NYSE · Common Stock · Fire, Marine & Casualty Insurance
85 entities across 24 jurisdictions, 10 in offshore financial centres. Read directly from the company’s own 10-K EX-21 filed 2026-02-26 — see the exhibit.
Which other public companies file entities in the same places:
| Entity | Jurisdiction | Note |
|---|---|---|
| Markel Insurance Group, LLC | Virginia | |
| Alterra Capital Holdings Limited | Bermuda | offshore centre |
| Lodgepine Capital Management Limited | Bermuda | offshore centre |
| Markel Bermuda Limited | Bermuda | offshore centre |
| Markel CATCo Investment Management Ltd. | Bermuda | offshore centre |
| Markel CATCo Re Ltd. | Bermuda | offshore centre |
| Markel CATCo Reinsurance Fund Ltd. | Bermuda | offshore centre |
| Black/White & Associates Insurance Brokers | California | |
| Essentia Insurance Company | Missouri | |
| Evanston Insurance Company | Illinois | |
| Markel American Insurance Company | Virginia | |
| Markel Aspen, Inc. | Delaware | |
| FirstComp Insurance Company | Nebraska | |
| Markel Holdings GmbH | Germany | |
| Markel Insurance SE | Germany | |
| Markel Insurance Company | Illinois | |
| Markel Global Reinsurance Company | Delaware | |
| Markel International Holdings (Delaware) Limited | Delaware | |
| Caunce O'Hara & Company Limited | England | |
| FSB Insurance Service Limited | England | |
| Markel Australia Pty Ltd | Australia | |
| Markel Capital Limited | England | |
| Markel Consultancy Services Limited | England | |
| Markel Equine | France | |
| Markel International Hong Kong Limited | Hong Kong | |
| Markel International Insurance Company Limited | England | |
| Markel International Labuan Limited | Malaysia | |
| Markel International Singapore Pte. Limited | Singapore | |
| Markel Law LLP | England | |
| Markel Protection Limited | England | |
| Markel Services India Private Limited | India | |
| Markel Syndicate Management Limited | England | |
| Markel (UK) Limited | England | |
| Markel Underwriting Services Limited | England | |
| Michael Else and Company Limited | England | |
| State National Global GmbH | Germany | |
| The MECO Group (EEA) GmbH | Germany | |
| True North Global Limited | England | |
| Markel Surety Holding Corporation | Delaware | |
| SureTec Insurance Company | Texas | |
| Surety International SPC | Cayman Islands | offshore centre |
| Markel West, Inc. | California | |
| MINT Canadian Specialty Underwriters Limited | Canada | |
| Markel Canada Limited | Canada | |
| MKL Services Company | Virginia | |
| Nephila Advisors LLC | Delaware | |
| Nephila Holdings Ltd. | Bermuda | offshore centre |
| Nautical Management Ltd. | Bermuda | offshore centre |
| Nephila Advisors (UK) Limited | England | |
| Nephila Capital Ltd. | Bermuda | offshore centre |
| Nephila Syndicate Management Limited | England | |
| Prairie State Administrative Services, Inc. | Illinois | |
| State National Companies, Inc. | Delaware | |
| Capstone Specialty Insurance Company | Texas | |
| City National Insurance Company | Texas | |
| National Specialty Insurance Company | Texas | |
| Pinnacle National Insurance Company | Texas | |
| State National Insurance Company, Inc. | Texas | |
| Superior Specialty Insurance Company | Texas | |
| T.B.A. Insurance Group, Ltd. | Texas | |
| United Specialty Insurance Company | Texas | |
| Zenith Insurance Agency, LLC | Texas | |
| Markel Ventures, Inc. | Virginia | |
| American Premier Services, Inc. (Valor Environmental) | Delaware | |
| Brahmin Leather Works, LLC | Delaware | |
| Buckner Heavylift Cranes, LLC | North Carolina | |
| CapTech Ventures, Inc. | Virginia | |
| Costa Farms Holdings, LLC | Florida | |
| Cottrell, Inc. | Georgia | |
| Eagle Construction of Va., LLC | Virginia | |
| Educational Partners International, LLC | North Carolina | |
| Ellicott Dredge Enterprises, LLC | Maryland | |
| Havco WP LLC | Delaware | |
| Lansing Building Products, LLC | Virginia | |
| Markel Eagle Investment, LLC | Virginia | |
| Markel Eagle Investment II, LLC | Virginia | |
| Markel Food Group, Inc. | Virginia | |
| Metromont LLC | South Carolina | |
| Panel Specialists, Inc. | Texas | |
| ParkLand Ventures, Inc. | Virginia | |
| PartnerMD, LLC | Virginia | |
| Retail Data, LLC | Virginia | |
| Rosemont Investment Group, LLC | Delaware | |
| VSC Fire & Security, Inc. | Virginia | |
| Weldship LLC | Pennsylvania |
Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.
| Year | Revenue | Net income | Free cash flow | Gross margin | Shares |
|---|---|---|---|---|---|
| FY2020 | $9.7B | $816.0M | $1.6B | — | 13,823,000 |
| FY2021 | $12.8B | $2.4B | $2.1B | — | 13,800,000 |
| FY2022 | $11.7B | −$214.1M | $2.5B | — | 13,580,000 |
| FY2023 | $15.8B | $2.0B | $2.5B | — | 13,378,000 |
| FY2024 | $16.6B | $2.7B | $2.3B | — | 13,041,000 |
| FY2025 | $15.5B | $2.1B | $2.6B | — | 12,648,000 |
15 institutions tracked — 4 added, 10 reduced, 1 opened a new position, 1 sold out.
| Manager | Kind | Shares | Change | Value |
|---|---|---|---|---|
| AQR CAPITAL MANAGEMENT LLC | Hedge fund | 36,330 | +23,236 | $70.9M |
| BANK OF AMERICA CORP /DE/ | Active fund | 118,590 | −17,494 | $231.6M |
| BAILLIE GIFFORD & CO | Value | 157,923 | −17,145 | $308.4M |
| BlackRock, Inc. | Index | 697,836 | −12,770 | $1.4B |
| RENAISSANCE TECHNOLOGIES LLC | Hedge fund | 25,301 | −9,320 | $49.4M |
| CITADEL ADVISORS LLC | Hedge fund | 28,777 | +8,205 | $56.2M |
| GEODE CAPITAL MANAGEMENT, LLC | Index | 214,799 | −6,894 | $418.2M |
| MORGAN STANLEY | Active fund | 350,660 | −6,427 | $684.8M |
| STATE STREET CORP | Index | 312,169 | +5,179 | $609.7M |
| WELLINGTON MANAGEMENT GROUP LLP | Active fund | 102,408 | −4,265 | $200.0M |
| JPMORGAN CHASE & CO | Active fund | 14,326 | −3,447 | $28.0M |
| FMR LLC | Active fund | 10,070 | −1,684 | $19.7M |
| PRICE T ROWE ASSOCIATES INC /MD/ | Active fund | 12,498 | +743 | $24,410 |
| Point72 Asset Management, L.P. | Hedge fund | 7,771 | −677 | $15.2M |
NORGES BANK holds a position with no prior filing to compare against, so its change is unknown rather than zero — and it is left out of the totals above.
From 13F filings, which cover institutions managing over $100m and are filed up to 45 days after the quarter ends — so this is a considered position, not a live one, and it is not the whole shareholder register.
What the company actually paid out and bought back, as reported — the record behind any yield figure.
Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.
MARKEL GROUP INC. files under SIC 6331 — all 20 fire, marine & casualty insurance companies compared on assets and F-score.
The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.
Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.
