Leucadia National (NYSE:LUK) and Markel (NYSE:MKL) are both often referred to as "baby Berkshires" -- but how are these two companies affected in a rising interest rate environment? 

In the following video, Motley Fool banking analysts Matt Koppenheffer and David Hanson answer a question from a viewer regarding the impacts of rising rates on the bond portfolios of insurances and which companies can successful navigate this environment.

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David Hanson and Matt Koppenheffer own shares of Berkshire Hathaway and Markel. The Motley Fool recommends Berkshire Hathaway, Leucadia National, and Markel. The Motley Fool owns shares of Berkshire Hathaway, Leucadia National, and Markel. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.