Discontinued — last reported Q4 '24
Markel Insurance — Reinsurance recoverable on unpaid losses increased by 30.4% to $4.13B in Q4 2024 compared to the prior quarter.
An increase suggests higher risk transfer, while a decrease may indicate lower reinsurance usage or successful collection of claims.
This metric represents the amount of unpaid insurance losses that the company expects to recover from its reinsurers. It...
Standard balance sheet item for insurance companies, comparable across the industry based on reinsurance strategy.
mkl_segment_insurance_reinsurance_recoverable_on_unpaid_losses| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|---|
| Value | $2.18B | $2.43B | $3.17B | $4.13B |
| QoQ Change | — | +11.2% | +30.6% | +30.4% |
| YoY Change | — | +11.2% | +30.6% | +30.4% |