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Markel Corp (MKL.N)

MKL.N on New York Stock Exchange

1,080.12USD
22 Nov 2017
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$-4.62 (-0.43%)
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Thu, Nov 16 2017

BRIEF-Markel announces CFO succession plan

* Markel Corp - ‍Anne Waleski plans to transition from her role as CFO of company by end of Q1 of 2019​

Fitch Rates Markel Corporation's New Senior Debt 'BBB+'; Affirms Ratings

(The following statement was released by the rating agency) CHICAGO, October 30 (Fitch) Fitch Ratings assigns a senior unsecured debt rating of 'BBB+' to Markel Corporation's (NYSE: MKL) new issues of $300 million senior notes due 2027 and $300 million due 2047. In addition, Fitch affirms all of MKL's ratings with a Stable Outlook. The affirmations include the Insurer Financial Strength rating of its operating subsidiaries at 'A+' (Strong), MKL's outstanding senior notes at 'BBB+' and Issuer Def

BRIEF-Markel reports Q3 loss per share $18.82

* Q3 earnings per share view $-16.17 -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage:

BRIEF-Markel estimates third quarter catastrophe losses

* Markel-‍Expects Q3 pre-tax underwriting losses of $503 million, net of reinstatement premiums, from hurricanes Harvey, Irma & Maria & Mexico earthquakes​ Source text for Eikon: Further company coverage:

MOVES-Markel appoints subsea equipment and hull and war underwriters

Oct 2 London-based specialist insurer Markel International has appointed Trevor McAuley as subsea equipment underwriter and Katie Costello as hull and war underwriter in its marine, energy and property business.

BRIEF-Markel Q2 earnings per share $10.31

* Q2 earnings per share view $6.57 -- Thomson Reuters I/B/E/S

BRIEF-Markel signs agreement to acquire majority interest in Costa Farms and its related operating companies

* Markel Corp - entered into a definitive agreement for markel to acquire a majority interest in Costa Farms and its related operating companies Source text for Eikon: Further company coverage:

Deals of the day-Mergers and acquisitions

July 26 The following bids, mergers, acquisitions and disposals were reported by 1320 GMT on Wednesday:

BRIEF-State National Cos to pay termination fee of about $13.8 million to Markel if Markel, co terminates merger deal

* State National Cos-to pay termination fee of about $13.8 million to markel if Markel, co terminates merger deal due to stockholder approval not being obtained

U.S. insurer Markel to buy State National for $919 million

U.S. insurer Markel Corp said on Wednesday it would buy property and casualty insurer State National Companies Inc for about $919 million.

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