Discontinued — last reported Q4 '24

Business Segments · Unpaid losses and loss adjustment expenses

Other underwriting — Unpaid losses and loss adjustment expenses

Markel Other underwriting — Unpaid losses and loss adjustment expenses decreased by 9.4% to $149.52M in Q4 2024 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ4 2024

How to read this metric

A significant increase may indicate rising claim frequency or severity, potentially impacting future profitability.

Detailed definition

This represents the total estimated liability for claims that have been reported but not yet paid, as well as claims tha...

Peer comparison

A fundamental reserve metric for all insurance and reinsurance entities.

Metric ID: mkl_segment_other_underwriting_unpaid_losses_and_loss_adjustment_expenses

Historical Data

4 periods
 Q4 '21Q4 '22Q4 '23Q4 '24
Value$271.36M$197.60M$165.07M$149.52M
QoQ Change-27.2%-16.5%-9.4%
YoY Change-27.2%-16.5%-9.4%
Range$149.52M$271.36M
Avg YoY Growth-17.7%
Median YoY Growth-16.5%
Current Streak3+ quarters decline

Frequently Asked Questions

What is Markel's other underwriting — unpaid losses and loss adjustment expenses?
Markel (MKL) reported other underwriting — unpaid losses and loss adjustment expenses of $149.52M in Q4 2024.
What does other underwriting — unpaid losses and loss adjustment expenses mean?
The total estimated cost of all claims that have occurred but have not yet been fully paid.