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0 -2.24720363597344E-05 0.000595508963533472 0.000595508963533472 0.00162360462699234 0.00167978471789168 -0.00166854869971181 -0.00166854869971181
Stock impact report

Markel to acquire leading specialist marine MGA, The MECO Group Limited

Markel Corporation (MKL) 
Last markel corporation earnings: 4/28 04:54 pm Check Earnings Report
US:NYSE Investor Relations: markelcorp.com/investor-relations
Company Research Source: PR Newswire
LONDON, April 16, 2025 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE:MKL), today announced it has entered into an agreement to purchase The MECO Group Limited (MECO), subject to regulatory approval.Founded in 1974, MECO is a leading, independent specialist marine managing general agent (MGA) based out of London, Dubai and Shanghai. It specialises in providing marine insurance products and services to a diverse range of global marine clients, including charterers and traders, shipowners and entities engaged in maritime operations and global supply chains. It wrote US$63 million GWP in 2024.MECO provides coverage through its three core insurance brands – The Charterers P&I Club, Transmarine, Aurora P&I and offers complementary legal services through its law firm True North. Its insurance business brings in-depth expertise of underwriting several specialist marine classes that are complementary to Markel's existing marine business, including charterers P Show less Read more
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