MKL Stock Recent News
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DUBAI, United Arab Emirates , June 27, 2024 /PRNewswire/ -- Markel, the insurance operation within Markel Group Inc. (NYSE: MKL), today announced the appointment of Jennifer Gebran as Head of Casualty for the Middle East and North Africa (MENA) region, with immediate effect. In her new role, Gebran will be responsible for developing the region's casualty underwriting strategy – one centred on enhanced underwriting capabilities and the delivery of profitable growth.
RICHMOND, Va. , June 26, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), announced today that Phil Schmidt has been appointed Chief Strategy Officer.
RICHMOND, Va. , June 25, 2024 /PRNewswire/ -- Markel Group Inc. (NYSE: MKL) and Valor Environmental announced today that they have entered into a definitive agreement for Markel Group to acquire a majority interest in Valor and its related operating companies.
Financial services stocks remain in a precarious position. High borrowing costs, reduced consumer sentiment and skyrocketing loan delinquencies make investing in many conventional financial services stocks a risky proposition.
Markel Group (MKL) stands to gain from rate increases, strategic buyouts, new business volume, solid capital position and prudent capital deployment.
RICHMOND, Va. , June 3, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), announced today that Jamie Carsey has been appointed Chief Claims Officer to oversee US and Bermuda claims operations within the company's Specialty division.
Markel Group stock is up 15.6% in 2024, on track to meet the projected 24% increase for the full year. The Q1 results show positive performance in insurance, investments, and Markel Ventures. Markel accelerated its share buyback program, nearly doubling its purchases to $161 million and reducing the share count by 2.3% year-over-year.
Markel Group (MKL) reported earnings 30 days ago. What's next for the stock?
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