Non-Current Assets

Reinsurance recoverables

Markel Reinsurance recoverables increased by 4.0% to $15.20B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 20.4%, from $12.62B to $15.20B. Over 5 years (FY 2020 to FY 2025), Reinsurance recoverables shows an upward trend with a 19.5% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2026

How to read this metric

An increase indicates higher reliance on reinsurance, while a decrease suggests lower risk transfer or successful collection of claims.

Detailed definition

This represents the amount the company expects to collect from reinsurers for claims that have been paid or for reserves...

Peer comparison

Highly dependent on the company's reinsurance strategy and the severity of recent loss events.

Metric ID: ins_reinsurance_recoverables

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$6.48B$6.94B$7.29B$7.19B$7.32B$8.26B$8.45B$8.59B$8.30B$8.53B$9.24B$9.58B$9.76B$10.75B$11.60B$12.62B$12.79B$12.99B$14.62B$15.20B
QoQ Change+7.1%+5.0%-1.4%+1.7%+12.9%+2.3%+1.6%-3.4%+2.9%+8.2%+3.7%+1.9%+10.1%+8.0%+8.7%+1.4%+1.6%+12.5%+4.0%
YoY Change+12.8%+18.9%+15.8%+19.4%+13.4%+3.3%+9.3%+11.5%+17.6%+25.9%+25.7%+31.8%+31.1%+20.9%+25.9%+20.4%
Range$6.48B$15.20B
CAGR+19.6%
Avg YoY Growth+19.0%
Median YoY Growth+19.2%
Current Streak11 quarters growth

Frequently Asked Questions

What is Markel's reinsurance recoverables?
Markel (MKL) reported reinsurance recoverables of $15.20B in Q1 2026.
How has Markel's reinsurance recoverables changed year-over-year?
Markel's reinsurance recoverables increased by 20.4% year-over-year, from $12.62B to $15.20B.
What is the long-term trend for Markel's reinsurance recoverables?
Over 5 years (2020 to 2025), Markel's reinsurance recoverables has grown at a 19.5% compound annual growth rate (CAGR), from $5.99B to $14.62B.
What does reinsurance recoverables mean?
The amount the company is owed by its reinsurers for claims and ceded reserves.