MKL - Dividend announcements

RICHMOND, Va., May 7, 2025 /PRNewswire/ -- Markel Group Inc. (NYSE:MKL) will redeem for cash all of its outstanding Series A 6.000% Fixed-Rate Reset Non-Cumulative Preferred Shares, no par value (the Series A Preferred Shares), effective June 1, 2025 (the Redemption Date) at a price of $1,000 per share, which is equal to the per-share liquidation preference of the Series A Preferred Shares. Since the Redemption Date is not a business day, the redemption will be processed on June 2, 2025. There are currently 600,000 Series A Preferred Shares outstanding with an aggregate liquidation preference of $600.0 million.

AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of "bbb+" to $600 million of 6.00% senior unsecured notes due 2054 issued by Markel Group Inc. (Markel) (Glen Allen, VA) (NYSE:MKL). The outlook assigned to this Credit Rating (rating) is stable. The debt will rank equally in right of payment with the company's outstanding senior unsecured notes. The proceeds will be used for general corporate purposes, which may include the redemption of Markel's $600 million of Series A 6.00% preferred shares that will be callable in June 2025. The assignment of the Long-Term IR considers the rating profile of Markel's principal insurance subsidiary units, as well as the parent company'

AM Best has assigned a Long-Term Issue Credit Rating of "bbb+" to $600 million of 3.45% senior unsecured notes due 2052 issued by Markel Corporation (Markel) (Glen Allen, Virginia) (NYSE:MKL). The outlook assigned to this Credit Rating (rating) is stable. The debt ranks pari passu with the company's outstanding senior unsecured notes. The proceeds will be used to prefund the scheduled retirement of Markel's $350 million of senior unsecured notes due July 2022, and for general corporate purposes. The rating assignment considers the rating profile of Markel's principal insurance subsidiary units, as well as the parent company's financial leverage, coverage and overall debt servicing profile,

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned indicative Long-Term Issue Credit Ratings of “bbb+” to senior unsecured issues, “bbb” to subordinated issues and “bbb-” to preferred stock to the recently filed shelf registration of Markel Corporation (Markel) (Glen Allen, VA) [NYSE: MKL]. The outlook assigned to these Credit Ratings (ratings) is stable. Concurrently, AM Best has withdrawn the ratings on the previous shelf registration. The existing ratings of Markel and its insurance subsidiaries are unchanged. Financial leverage, as calculated by AM Best, was at 23.7% at year-end 2020, within Markel’s targets. Earnings before interest, preferred dividends and taxes interest co

RICHMOND, Va., Feb. 2, 2021 /PRNewswire/ -- Markel Corporation (NYSE: MKL) today reported its financial results for the year ended December 31, 2020. The following tables present summary financial data for 2020 and 2019. Years Ended December 31, (in thousands, except per share amounts) 2020 2019 Earned premiums $ 5,612,205 $ 5,049,793 Markel Ventures operating revenues $ 2,794,959 $ 2,055,020 Net investment gains $ 617,979 $ 1,601,722 Comprehensive income to shareholders $ 1,191,634 $ 2,093,888 Diluted net income per common share $ 55.63 $ 129.07 Combined Ratio 98 % 94 % (in thousands, except per share amoun