Discontinued — last reported Q4 '23
Business Segments · Unearned premiums
Program services and other fronting — Unearned premiums
Markel Program services and other fronting — Unearned premiums increased by 11.9% to $1.43B in Q4 2023 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2021
Last reportedQ4 2023
Rolls up toUnearned premiums
How to read this metric
An increase indicates growth in the volume of active policies that will be earned in future periods.
Detailed definition
The portion of written premiums that relates to the unexpired period of insurance policies. It represents a liability be...
Peer comparison
Standard liability item for all property and casualty insurers, representing future revenue obligations.
Metric ID:
mkl_segment_program_services_and_other_fronting_unearned_premiumsHistorical Data
3 periods
| Q4 '21 | Q4 '22 | Q4 '23 | |
|---|---|---|---|
| Value | $1.23B | $1.27B | $1.43B |
| QoQ Change | — | +3.6% | +11.9% |
| YoY Change | — | +3.6% | +11.9% |
Range$1.23B – $1.43B
Avg YoY Growth+7.7%
Median YoY Growth+7.7%
Current Streak2+ quarters growth
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Frequently Asked Questions
- What is Markel's program services and other fronting — unearned premiums?
- Markel (MKL) reported program services and other fronting — unearned premiums of $1.43B in Q4 2023.
- What does program services and other fronting — unearned premiums mean?
- Premiums collected for insurance coverage that has not yet been provided.