Unearned premiums
Markel Unearned premiums decreased by 0.3% to $7.23B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.9%, from $7.69B to $7.23B. Over 5 years (FY 2020 to FY 2025), Unearned premiums shows an upward trend with a 10.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Growth in unearned premiums typically signals successful sales and growth in the insurance portfolio.
Detailed definition
The portion of premiums collected in advance that relates to the unexpired period of the insurance policy. This represen...
Peer comparison
Common across all insurance sectors; serves as a leading indicator for future earned premium revenue.
ins_unearned_premiumsHistorical Data
| 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 | $5.26B | $5.51B | $5.38B | $5.92B | $6.34B | $6.51B | $6.22B | $6.57B | $7.07B | $7.20B | $6.64B | $7.15B | $8.24B | $7.89B | $7.06B | $7.69B | $9.07B | $8.23B | $7.25B | $7.23B |
| QoQ Change | — | +4.7% | -2.3% | +10.0% | +7.0% | +2.8% | -4.5% | +5.6% | +7.6% | +1.8% | -7.7% | +7.7% | +15.2% | -4.3% | -10.4% | +8.9% | +18.0% | -9.3% | -11.9% | -0.3% |
| YoY Change | — | — | — | — | +20.4% | +18.2% | +15.5% | +10.9% | +11.6% | +10.5% | +6.8% | +8.9% | +16.6% | +9.6% | +6.3% | +7.5% | +10.1% | +4.4% | +2.7% | -5.9% |
Business Segments
| Segment | Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 |
|---|---|---|---|---|---|
| Markel Insurance | — | — | — | — | $5.55B |
| Financial | — | — | — | — | $1.82B |
| Insurance | $3.35B | $4.02B | $4.31B | $4.28B | — |
| Market CATCo Re | — | $0.00 | — | — | — |
| Program services and other fronting | — | $1.27B | — | — | — |
| Reinsurance | $802.82M | $921.54M | $901.14M | $933.33M | — |
| Total | $5.38B | $6.22B | $6.64B | $7.06B | $7.25B |
Fronting, Insurance, Market CATCo Re, Program services and other fronting, Reinsurance were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Unearned premiums at Other Companies
Frequently Asked Questions
- What is Markel's unearned premiums?
- Markel (MKL) reported unearned premiums of $7.23B in Q1 2026.
- How has Markel's unearned premiums changed year-over-year?
- Markel's unearned premiums decreased by 5.9% year-over-year, from $7.69B to $7.23B.
- What is the long-term trend for Markel's unearned premiums?
- Over 5 years (2020 to 2025), Markel's unearned premiums has grown at a 10.3% compound annual growth rate (CAGR), from $4.43B to $7.25B.
- What does unearned premiums mean?
- Premiums received for insurance coverage that has not yet been provided.