Discontinued — last reported Q2 '25

Business Segments · Net investment gains (losses)

Investing — Net investment gains (losses)

Markel Investing — Net investment gains (losses) increased by 489.2% to $580.22M in Q2 2025 compared to the prior quarter. Year-over-year, this metric grew by 546.3%, from -$130.02M to $580.22M. Over 2 years (FY 2021 to FY 2024), Investing — Net investment gains (losses) shows relatively stable performance with a -4.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2016
Last reportedQ2 2025

How to read this metric

Positive values indicate successful market timing or asset appreciation, while negative values reflect market downturns or realized losses.

Detailed definition

The realized and unrealized changes in the fair value of the investment portfolio, reflecting market fluctuations and st...

Peer comparison

Highly comparable across financial institutions, though accounting treatment for unrealized gains can vary by jurisdiction.

Metric ID: mkl_segment_investing_net_investment_gains_losses

Historical Data

16 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25
Value$674.75M-$25.83M$802.74M-$358.40M-$1.55B-$281.48M$372.56M$484.53M-$265.92M$932.88M$902.28M-$130.02M$917.53M$117.43M-$149.07M$580.22M
QoQ Change-103.8%>999%-144.6%-333.8%+81.9%+232.4%+30.1%-154.9%+450.8%-3.3%-114.4%+805.7%-87.2%-226.9%+489.2%
YoY Change-330.4%-989.6%+204.0%+131.2%+5.5%+142.2%-126.8%+445.0%-87.4%-116.5%+546.3%
Range-$1.55B$932.88M
CAGR-3.9%
Avg YoY Growth-16.1%
Median YoY Growth+5.5%

Frequently Asked Questions

What is Markel's investing — net investment gains (losses)?
Markel (MKL) reported investing — net investment gains (losses) of $580.22M in Q2 2025.
How has Markel's investing — net investment gains (losses) changed year-over-year?
Markel's investing — net investment gains (losses) increased by 546.3% year-over-year, from -$130.02M to $580.22M.
What is the long-term trend for Markel's investing — net investment gains (losses)?
Over 2 years (2021 to 2024), Markel's investing — net investment gains (losses) has grown at a -4.4% compound annual growth rate (CAGR), from $1.98B to $1.81B.
What does investing — net investment gains (losses) mean?
The net change in value of the company's investment portfolio due to market performance.