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Dec 31, 2019

Markel Q4 2019 Earnings Report

Markel reported record-setting financial results driven by growth in insurance and Markel Ventures operations.

Key Takeaways

Markel Corporation reported operating revenues of $9.5 billion and net income to shareholders of $1.79 billion for the year ended December 31, 2019. The combined ratio was 94% in 2019. Diluted net income per share was $129.07 for the year ended December 31, 2019.

Operating revenues reached $9.5 billion, compared to $6.8 billion in 2018.

Comprehensive income to shareholders was $2.1 billion, compared to a comprehensive loss of $375.8 million in 2018.

Diluted net income per share was $129.07, compared to a diluted net loss per share of $9.55 in 2018.

The combined ratio improved to 94% in 2019 from 98% in 2018.

Total Revenue
$2.58B
Previous year: $1.04B
+147.6%
EPS
$36.3
Previous year: -$40.8
-188.8%
Combined Ratio
94%
Previous year: 98%
-4.1%
Gross Profit
$9.37B
Previous year: $6.83B
+37.2%
Cash and Equivalents
$3.07B
Previous year: $2.01B
+52.6%
Free Cash Flow
$534M
Previous year: $102M
+423.9%
Total Assets
$37.5B
Previous year: $33.3B
+12.5%

Markel

Markel

Markel Revenue by Segment

Revenue & Expenses

Visualization of income flow from segment revenue to net income