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Insurance Brokers M&A image Insurance Brokers M&A » By The Online Investor Staff, updated Mon., Nov. 29, 7:57 PM Recent mergers and acquisitions in the Insurance Brokers M&A category.

Slide #90. Markel Corporation Alterra Capital Holdings Limited

Acquirer: Markel Corporation (MKL)
Acquiree: Alterra Capital Holdings Limited (ALTE)
Details: Markel Corporation ("Markel") (NYSE: MKL) announced today that it has completed its acquisition of Alterra Capital Holdings Limited ("Alterra") (NASDAQ: ALTE; BSX: ALTE.BH). The closing follows receipt of all necessary regulatory approvals and votes in favor of the transaction by the shareholders of the two companies in February.

Markel is a financial holding company. Co.'s main business markets and underwrites specialty insurance products. Co.'s insurance business operations include: Underwriting, which comprised of insurance and reinsurance operations; Insurance-linked securities (ILS), which include insurance and investment fund managers that provides investment products such as ILS and catastrophe bonds; and Program services, which writes insurance products including general liability insurance. Co.'s investing activities are related to its underwriting operations. Through its subsidiary, Markel Ventures, Inc. Co. owns interests in various businesses that operate outside of the specialty insurance marketplace.

MKL SEC Filing Email Alerts Service


Open the MKL Page at The Online Investor »

Markel is a financial holding company. Co.'s main business markets and underwrites specialty insurance products. Co.'s insurance business operations include: Underwriting, which comprised of insurance and reinsurance operations; Insurance-linked securities (ILS), which include insurance and investment fund managers that provides investment products such as ILS and catastrophe bonds; and Program services, which writes insurance products including general liability insurance. Co.'s investing activities are related to its underwriting operations. Through its subsidiary, Markel Ventures, Inc. Co. owns interests in various businesses that operate outside of the specialty insurance marketplace.

MKL SEC Filing Email Alerts Service


Open the ALTE Page at The Online Investor »

Company Name: 
Markel Corp (Holding Co)
Stock buyback: 
MKL buyback
Website: 
www.markel.com
Sector: 
Insurance Brokers
Number of ETFs Holding MKL: 
65
Total Market Value Held by ETFs: 
$1.86B
Total Market Capitalization: 
$17.48B
% of Market Cap. Held by ETFs: 
10.65%
Company Name: 
Alterra Capital Holding Ltd.
Stock buyback: 
ALTE buyback
Website: 
www.alterracap.com
Sector: 
Insurance Brokers
 

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