Investors who've only seen success since 2010 may be shocked by the severe downdraft in growth investments, and seeking safer homes for their money. While its peers and the overall market take a beating, insurance and investing conglomerate Markel (NYSE: MKL) is thriving. Here's why Markel may offer one solution to the uncertainty, inflation and rising interest rates currently accelerating investors' fears.
All property and casualty insurers face two significant headwinds that make predicting future insurance claims difficult. The first notable headwind is increasing litigation over liability. Over the years, as more people have become determined to sue the party deemed responsible for a mishap, juries have awarded larger and larger settlements. Ultimately, insurers pay these unforeseen large settlements.
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For further details see:
3 Reasons Markel Shares Have Outperformed