Markel Group delivered robust results in Q3 2025, with all reportable segments contributing positively to strong cash flows and improved profitability, emphasizing the effectiveness of their strategic initiatives.

• Achieved a combined ratio of 93% in the insurance segment, down from 97% year-over-year, reflecting enhanced operational efficiency.
• Generated nearly $13 billion in cumulative operating income over the trailing five years, providing strong financial flexibility for reinvestment and shareholder returns.
• Returned approximately $1.9 billion to shareholders via share repurchases since the end of 2020, effectively reducing the share count from 13.8 million to 12.6 million.
• Demonstrated an 8.4% return on equity investments and maintained strong fixed income yields, indicating a conservative and effective investment strategy.
• Enhanced financial disclosures to improve transparency, now reporting results across four distinct business segments for better investor insights.