MARKEL GROUP INC. — Director's Dealing 2010

Jan 14, 2010

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: MARKEL CORP (MKL)
CIK: 0001096343
Period of Report: 2010-01-11

Reporting Person: Latham John K (Managing Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6941.5110	Direct
Common Stock	1343.045	Indirect

Footnotes

F1: Includes 676 restricted stock units granted pursuant to the Markel Corporation Omnibus Incentive Plan, of which 120 units will vest on December 31, 2010, 271 units will vest on December 31, 2011, and 285 units will vest on December 31, 2012.

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 December 31, 2009 and utilizes the closing stock price on that date of $340.00. As of December 31, 2009, a unit under the Plan represented one share of Common Stock.