Overall impact
D (24)

Commentary

Markel is a below-average overall performer. With a 'D' rating of 24.3 for overall impact (bottom 10% of all companies), Markel ranks 76th out of 83 industry peers, behind Allstate, AIG, The Hartford and 72 others, and ahead of White Mountains Insurance, WR Berkley, American Financial and 4 others. On top material causes for Markel's industry (Insurance), Markel performs poorly in Fair Labor Practices (8.3 score), No Poverty (9.8), Reduced Waste (17.0) and 13 other causes where it received a 'D' or 'F' score. Markel did not receive an 'A' rating on any cause.
Impact
Cause MKL
Peer rank
Overall impact

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Impact trend

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Company
Founded
1922
Employees
22,000
Sector
Financials
Industry
Insurance
Sub-industry
Property & Casualty Insurance
SASB industry
Insurance
Headquarters
Va, United States
Share classes
MKL
Description
Markel Group Inc., a diverse holding company, engages in marketing and underwriting specialty insurance products in the United States, Bermuda, the United Kingdom, Europe, Canada, the Middle East, Asia, and Australia. It offers general and professional liability, personal lines, marine and energy, specialty programs, and workers' compensation insurance products; and property coverages that include fire, allied lines, and other specialized property coverages, including catastrophe-exposed property risks, such as earthquake and wind. The company also offers credit and surety products, and collateral protection insurance products. In addition, it offers transaction, directors and officers, and healthcare liability reinsurance; and specialty treaty reinsurance products comprising credit and surety, workers' compensation, marine and energy, public entity, mortgage default, aviation and space, agriculture, and discrete political violence. Further, the company provides construction services, consumer and building products, transportation-related products, consulting services, and equipment manufacturing products, as well as leasing and other services. Additionally, the company operates as an insurance and investment fund manager offering a range of investment products, including insurance-linked securities, catastrophe bonds, insurance swaps, traditional reinsurance contracts, industry loss warranties and other financial instruments; and program services. It also manages funds with third parties. The company was formerly known as Markel Corporation and changed its name to Markel Group Inc. in May 2023. Markel Group Inc. was founded in 1930 and is headquartered in Glen Allen, Virginia.
Material causes
Ethos considers the following causes material for Markel, based on its industry sub-industry Property & Casualty Insurance. Learn more about material causes in our methodology overview.

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