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Markel Group (LTS:0JYM) Other Long-Term Liabilities


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What is Markel Group Other Long-Term Liabilities?

Other Long-Term Liabilities does not apply to banks and insurance companies.


Markel Group (LTS:0JYM) Business Description

Address
4521 Highwoods Parkway, Glen Allen, VA, USA, 23060-6148
Markel's primary business is property and casualty insurance, and the company focuses primarily on specialty lines, ranging from areas such as executive liability to commercial equine insurance. The acquisition of Alterra in 2013 added substantial reinsurance operations, which now account for a little less than 15% of premiums. The company uses capital generated by its insurance operations to buy noninsurance operations in diverse areas, such as bakery equipment manufacturing and residential homebuilding.