Markel Corporation is a financial holding company. The Company's principal business markets and underwrites specialty insurance products. It operates through three segments. 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.

TypePublic
HQGlen Allen, US
Founded1930
Size (employees)15,600 (est)+44%
Websitemarkelcorp.com
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
J. Alfred Broaddus

J. Alfred Broaddus

Private Investor
Thomas S. Gayner

Thomas S. Gayner

Co-Chief Executive Officer
Richard R. Whitt

Richard R. Whitt

Co-Chief Executive 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 $6.06 b in FY, 2017 which is a 8% increase from the previous period.
USD

Revenue (Q1, 2018)

1.6b

Net income (Q1, 2018)

(65.6m)

EBIT (Q1, 2018)

105.0m

Market capitalization (15-Oct-2018)

15.4b

Closing stock price (15-Oct-2018)

1.1k

Cash (30-Jun-2018)

1.9b
Markel Corporation's current market capitalization is $15.4 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

4.3b5.1b5.4b5.6b6.1b

Revenue growth, %

19%5%5%8%

Cost of goods sold

3.4b3.5b4.5b

Gross profit

2.0b2.1b1.6b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

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

Operating expense total

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

Depreciation and amortization

28.8m

EBIT

129.6m182.7m245.2m193.7m152.6m127.4m241.3m(328.1m)105.0m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

2.0b2.0b2.6b1.7b2.2b

Accounts Receivable

1.3b1.6b

Goodwill

967.7m1.0b1.2b1.1b1.8b

Total Assets

24.0b25.2b24.9b25.9b32.8b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

2.1b2.2b1.9b1.8b2.0b1.9b2.3b2.3b2.0b2.2b1.9b2.3b2.1b2.0b1.9b

Accounts Receivable

1.7b1.9b

Goodwill

1.0b1.0b1.0b1.1b1.0b1.0b1.0b1.2b1.2b1.2b1.1b1.2b1.4b1.8b1.8b

Total Assets

23.8b24.5b25.2b25.1b25.3b25.4b25.2b25.7b26.3b26.4b26.4b27.2b28.5b32.9b33.2b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

283.8m323.7m589.1m460.4m400.8m

Depreciation and Amortization

201.0m194.1m203.9m

Accounts Payable

(31.8m)11.6m(40.8m)

Cash From Operating Activities

745.5m716.8m651.2m534.6m858.5m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018Q2, 2018

Net Income

184.9m87.5m128.6m205.5m194.0m92.5m104.4m163.6m80.7m83.4m71.0m(65.6m)214.0m

Depreciation and Amortization

16.9m18.9m17.3m17.2m17.0m16.8m

Cash From Operating Activities

542.5m22.4m237.1m536.6m22.8m57.7m307.5m

Purchases of PP&E

(36.7m)(10.7m)(18.0m)(52.3m)(23.6m)(23.4m)(52.4m)
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: 5.8% from Other Insurance (Discontinued Lines), 65.6% from U.S. Insurance and 28.6% from International Insurance

Markel Corporation revenue breakdown by geographic segment: 9.1% from Other countries, 65.4% from United States, 5.9% from United Kingdom, 17.5% from Reinsurance and 2.1% from Other

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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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