MARKEL GROUP INC.
Close on Oct 19, 2026
- Market cap
- $23.37B
- P/E (TTM)
- 10.3
- Dividend yield
- –
About Markel
Fire, Marine & Casualty Insurance, SIC 6331
Markel Group operates as a diversified holding company managing independently run businesses across several industries. Its core segment, Markel Insurance, underwrites specialty insurance solutions unavailable in standard markets, with customer relationships centered on long-term policyholder commitments. Alongside its insurance operations, the organization reports across Industrial, Financial, and Consumer and Other segments, with majority-owned operations serving varied markets such as industrial bakery equipment, ornamental plants, and precast concrete. The company additionally holds equity positions in publicly traded entities, primarily within its insurance operations.
The enterprise operates through a decentralized structure designed to empower local leaders across its varied subsidiaries and investment holdings. The provided annual report text does not state the specific geographic distribution, facility locations, total number of operational sites, or company headquarters.
Summary of the business section of Markel's latest annual report, written by StockData.
Company profile
Company
- Legal name
- MARKEL GROUP INC.
- Founded
- 1920
- Headquarters
- Glen Allen, VA
- Address
- 4521 Highwoods Parkway 23060-6148
- Phone
- (804) 747-0136
- Website
- www.markelcorp.com
- Employees
- 22,900, Dec 31, 2025
- Industry
- Fire, Marine & Casualty Insurance
- Incorporated in
- Virginia
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, Richmond, VA
Stock & identifiers
- Ticker
- MKL
- Exchange
- NYSE
- IPO date
- Dec 12, 1986
- Shares outstanding
- 12M, Jul 22, 2026
- Public float
- $24.85B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1096343
- CUSIP
- 570535104
- ISIN
- US5705351048
- LEI
- 549300SCNO12JLWIK605
- EIN
- 54-1959284
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Thomas Sinnickson Gayner | Chief Executive Officer, Director | 61,529 |
| Andrew G. Crowley | EVP & Pres., Markel Ventures | 2,963 |
| Brian J. Costanzo | Chief Financial Officer | 1,862 |
| Richard Randolph Grinnan | SVP, Chief Legal Officer & Sec | 4,267 |
| Simon Wilson | EVP and CEO, Markel Insurance | 2,397 |
| Meade P. Grandis | CAO and Controller | 6,945 |
| Michael R. Heaton | EVP & Chief Operating Officer | 4,870 |
| Jeremy Andrew Noble | President, Insurance | 5,129 |
| Lawrence A. Cunningham | Director | 1,042 |
| Jonathan E. Michael | Director | 333 |
| A. Lynne Puckett | Director | 1,970 |
| Michael Oreilly | Director | 3,935 |
| Diane Leopold | Director | 2,895 |
| Harold Lawrence Morrison Jr. | Director | 1,127 |
| Mark Besca | Director | 1,222 |
| Morgan E. Housel | Director | 1,029 |
| Greta J. Harris | Director | 672 |
| Steven A. Markel | Director | 78,645 |
| Anthony F. Markel | Director | 27,933 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $14.12M | $18.29M | $4.19M | $208 | $233 |
| FY2024 | $9.74M | $11.92M | $3.06M | $167 | $213 |
| FY2023 | $8.07M | $8.56M | $2.47M | $137 | $159 |
| FY2022 Co PEO1 | $3.99M | $4.41M | $1.67M | $128 | $140 |
| FY2022 Co PEO2 | $3.98M | $4.40M | $1.67M | $128 | $140 |
| FY2021 Co PEO1 | $4.64M | $5.63M | $2.03M | $119 | $122 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“At December 31, 2025, Markel Group and its family of businesses employed approximately 22,900 associates.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Aug 1, 2025 | Deregistration | Termination of SEC registration (Form 15) |
| May 25, 2023 | Name change | Name changed from MARKEL CORP to MARKEL GROUP INC. |
| May 1, 2013 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Dec 27, 2012 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Aug 2, 2012 | Delisting | Notice of delisting from exchange (Form 25) |
| Aug 29, 2006 | Listing | Registration of securities on an exchange (Form 8-A) |
| Apr 15, 2002 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Apr 7, 2000 | Listing | Registration of securities on an exchange (Form 8-A) |
| Feb 7, 2000 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Jan 26, 2000 | Name change | Name changed from MARKEL HOLDINGS INC to MARKEL CORP |
| Oct 7, 1999 | Merger | Registration of securities for a merger or exchange offer (S-4) |