Insurance and investment firm Markel's Q4 revenue rises

Overview

• Insurance and investment firm's Q4 operating revenue increased 8% yr/yr

• Adjusted operating income rose 19% in Q4, driven by improved underwriting profitability

• Company repurchased $429.5 mln in shares in 2025

Outlook

• Markel did not provide specific future guidance in the press release in its press release

Result Drivers

• UNDERWRITING PROFITABILITY - Markel Insurance's adjusted operating income increased due to improved underwriting profitability and higher net investment income

• FINANCIAL SEGMENT GROWTH - Financial segment's revenue increased due to performance fees and higher management fee rate for insurance-linked securities

• INDUSTRIAL SEGMENT DEMAND - Increased demand for equipment leasing services in the wind energy market drove industrial segment growth

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the property & casualty insurance peer group is "buy."

• Wall Street's median 12-month price target for Markel Group Inc is $2,107.00, about 3.4% above its February 3 closing price of $2,038.65

• The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release: ID:nPn81v6hya

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