# MARKEL GROUP INC. (MKL) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from MARKEL GROUP INC.'s 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/MKL/mda/fy2025/): filed 2026-02-26; accession 0001096343-26-000020 (https://www.sec.gov/Archives/edgar/data/1096343/000109634326000020/mkl-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/MKL/mda/fy2024/): filed 2025-02-24; accession 0001096343-25-000027 (https://www.sec.gov/Archives/edgar/data/1096343/000109634325000027/mkl-20241231.htm)
- [FY 2023 MD&A](/company/MKL/mda/fy2023/): filed 2024-02-23; accession 0001096343-24-000025 (https://www.sec.gov/Archives/edgar/data/1096343/000109634324000025/mkl-20231231.htm)
- [FY 2022 MD&A](/company/MKL/mda/fy2022/): filed 2023-02-17; accession 0001096343-23-000033 (https://www.sec.gov/Archives/edgar/data/1096343/000109634323000033/mkl-20221231.htm)
- [FY 2021 MD&A](/company/MKL/mda/fy2021/): filed 2022-02-18; accession 0001096343-22-000039 (https://www.sec.gov/Archives/edgar/data/1096343/000109634322000039/mkl-20211231.htm)

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