Discontinued — last reported Q4 '23

Business Segments · Deferred policy acquisition costs

Program services and other fronting — Deferred policy acquisition costs

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2021
Last reportedQ4 2023

How to read this metric

An increase suggests higher upfront spending to acquire new business, which may lead to future revenue recognition.

Detailed definition

Costs incurred in the acquisition of new or renewal insurance contracts that are capitalized and amortized over the life...

Peer comparison

Standard accounting practice for insurance companies under GAAP, often referred to as DAC.

Metric ID: mkl_segment_program_services_and_other_fronting_deferred_policy_acquisition_costs

Historical Data

3 periods
 Q4 '21Q4 '22Q4 '23
Value$0.00$0.00$0.00
Range$0.00$0.00

Frequently Asked Questions

What is Markel's program services and other fronting — deferred policy acquisition costs?
Markel (MKL) reported program services and other fronting — deferred policy acquisition costs of $0.00 in Q4 2023.
What does program services and other fronting — deferred policy acquisition costs mean?
The portion of sales and underwriting expenses that are spread out over the duration of the insurance policies.