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MKL

Markel

$1,093.89

3.19 (0.29%)

16:47
10/11/17
10/11
16:47
10/11/17
16:47

Markel sees Q3 pre-tax underwriting losses of $503M from hurricanes, earthquake

Markel Corporation announced that it expects to report third quarter pre-tax underwriting losses of $503M, net of reinstatement premiums, from Hurricanes Harvey, Irma and Maria as well as the Mexico City earthquakes. The company's estimate for the hurricane and earthquake losses is based on claims received to date and detailed policy level reviews, industry loss estimates, output from both industry and proprietary models as well as a review of in-force contracts. The company's estimate is preliminary and dependent on broad assumptions about coverage, liability and reinsurance. Accordingly, the company's actual net losses from these events may differ materially from this estimate.

MKL Markel
$1,093.89

3.19 (0.29%)

11/17/16
WBLR
11/17/16
DOWNGRADE
WBLR
Market Perform
Markel downgraded to Market Perform from Outperform at William Blair
William Blair analyst Adam Klauber downgraded Markel to Market Perform saying investors should take a more cautious approach to most commercial Property & Casualty Insurance stocks in the near term. The analyst expects underwriting margins to contract and lead to lower earnings in 2017 and 2018.
03/02/17
BOSC
03/02/17
INITIATION
Target $1050
BOSC
Outperform
Markel initiated with an Outperform at Boenning & Scattergood
Boenning & Scattergood analyst Robert Farnam initiated Markel with an Outperform and a $1,050. The analyst said Markel has a history of strong growth with large reserve redundancy and potentially significant off-balance sheet unrealized gains, providing comfort that book value is understated.
08/01/17
JMPS
08/01/17
DOWNGRADE
JMPS
Market Perform
State National downgraded to Market Perform from Outperform at JMP Securities
JMP Securities downgraded State National (SNC) to Market Perform citing the takeover by Markel (MKL).

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RMP

Rice Midstream

$20.33

-0.56 (-2.68%)

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ASND

Ascendis Pharma

$58.00

-1 (-1.69%)

03:44
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Ascendis Pharma 3.947M share Secondary priced at $57.00 »

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    Feb

EVTC

Evertec

$16.05

-0.15 (-0.93%)

03:42
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WRI

Weingarten Realty

$27.15

-0.55 (-1.99%)

03:37
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MNTA

Momenta

$16.35

0.4 (2.51%)

03:36
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03:36
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Momenta upgraded to Buy…

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HOC

Holly

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CLVS

Clovis

$54.93

1.22 (2.27%)

03:34
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  • 26

    Feb

HST

Host Hotels

$19.22

-0.29 (-1.49%)

03:34
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  • 22

    Feb

SLCA

U.S. Silica

$25.15

-5.6 (-18.21%)

03:33
02/22/18
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03:33
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  • 30

    May

JELD

Jeld-Wen

$34.50

-3.14 (-8.34%)

03:33
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TEO

Telecom Argentina

$34.09

-0.19 (-0.55%)

03:32
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03:32
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Telecom Argentina rating change  »

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03:30
02/22/18
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General news
FX Action: USD-CAD clocked a two-month high »

FX Action: USD-CAD…

JELD

Jeld-Wen

$34.50

-3.14 (-8.34%)

03:27
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03:27
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ALKS

Alkermes

$63.19

-1.56 (-2.41%)

03:27
02/22/18
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03:27
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MSA

MSA Safety

$80.25

3.79 (4.96%)

03:25
02/22/18
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  • 12

    Mar

02:50
02/22/18
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General news
FX Update: The dollar has continued to mostly trade firmer »

FX Update: The dollar…

02:15
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General news
Asian Market Summary: »

Asian Market Summary:…

00:00
02/22/18
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00:00
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General news
Breaking General news story  »

Federal Reserve Vice…

NEM

Newmont Mining

$38.16

-0.23 (-0.60%)

, HRL

Hormel Foods

$32.68

-1.12 (-3.31%)

20:25
02/21/18
02/21
20:25
02/21/18
20:25
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

NEM

Newmont Mining

$38.16

-0.23 (-0.60%)

HRL

Hormel Foods

$32.68

-1.12 (-3.31%)

APA

Apache

$37.20

-1.1 (-2.87%)

LDOS

Leidos

$65.21

-1.02 (-1.54%)

W

Wayfair

$95.69

-0.61 (-0.63%)

OA

Orbital ATK

$131.80

-0.02 (-0.02%)

TREE

LendingTree

$371.25

-7.8 (-2.06%)

SFM

Sprouts Farmers Market

$26.12

0.12 (0.46%)

TPX

Tempur Sealy

$54.97

1.17 (2.17%)

SAFM

Sanderson Farms

$128.00

-3.44 (-2.62%)

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AIMT

Aimmune

$32.21

-2.75 (-7.87%)

20:04
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20:04
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20:04
Syndicate
Aimmune 5.5M share Secondary priced at $32.00 »

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  • 02

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20:00
02/21/18
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20:00
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General news
Breaking General news story  »

Minneapolis Federal…

NUAN

Nuance

$16.28

-0.28 (-1.69%)

19:10
02/21/18
02/21
19:10
02/21/18
19:10
Periodicals
Nuance discontinues Swype feature development, Verge reports »

Nuance has ceased…

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  • 26

    Feb

SSNLF

Samsung

, QCOM

Qualcomm

$63.40

-0.59 (-0.92%)

19:04
02/21/18
02/21
19:04
02/21/18
19:04
Hot Stocks
Samsung, Qualcomm expand foundry cooperation on EUV process technology »

Samsung Electronics…

SSNLF

Samsung

QCOM

Qualcomm

$63.40

-0.59 (-0.92%)

03/08/13
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  • 26

    Feb

  • 06

    Mar

CATY

Cathay General

$42.84

0.43 (1.01%)

18:59
02/21/18
02/21
18:59
02/21/18
18:59
Hot Stocks
Cathay General executive chairman Cheng sells 25,000 common shares »

In a regulatory filing,…

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SUN

Sunoco

$30.00

-0.08 (-0.27%)

18:42
02/21/18
02/21
18:42
02/21/18
18:42
Earnings
Sunoco reports Q4 EPS $2.01, may not compare to consensus 35c »

Reports Q4 revenue $3B,…

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  • 22

    Feb

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