Current Liabilities
Reinsurance balances payable
Markel Reinsurance balances payable decreased by 3.1% to $1.62B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 12.3%, from $1.84B to $1.62B. Over 5 years (FY 2020 to FY 2025), Reinsurance balances payable shows an upward trend with a 27.6% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026
How to read this metric
An increase indicates higher utilization of reinsurance, which may be a strategic choice to reduce net risk exposure.
Detailed definition
This represents the net amount owed to reinsurers for premiums ceded under reinsurance contracts and for their share of...
Peer comparison
Varies significantly based on the company's reinsurance strategy and the specific risk profile of the insurance lines written.
Metric ID:
ins_reinsurance_balances_payableHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $671.82M | $579.91M | $616.67M | $634.09M | $703.48M | $685.29M | $669.74M | $800.37M | $972.19M | $924.60M | $1.04B | $1.24B | $1.42B | $1.45B | $1.43B | $1.84B | $1.72B | $1.80B | $1.67B | $1.62B |
| QoQ Change | — | -13.7% | +6.3% | +2.8% | +10.9% | -2.6% | -2.3% | +19.5% | +21.5% | -4.9% | +12.2% | +19.3% | +14.6% | +2.1% | -1.0% | +28.4% | -6.5% | +4.4% | -7.3% | -3.1% |
| YoY Change | — | — | — | — | +4.7% | +18.2% | +8.6% | +26.2% | +38.2% | +34.9% | +54.9% | +54.7% | +46.0% | +56.7% | +38.3% | +48.9% | +21.5% | +24.2% | +16.2% | -12.3% |
Range$579.91M – $1.84B
CAGR+20.3%
Avg YoY Growth+30.0%
Median YoY Growth+30.6%
Current Streak2 quarters decline
Reinsurance balances payable at Other Companies
Frequently Asked Questions
- What is Markel's reinsurance balances payable?
- Markel (MKL) reported reinsurance balances payable of $1.62B in Q1 2026.
- How has Markel's reinsurance balances payable changed year-over-year?
- Markel's reinsurance balances payable decreased by 12.3% year-over-year, from $1.84B to $1.62B.
- What is the long-term trend for Markel's reinsurance balances payable?
- Over 5 years (2020 to 2025), Markel's reinsurance balances payable has grown at a 27.6% compound annual growth rate (CAGR), from $493.47M to $1.67B.
- What does reinsurance balances payable mean?
- Money owed to reinsurance companies for premiums paid to transfer risk or for claims recoveries.