spearhead business planning and market engagement on the company's Lloyd's Singapore platform.

MKL is well-poised to grow on rate increases, strategic buyouts, new business volume, solid capital position and prudent capital deployment.

LONDON , Jan. 8, 2025 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE:MKL), today announced that Grant Smith is to head up its Transport and Logistics team, with immediate effect. In his expanded role, Smith will be responsible for defining the underwriting strategy for the Transport and Logistics team, centered on driving sustainable, profitable growth.

SINGAPORE , Jan. 7, 2025 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), today announced that Jack Taylor has been appointed to the role of Executive, Distribution Strategies and Business Development, Asia Pacific. Taylor will be based in Singapore and will lead broker engagement across the region.

Markel Group (MKL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

With this new offering, that expands VOOM's innovative motorcycle insurance offering, e-bike and other bicycle owners will pay get a flexible and comprehensive insurance coverage PALO ALTO, Calif. , Oct. 14, 2024 /PRNewswire/ -- VOOM Insurance, the leading InsurTech company for the future of mobility, announced today that it has launched its insurance offering for Electric Bikes.

LONDON , Oct. 2, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), today announced a trio of key appointments as part of a strategic move to diversify the business's International Casualty portfolio and strengthen its award-winning Wholesale Claims service for broker partners. The new arrivals include Lauren Percival, who has been appointed to the role of Executive Underwriter – General Liability with immediate effect.

Markel has a strong 30+ year track record but faced recent growth challenges due to natural catastrophes, economic inflation, and poor acquisitions. Despite setbacks, Markel's integrity and strategic actions have led to improving fundamentals, with book value growing annually and a promising future outlook. Growth re-acceleration is expected through insurance premium growth, profitability improvements, Ventures acquisitions, and sustained high-interest income from the insurance float.

LONDON , Sept. 10, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), today announced the launch of its new FintechRisk+ insurance policy, underlining its long-term commitment to provide market-leading coverage and service solutions for fintech companies in an increasingly complex market.