Markel Group Inc
MKL: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$7,816.00 | Vssyy | Mtthhmvzs |
Investment Losses Push Markel Into the Red in the First Quarter
While Markel had a good quarter on the underwriting side, investment losses pushed the company to a net loss of $53 million in the quarter. We will maintain our $1,179 fair value estimate and no-moat rating.