Discontinued — last reported Q4 '24
Business Segments · Unearned premiums
Insurance — Unearned premiums
Markel Insurance — Unearned premiums decreased by 0.6% to $4.28B in Q4 2024 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2017
Last reportedQ4 2024
Rolls up toUnearned premiums
How to read this metric
Growth in this metric indicates an expanding book of business and future revenue recognition, while a decline suggests shrinking policy volume.
Detailed definition
The portion of written premiums that relates to the unexpired period of insurance policies. This represents a liability...
Peer comparison
Standard liability item for all insurance companies, often referred to as Unearned Premium Reserve (UPR).
Metric ID:
mkl_segment_insurance_unearned_premiumsHistorical Data
4 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|---|
| Value | $3.35B | $4.02B | $4.31B | $4.28B |
| QoQ Change | — | +19.9% | +7.3% | -0.6% |
| YoY Change | — | +19.9% | +7.3% | -0.6% |
Range$3.35B – $4.31B
Avg YoY Growth+8.9%
Median YoY Growth+7.3%
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Frequently Asked Questions
- What is Markel's insurance — unearned premiums?
- Markel (MKL) reported insurance — unearned premiums of $4.28B in Q4 2024.
- What does insurance — unearned premiums mean?
- Premiums collected for coverage that has not yet been provided.