Risk factors

Markel Group (MKL) risk factors

Item 1A of every Markel Group Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    41 risks3 new17 reworded

    Insurance capital risks now emphasize equity-market declines and potential rating downgrades affecting regulatory capital, liquidity, and borrowing costs.

    Filed Feb 26, 2026
  • FY2024 10-K risk factors
    38 risks

    Insurance underwriting faces catastrophe losses, reserve uncertainty, reinsurance dependence and cyclical pricing pressure.

    Filed Feb 24, 2025