Markel reports Q2 EPS $50.09 vs. ($69.15) last year

Reports Q2 Markel Ventures operating revenue $1.39B vs, $1.36B last year. “Insurance, Investments, and Markel Ventures all contributed to solid operating results in the second quarter,” said Tom Gayner, CEO. “Markel Ventures recorded strong margins and cash flows, our insurance business increased gross written premiums while maintaining our long-term discipline of profitable underwriting and conservative reserving, and investment income grew significantly amid higher interest rates. I am grateful to the more than 20,000 people in our family of companies who work every day to drive results like these as we continue our journey to build one of the world’s great companies.”