** Shares of insurer Markel Group MKL.N jump as much as 7.9%; last up 6.7% at $1,984.11
** MKL late Wednesday announced a business review of its operations focused on the performance of its specialty insurance business
** Move comes after activist investor JANA Partners pushed for changes at the company
** Insurance is at the heart of what we do, and we're fully committed to supporting areas within insurance that are excelling while also addressing underperformance - MKL
** Co will also consider ways to simplify its structure as part of the review
** MKL shares jumped 21.6% in 2024
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))
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