Tom Gayner Says 2012 Was Phenomenal, Alterra Was Great BuyVW Staff
Markel Corporation (NYSE:MKL) was busy with profits and acquisitions in the last fiscal year. The most notable buys from Markel in 2012 were, Thompson Insurance Enterprises, Essentia Insurance Company. Additionally, Tom Gayner's insurance company announced that it was buying Alterra Capital Holdings Ltd (NASDAQ:ALTE). On the investment side, Markel returned 20 percent on its equity holdings and 5 percent on fixed income portfolio, which overall generated a return of 9 percent for 2012. Markel has averaged a 10 percent return on its investment portfolio over the last twenty years versus an 8 . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible