MARKEL GROUP INC. — Director's Dealing 2010

Nov 26, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARKEL CORP (MKL)
CIK: 0001096343
Period of Report: 2010-11-24

Reporting Person: MARKEL ANTHONY F (Director, Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-24	Common Stock	S	1100	$359.2057	Disposed	102565	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4327	Indirect
Common Stock	6220	Indirect
Common Stock	33181	Indirect
Common Stock	3366	Indirect
Common Stock	2850	Indirect
Common Stock	1961	Indirect
Common Stock	2443	Indirect

Footnotes

F1: Sales were effected in twelve separate transactions at prices ranging from $356.55 to $361.25. Mr. Markel will provide upon request by the Securities and Exchange Commission staff, the issuer, or any security holder of the issuer, full information regarding the number of shares sold at each separate price.

F2: Mr. Markel is Trustee under a charitable lead unitrust in which his children have remainder interests. Beneficial ownership of securities is expressly disclaimed.

F3: Mr. Markel is the Trustee under trusts for the benefit of himself and his children.

F4: Mr. Markel is a Trustee and partial beneficiary of a series of Grantor Retained Annuity Trusts. The total reported herein reflects the aggregate of all such trusts.

F5: Mr. Markel is Trustee of irrevocable trusts for the benefit of his children. Beneficial ownership of securities is expressly disclaimed.

F6: Mr. Markel is the Trustee of a trust for the benefit of his children and their descendants and in which Mr. Markel retains a partial interest. Mr. Markel disclaims beneficial ownership of the shares held in the trust except to the extent of his partial interest.