Markel Corporation is a financial holding company serving a range of markets. The Company's principal business markets and underwrites specialty insurance products. It monitors and reports its ongoing underwriting operations in three segments: U.S. Insurance, International Insurance, and Reinsurance. The Company also owns interests in various industrial and service businesses that operate outside of the specialty insurance marketplace. The U.S. Insurance segment includes all direct business and facultative placements written by its insurance subsidiaries domiciled in the United States. The International Insurance segment includes all direct business and facultative placements written by its insurance subsidiaries domiciled outside of the United States, including its syndicate at Lloyd's. The Reinsurance segment includes all treaty reinsurance written across the Company. Its non-insurance operations include the results of its legal and professional consulting services.

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Type
Public
HQ
Glen Allen, US
Founded
1930
Size (employees)
10,900 (est)
Markel Corporation was founded in 1930 and is headquartered in Glen Allen, US
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Key People/Management at Markel Corporation

Alan I. Kirshner

Alan I. Kirshner

Chairman of the Board, Executive Chairman
Anthony F. Markel

Anthony F. Markel

Vice Chairman
Steven A. Markel

Steven A. Markel

Vice Chairman
Thomas S. Gayner

Thomas S. Gayner

Co-Chief Executive Officer
Richard R. Whitt

Richard R. Whitt

Co-Chief Executive Officer
Bradley J. Kiscaden

Bradley J. Kiscaden

Executive Vice President and Chief Actuarial Officer
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Markel Corporation Office Locations

Markel Corporation has an office in Glen Allen
Glen Allen, US (HQ)
4521 Highwoods Pkwy
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Markel Corporation Financials and Metrics

Markel Corporation Revenue

Markel Corporation's revenue was reported to be $5.61 b in FY, 2016 which is a 4.5% increase from the previous period.
USD

Revenue (Q1, 2018)

1.6 b

Net income (Q1, 2018)

(65.6 m)

EBIT (Q1, 2018)

105 m

Market capitalization (11-Jul-2018)

15.6 b

Closing share price (11-Jul-2018)

1.1 k

Cash (31-Mar-2018)

2 b
Markel Corporation's current market capitalization is $15.6 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

4.3 b5.1 b5.4 b5.6 b

Revenue growth, %

19%5%5%

EBIT

475.7 m557.8 m860.4 m803.9 m

EBIT margin, %

11%11%16%14%
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

1.3 b1.3 b1.4 b1.4 b1.4 b1.4 b1.5 b1.5 b1.6 b

Operating expense total

1.2 b1.2 b1.1 b1.2 b1.3 b1.3 b1.2 b1.8 b1.5 b

Depreciation and amortization

28.8 m

EBIT

129.6 m182.7 m245.2 m193.7 m152.6 m127.4 m241.3 m(328.1 m)105 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

2 b2 b2.6 b1.7 b

Accounts Receivable

1.3 m

Inventories

17 b

Goodwill

967.7 m1 b1.2 b1.1 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

2.1 b2.2 b1.9 b1.8 b2 b1.9 b2.3 b2.3 b2 b2.2 b1.9 b2.3 b2.1 b2 b

Accounts Receivable

1.7 b

Inventories

14.5 b15 b15.7 b15.9 b16 b16.1 b15.8 b15.8 b16.8 b16.8 b17.2 b17.1 b17.6 b17.8 b

Goodwill

1 b1 b1 b1.1 b1 b1 b1 b1.2 b1.2 b1.2 b1.1 b1.2 b1.4 b1.8 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

283.8 m323.7 m589.1 m460.4 m

Depreciation and Amortization

194.1 m

Cash From Operating Activities

745.5 m716.8 m651.2 m534.6 m

Purchases of PP&E

(47.7 m)(82.1 m)(79.8 m)(63.7 m)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

Net Income

184.9 m87.5 m128.6 m205.5 m194 m92.5 m104.4 m163.6 m80.7 m83.4 m71 m(65.6 m)

Depreciation and Amortization

16.9 m18.9 m17.3 m17.2 m17 m16.8 m

Cash From Operating Activities

542.5 m22.4 m237.1 m536.6 m22.8 m57.7 m

Purchases of PP&E

(36.7 m)(10.7 m)(18 m)(52.4 m)(23.6 m)(23.4 m)
USDY, 2018

Financial Leverage

3.5 x
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Markel Corporation Operating Metrics

Markel Corporation's Reported Claims, units was reported to be 62 k in FY, 2016.
FY, 2014FY, 2015FY, 2016

Reported Claims, but not Incurred (IBNR)

$649.53 m$1.03 b$1.44 b

Reported Claims, units

72 k71 k62 k
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Markel Corporation Revenue Breakdown

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Markel Corporation revenue breakdown by business segment: 70.2% from U.S. Insurance, 29.8% from International Insurance and 0.0% from Other

Markel Corporation revenue breakdown by geographic segment: 100.0% from Reinsurance

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Markel Corporation Online and Social Media Presence

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Markel Corporation Company Life and Culture

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