Markel Corporation: Semiannual Update
FINANCIAL INSTITUTIONS CREDIT OPINION 18 August 2017 Update RATINGS Markel Corporation Domicile Glen Allen, Virginia, United States Long Term Rating Baa2 Type Senior Unsecured - Dom Curr Outlook Stable Please see the ratings section  at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Analyst Contacts Jasper CoopeMarkel is a financial holding company. The company's business operations are: Underwriting, which comprised of risk-bearing insurance and reinsurance operations; Investing, which is primarily related to underwriting operations; Markel Ventures, Inc., includes controlling interests in a portfolio of businesses that operate outside of the specialty insurance marketplace; Insurance-linked securities, which include investment fund managers that provide investment products, including insurance-linked securities, catastrophe bonds, insurance swaps and weather derivatives; and Program services, which serves as a fronting platform that provides access to property and casualty insurance market.
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