{"id":2222,"date":"2021-08-04T17:47:04","date_gmt":"2021-08-04T15:47:04","guid":{"rendered":"http:\/\/www.blog.asmus-puhl.com\/?p=2222"},"modified":"2021-08-04T17:47:04","modified_gmt":"2021-08-04T15:47:04","slug":"markel-released-very-good-q2-2021-results","status":"publish","type":"post","link":"http:\/\/www.blog.asmus-puhl.com\/?p=2222","title":{"rendered":"Markel released very good Q2 2021 results!"},"content":{"rendered":"\n<p>Markel Corp. (NYSE:MKL) today <a href=\"https:\/\/www.markel.com\/about-markel\/press-releases\/markel-reports-2021-second-quarter-and-six-months-results-16741\" data-type=\"URL\" data-id=\"https:\/\/www.markel.com\/about-markel\/press-releases\/markel-reports-2021-second-quarter-and-six-months-results-16741\" target=\"_blank\" rel=\"noreferrer noopener\">released Q2 and HY1<\/a> results \u201ethat reflect outstanding performance across all the three engines\u201c as Thomas S. Gayner and Richard R. Whitt, Co-Chief Executive Officers put it.<\/p>\n\n\n\n<p>So how was the performance of those \u201ethree engines\u201c?<\/p>\n\n\n\n<p>Markel continued to achieve double-digit premium growth in their underwriting operations through both organic growth in new business and more favorable rates, and they delivered an 87% combined ratio for the quarter.<\/p>\n\n\n\n<p>Markel Ventures revenues surpassed $1 billion for the quarter,<br \/>This private equity arm of Markel is steadily growing.<\/p>\n\n\n\n<p>Within the investment portfolio, significant gains did result from the equity portfolio.<\/p>\n\n\n\n<p>Book value per common share outstanding grew 10% from $885,72 to $974,45, very solid indeed!<\/p>\n\n\n\n<p>Markel&#8217;s stock at today&#8217;s price of $1&#8217;220 means that it trades at a price\/book ratio of 1.3<br \/>That&#8217;s not very expensive but it reflects its limited earnings power in this low interest environment.<br \/>Markel is a long term buy and will become more interesting when interest rates will finally rise again.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Markel Corp. (NYSE:MKL) today released Q2 and HY1 results \u201ethat reflect outstanding performance across all the three engines\u201c as Thomas S. Gayner and Richard R. Whitt, Co-Chief Executive Officers put it. So how was the performance of those \u201ethree engines\u201c? Markel continued to achieve double-digit premium growth in their underwriting operations through both organic growth [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[54,55],"_links":{"self":[{"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/posts\/2222"}],"collection":[{"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2222"}],"version-history":[{"count":4,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/posts\/2222\/revisions"}],"predecessor-version":[{"id":2226,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/posts\/2222\/revisions\/2226"}],"wp:attachment":[{"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2222"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}