Markel Incurs Huge Catastrophe Losses -- and That's OK
Markel Corporation (NYSE: MKL) announced third-quarter 2017 results on Wednesday after the market closed, detailing large -- but expected -- catastrophe-related losses from its insurance segment. At the same time, the outperformance of Markel Ventures and the company's investment operations showcased the merits of its diversified business.
With shares up 2.2% on Thursday as investors absorbed the news, let's dig deeper to better understand what drove the specialty insurance and financial holding company as it entered the second half of the year.
Image source: The Motley Fool.
Source: Fool.com
Markel Corp. Aktie
1.424,0 €
0,49 %
Unentschiedenes Community-Sentiment für Markel Corp. mit wenigen Einschätzungen.
Ein leicht positives Potenzial wird für Markel Corp. mit einem Kursziel von 1650 € im Vergleich zu 1424.0 € gesehen.
