Businessweek

Markel Chairman and CEO Alan Kirshner announced that the company will add two new businesses: Markel Global Insurance, dealing with large commercial accounts, and Markel Global Reinsurance. The new businesses will join the existing Markel Specialty, Markel Wholesale and Markel International units.

On May 1, 2013, upon the completion of the Merger, the number of directors of Markel Corp. was increased to twelve and Michael O'Reilly and K. Bruce Connell became members of Markel's Board of Directors. Michael O'Reilly served as Chairman of the Board of Alterra from May 2010 until the closing of the Merger.

Markel Corp. reported earnings results for the first quarter ended March 31, 2013. For the period, total operating revenues grew 12% to $820 million from $733 million in 2012. The increase is due to a 6% increase in revenues from insurance operations and a 67% increase in revenues from Markel Ventures. Net written premiums were approximately $663 million, up 14% to the prior year. Net income to shareholders was $89 million as compared to $57 million in 2012. Book value per share increased 7% to $431 per share at March 31, 2013, from $404 per share at year end. Net cash provided by operating activities was $56 million that compares to net cash used by operating activities of $64 million for the first quarter of 2012. The increase in net cash provided by operating activities during the first quarter of 2013 was driven by higher cash flows from underwriting activities as a result of increased volumes primarily in the Specialty Admitted segment and decreased claims settlement activity as compared to the first quarter of 2012.

Markel Corp., Q1 2013 Earnings Call, May 01, 2013

Markel Corp., Annual General Meeting, May 13, 2013., at 16:30 US Eastern Standard Time. Location: Richmond CenterStage. Agenda: To elect the members of the Board of Directors to serve until the next annual meeting of shareholders; To ratify the selection of KPMG LLP by the Audit Committee of the Board of Directors as the Company’s independent registered public accounting firm for the year ending December 31, 2013; and To transact such other business as may properly come before the meeting.