Ranking Profile - Markel Corp

Introduction

Markel Group Inc (Markel), formerly, Markel Corp, is a provider of specialty insurance products. The company, along with its subsidiaries, offers general liability, products liability, automobile liability, miscellaneous professional liability, environmental consultants' professional liability, contractors' pollution liability and site-specific environmental impairment liability coverages. It also offers professional liability insurance, workers' compensation, ocean marine products, general agent programs and coverage for equine-related risks. The company offers personal lines products, which provide first and third-party coverage for cars, motorcycles and various personal watercrafts such as high-performance boats, vintage boats and yachts and recreational vehicles. Its operations are spanned across the US and internationally. Markel is headquartered in Glen Allen, Virginia, the US. The company reported gross written volume of US$13,201.7 million during the fiscal year ended December 2022, (FY2022), an increase of 15.4% over that in FY2021. Its net written premium was US$8,203.4 million in FY2022, an increase of 15.2% over that in FY2021.