What is Foolsaurus?

It's a glossary of investing terms edited and maintained by our analysts, writers and YOU, our Foolish community.


Markel (NYSE: MKL) markets and underwrites specialty insurance products and programs to a variety of niche markets and operates in three segments of the specialty insurance marketplace: the Excess and Surplus Lines, the Specialty Admitted and the London markets.

Company Description

Markel is a specialty insurance underwriter which has followed the path paved by Berkshire Hathaway. Their goal is to combine disciplined insurance underwriting with profitably invest their float to grow book value per share. From 1988 to 2008 they grew book value per share from $9.22 to $222, a 17% CAGR.

Related Links

Related Companies

Recent Mentions on Fool.com