Activist Jana calls on Markel to focus on insurance. Here’s how the firm can help create value
Publishing timestamp: 2024-12-14 07:24:06
Summary
Jana, an activist investor, is urging Markel Group to improve its insurance operations and explore selling its private investments business. The company has underperformed its peers due to capital allocation and operational issues. Jana recommends improving the core business and divesting the Ventures business to increase shareholder value.
Sentiment: MIXED
Tickers: MKL,
Keywords: markel corp, business news, hedge funds, investment strategy,