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%