- 2024 Shareholder Letter Markel Group reported $3.7 billion of operating income, a 95.2% insurance combined ratio, and 20.1% equity-investment returns against the S&P 500’s 25.0%. Management cited strong Markel International results and $5.1 billion of Ventures revenue, while targeting further improvement in underperforming U.S. specialty lines and technology. 2024 BRK.A $1.1T
One letter so far. We collect each new one as Markel Group publishes it.
