Business Segments · Other Underwriting Expense
Financial — Other Underwriting Expense
Markel Financial — Other Underwriting Expense increased by 17.2% to $20.54M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.7%, from $18.07M to $20.54M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ1 2026
How to read this metric
Lower expenses relative to premiums indicate higher operational efficiency and better cost control.
Detailed definition
Operating expenses related to the underwriting process, excluding acquisition costs and claims expenses. This includes a...
Peer comparison
Comparable to 'underwriting expense ratio' components at other insurance carriers.
Metric ID:
mkl_segment_financial_other_underwriting_expenseHistorical Data
11 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $16.36M | $16.36M | $16.36M | $16.36M | $17.11M | $17.98M | $18.07M | $19.21M | $17.84M | $17.52M | $20.54M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +4.6% | +5.1% | +0.5% | +6.4% | -7.2% | -1.8% | +17.2% |
| YoY Change | — | — | — | — | +4.6% | +9.9% | — | — | +4.2% | -2.6% | +13.7% |
Range$16.36M – $20.54M
CAGR+9.5%
Avg YoY Growth+6.0%
Median YoY Growth+4.6%
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Frequently Asked Questions
- What is Markel's financial — other underwriting expense?
- Markel (MKL) reported financial — other underwriting expense of $20.54M in Q1 2026.
- How has Markel's financial — other underwriting expense changed year-over-year?
- Markel's financial — other underwriting expense increased by 13.7% year-over-year, from $18.07M to $20.54M.
- What does financial — other underwriting expense mean?
- General administrative costs associated with running the insurance underwriting operations.