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About
Markel Corp. is a financial holding company, which engages in underwriting specialty insurance products for a variety of niche markets. It operates through the following segments: U.S. Insurance, International Insurance, and Reinsurance. the U.S. Insurance includes all direct business, and facultative placements written by its subsidiaries domiciled in the United States. The International Insurance segment refers to all direct business and facultative placements written by its subsidiaries domiciled outside of the U.S. The Reinsurance segment is comprised of all treaty reinsurance written across the company. Markel was founded by Samuel A. Markel in 1930 and is headquartered in Glen Allen, VA. | |||
Description
Markel Corporation markets and underwrites specialty insurance products in the United States and internationally. It operates through three segments: U.S. Insurance, International Insurance, and Reinsurance. The U.S. Insurance segment writes general liability, professional liability, property, personal line, program, workers' compensation, and other insurance product lines. The International Insurance segment provides professional liability, marine and energy, general liability, property, and other insurance product lines, such as accident and health coverage insurance. The Reinsurance segment offers property and casualty treaty reinsurance products; and other treaty reinsurance products comprising aviation, accident and health, onshore and offshore marine and energy risk, agriculture, and public entity, as well as structured and whole turnover credit, political risk, mortgage, and contract and commercial surety. The company also underwrites and sells insurance products to small and medium-sized enterprises and affinity groups in the United Kingdom providing protection against legal expenses and professional fees incurred as a result of legal actions or investigations by tax authorities; and provides a range of complementary legal and professional consulting services. In addition, it operates as an insurance-linked securities investment fund manager and reinsurance manager; a management and IT consulting firm providing services and solutions to various customers; and manufacturer of over-the-road car hauler equipment and related car hauler parts. Markel Corporation was founded in 1930 and is headquartered in Glen Allen, Virginia. | |||
