Discontinued — last reported Q4 '24
Markel Insurance — Deferred policy acquisition costs decreased by 8.4% to $648.97M in Q4 2024 compared to the prior quarter.
An increase suggests higher growth in new business acquisition, while a decrease may indicate lower sales volume or changes in commission structures.
Represents the portion of acquisition costs, such as commissions and underwriting expenses, that are capitalized and amo...
Commonly reported by all P&C insurers as Deferred Policy Acquisition Costs (DAC).
mkl_segment_insurance_deferred_policy_acquisition_costs| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|---|
| Value | $574.18M | $677.92M | $708.13M | $648.97M |
| QoQ Change | — | +18.1% | +4.5% | -8.4% |
| YoY Change | — | +18.1% | +4.5% | -8.4% |