Markel Group Inc. · NYSE:MKL
Markel — Merger or Acquisition (July 2010)
10 slides from Markel's merger presentation, Jul 19, 2010
Slide 1: Welcome to Markel!
Welcome to Markel!
Slide 2: Slide 2
Slide 3: A History Still in the Making
– A History Still in the Makin g 1930 Service Formed Essex Insurance Company 1980 Wall Street Shand Morahan & Co. Rhulen Agency Investors Underwriting Managers 1986 American Underwriting Managers Gryphon Terra Nova Acceptance West Brittany Black/White & Assoc. Prairie State Cambridge Specialized Ins
Slide 4: Model for Profit
GROSS PREMIUMS REINSURER PREMIUMS TOTAL INVESTMENT PORTFOLIO Premium Cash Flow Shareholders’ Equity UNDERWRITING PROFITS NET PREMIUMS RETAINED SHAREHOLDERS INVESTMENT PROFITS MODEL FOR PROFIT
Slide 5: Book Value Growth
Book Value Growth $0 $25 $50 $75 $100 $125 $150 $175 $200 $225 $250 $275 $300 *Includes the effect of issuing stock in the Terra Nova transaction in 2000 and 2 Equity Offerings in 2001.
Slide 6: 2009 Consolidated Gross Premium Volume
Excess and Surplus Lines Specialty Admitted Markel Corporation 2009 Consolidated Gross Premium Volume ($1.9 billion) 34% 16% 50% London Insurance Market
Slide 7: Excess and Surplus Lines Segments
Excess and Surplus Lines Se g ments 2009 Gross Premium Volume ($1.0 Billion) 4% 3% 3% 30% 27% 23% 5% 5% Professional and Products Liability Property and Casualty Miscellaneous Coverages Environmental Excess and Umbrella Transportation Inland Marine Ocean Marine
Slide 8: Specialty Admitted Segments
Property & Casualty Markel Risk Solutions 30% 13% 9% 9% 5% 34% Accident & Health Markel Specialty 2009 Gross Premium Volume ($210 Million)
Slide 9: Markel American Specialty Personal & Commercial Lines
Marine Property 25% 12% 5% 58% Recreational Vehicle Markel American Specialty Personal & Commercial Lines 2009 Gross Premium Volume ($90 Million)
Slide 10: London Insurance Market Segment
Professional & Financial Risks Specialty Non-Marine Property Retail 25% 16% 13% 9% 3% 34% Marine & Energy London Insurance Market Se g ment 2009 Gross Premium Volume ($641 Million)