Latest Markelcorp Headlines

All the headlines from our Markelcorp Topic Page, ordered by recency.

Best Assigns ‘bbb’ Debt Ratings to Markel Notes

Aug 20 2004 // A.M. Best Co. announced that it has assigned a debt rating of “bbb” to Markel Corporation’s $200 million 7.35 percent senior unsecured notes, due in 2034. “The proceeds from this offering will be...

Best Affirms Markel International ‘A-‘ Rating

Aug 10 2004 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) of Markel International Insurance Company Ltd. (MIICL) (United Kingdom) and reaffirmed a stable outlook.“The...

Best Affirms Markel’s Strength and Debt Ratings

Jun 30 2004 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) of Markel North America Insurance Group and its debt ratings of “bbb” and “bb+” on Markel...

Markel American Insurance Company Appoints Conroy as Marine Director

Mar 8 2004 // Pewaukee, Wis.-based Markel American Insurance Company announced the appointment of Thomas Conroy to marine director. Conroy, who joined Markel American in 1989, has long been committed to the marine industry and insurance...

Markel North America Affirmed

Nov 17 2003 // Fitch Ratings has affirmed the “A” insurer financial strength ratings of the members of the Markel North America insurance group. It also affirmed the group’s “BBB-” long-term issuer rating...

Fitch Affirms Markel’s ‘A’ IFS Rating; ‘BBB-‘ Debt Rating

Oct 31 2003 // Fitch Ratings announced that it has affirmed the ‘A’ insurer financial strength ratings of the members of the Markel North America insurance group. It also affirmed the group’s ‘BBB-‘...

Markel Confirms Q3 Loss; 9 Month Profit

Oct 29 2003 // Virginia-based Markel Corporation confirmed the estimates it gave on Oct. 22 that it would suffer a third quarter loss (see IJ Web site Oct. 23). It reported a net loss of $1.68 per diluted share for the quarter ended...

S&P Affirms Markel Corp. Ratings; Revises Outlook to Stable

Oct 24 2003 // Standard & Poor’s Ratings Services announced that it has affirmed the BBB- counterparty credit rating BBB- senior unsecured debt rating and BB preferred stock rating on Markel Corp. (MKL), but has revised its...

Markel’s Q3 Results to be Impacted by Increase in Loss Reserves

Oct 23 2003 // Markel Corporation announced that its third quarter results will be impacted “by increases in loss reserves for asbestos and environmental exposures ($55 million) and increases in prior years’ loss reserves for...

Outlook Stable for Markel

Oct 6 2003 // Moody’s Investors Service affirmed Glen Allen, Va.-based Markel Corp.’s “Baa3” senior debt rating and “A3” insurance financial strength ratings at its U.S. insurance entities. The...

Private Schools

Aug 4 2003 // Nuts & Bolts: Markel Insurance Company, a subsidiary of Markel Corporation, announced the expansion of its coverage of private schools. Long in the business of providing insurance for Montessori and K-8 private...

Best Upgrades Markel Int’l, Lloyd’s Syndicate 3000 Ratings to ‘A-‘

Jul 1 2003 // A.M. Best Co. announced that it has upgraded the financial strength rating to A- (Excellent) from B++ (Very Good) of the U.K.-basedarkel International Insurance Company Ltd (MIIC), has also assigned a Best’s...

Private Schools

Jun 23 2003 // Nuts & Bolts: Markel Insurance Company, a subsidiary of Markel Corporation, announced the expansion of its coverage of private schools. Long in the business of providing insurance for Montessori and K-8 private...

Markel Corp. Expands Product Offerings

Jun 19 2003 // Markel Corp. announced plans to significantly expand its product offerings by creating a business platform to be headed by Roger Greiner, formerly president of Aegean Managers, Inc. The new platform will concentrate on the...

International Marine Insurance Services, Markel American Partner a Program for World Cruisers

Jun 17 2003 // International Marine Insurance Services (IMIS) and Markel American Insurance Company have partnered to establish The JacklineSM Insurance Program for world cruisers. Much like the safety gear after which it is named, this...

Markel Teams Up with Water Warriors for Charity

May 30 2003 // Markel American Insurance Company (rated “A X” by A.M. Best) is teaming up with Water Warriors to support Special Olympics.Water Warriors is an organization that operates as a branch of Special Olympics...

S&P’s Withdraws Markel Corp. Units Ratings

May 14 2003 // Standard & Poor’s has affirmed its ‘A-‘ counterparty credit and financial strength ratings on Markel Corp.’s U.S. insurance subsidiaries and its ‘BBB-‘ counterparty credit and...

Markel Outlook Positive

May 5 2003 // S&P’s revised its outlook on Markel Corp., Markel International Insurance Co. Ltd., and Markel’s U.S. insurance subsidiaries to positive from stable because of the historically strong underwriting results...

Markel Outlook Positive

May 5 2003 // Standard & Poor’s Ratings Services revised its outlook on Markel Corp., Markel International Insurance Co. Ltd., and Markel’s U.S. insurance subsidiaries to positive from stable because of the historically...

Markel Corp. Ratings Affirmed; Outlook Positive

Apr 18 2003 // Standard & Poor’s has revised its outlook on Markel Corp. (Markel), Markel International Insurance Co. Ltd., and Markel’s U.S. insurance subsidiaries to positive from negative because of the historically...