Latest Markel Headlines
All the headlines from our Markel Topic Page, ordered by recency.
Fitch Puts Markel Corp. on Rating Watch Negative
Sep 24 2001 // Fitch placed the ratings of Markel Corporation on Rating Watch Negative. The rating action reflects Fitch’s concerns that losses from the terrorists attacks in the U.S. recently as a percent of capital may ultimately...
Markel on CreditWatch Negative
Feb 12 2001 // The ratings on Markel Corp. and related entities were placed on CreditWatch with negative implications by S&P, which cited concerns about prospective earnings, capitalization and leverage at the holding company,...
Markel to Pay Debt With Stock
Jan 29 2001 // Markel Corp. will offer about 16 percent of its common stock to pay off outstanding debts. The company plans to sell 1.2 million shares, including 321,000 shares being sold under the company’s previously filed shelf...
S&P Puts Markel Corp. and Related Units’ Ratings on CreditWatch Negative
Jan 22 2001 // Standard & Poor’s has placed its ratings on Markel Corp. and related entities on CreditWatch with negative implications. These rating actions are based on Standard & Poor’s concerns about prospective...
Markel International Downgraded
Dec 25 2000 // The FSR of Markel International was lowered from “A” to “A-” by A.M. Best. At the same time, senior debt ratings for Markel International and Markel Corp. were lowered from “bbb+” to...
MarketScout Adds Markel Units to E-Commerce Site
Sep 19 2000 // MarketScout is a subsidiary of Insurance Data Systems (IDS), a Dallas-based insurance e-commerce holding company. MarketScout selects just one “Best of Class” insurance company for each of its 370 industry...
Markel to Purchase Renewal Rights for Certain Reliance Lines
Aug 31 2000 // Markel Corporation has reached an agreement in principle with Reliance Group Holdings (to acquire the renewal rights to Reliance’s Child Care book of business and certain segments of Reliance’s Social Services...
Markel Corp. Q2 Earnings Down
Aug 7 2000 // Markel Corp. has recently reported second-quarter losses of $17.9 million, a dramatic decrease compared to a net income of $11.9 million in the same quarter 1999. Underwriting losses at recently acquired Terra Nova...
Markel Ratings, CreditWatch Revised
May 1 2000 // S&P lowered its ratings on Markel Corp. and related entities. In addition, the CreditWatch with negative implications which S&P placed on the companies was removed. The counterparty credit and financial strength...
Markel Reports Record Earnings
Feb 3 2000 // Markel Corporation announced record earnings from core operations for the year ended December 31, 1999, while net income decreased to $7.20 per diluted share from $10.17 per diluted share in 1998. The decrease in 1999 net...
