Markel Insurance completes agreement to sell reinsurance renewal rights to Nationwide
RICHMOND, Va., Aug. 18, 2025 /PRNewswire/ -- Markel Insurance, the insurance operations within Markel Group Inc. (NYSE: MKL), has completed the sale of the renewal rights for its Global Reinsurance...
Will the divestiture change Markel's reinsurance exposure and risk profile, influencing its credit rating and investor perception?
What valuation multiple did Markel receive for the reinsurance renewal rights compared to similar industry transactions?
How will the sale of renewal rights affect Markel's earnings and cash flow forecasts?
7 days ago