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Markel Corporation (MKL) [hlAlert]

Rating:
Hold MKL

Markel Corporation (MKL) rated Hold by Citigroup

Posted on: Tuesday,  Jan 8, 2008  8:25 AM ET by Citigroup

Markel Corp
(MKL) rated Hold by Citigroup.

Markel Corporation markets and underwrites specialty insurance products and programs to a range of markets. The Company has three segments of the specialty insurance marketplace: the Excess and Surplus Lines (E and S), the Specialty Admitted and the London markets. The E and S market focuses on hard-to-place risks and loss exposures that generally cannot be written in the standard market. E and S eligibility allows its insurance subsidiaries to underwrite loss exposures with policy forms and unregulated premium rates. The Company also writes business in the Specialty Admitted market. In addition, the Company writes business on both a direct and subscription basis in the London market.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/8/2008 8:25 AM Hold
None
474.93
as of 12/24/2008
1 Week up  1.09 %
1 Month up  10.97 %
3 Months up  0.02 %
1 YTD down  -36.45 %

(*) Stock Price at the time of the recommendation.
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