MARKEL GROUP INC. — Director's Dealing 2010

Dec 16, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARKEL CORP (MKL)
CIK: 0001096343
Period of Report: 2010-12-15

Reporting Person: Crowley F. Michael (President & Co-COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-15	Common Stock	F	190	$368.42	Disposed	5256	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	20.496	Indirect

Footnotes

F1: Includes 587 restricted stock units awarded pursuant to the Markel Corporation Omnibus Incentive Plan, which units will vest on December 15, 2011, and 2,780 restricted stock units awarded pursuant to the Markel Corporation Omnibus Incentive Plan of which, subject to certain conditions, twenty percent will vest on May 10, 2011 and the balance will vest on May 10, 2015.

F2: Holdings under the Markel Corporation 401(K) Plan are reported in units. The information reported herein is based on a plan statement dated as of September 30, 2010 and utilizes the closing stock price on that date of $344.59. As of September 30, 2010, a unit under the Plan represented one share of Common Stock.