Hagerty

RICHMOND – October 29, 2026 -- Markel Group Inc. (NYSE: MKL) reported third-quarter adjusted operating income of $707 million, up 14% from $621 million a year earlier, as its insurance and industrial units improved profitability.

Operating revenues rose 6% in the quarter and 2% year to date. Operating income, which includes market movements in the equity portfolio, was $383 million for the quarter and $1.7 billion for the nine months.

Nine-month adjusted operating income slips 2% to $1.6 billion

Adjusted operating income excludes equity portfolio market movements. For the first nine months it totaled $1.6 billion, down 2% from $1.7 billion in the same period of 2025, so the third-quarter gain only partly offset earlier weakness.