Products & Services · Earned premiums

Programs — Earned premiums

Markel Programs — Earned premiums remained flat by 0.0% to $163.48M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 14.0%, from $143.38M to $163.48M. Over 4 years (FY 2021 to FY 2025), Programs — Earned premiums shows an upward trend with a 30.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ4 2025

How to read this metric

An increase indicates growth in the scale of the Programs business, while a decrease suggests a contraction in underwriting volume or market share.

Detailed definition

This metric represents the portion of premiums written by the Programs segment that has been recognized as revenue over...

Peer comparison

Comparable to gross or net earned premiums reported by other specialty insurers operating through program administrators or managing general agents.

Metric ID: mkl_segment_programs_earned_premiums

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value$222.41M$384.95M$509.87M$573.52M$653.90M
YoY Change+73.1%+32.4%+12.5%+14.0%
Range$222.41M$653.90M
CAGR+30.9%
Avg YoY Growth+33.0%
Median YoY Growth+23.2%
Current Streak4+ years growth

Frequently Asked Questions

What is Markel's programs — earned premiums?
Markel (MKL) reported programs — earned premiums of $163.48M in Q4 2025.
How has Markel's programs — earned premiums changed year-over-year?
Markel's programs — earned premiums increased by 14.0% year-over-year, from $143.38M to $163.48M.
What is the long-term trend for Markel's programs — earned premiums?
Over 4 years (2021 to 2025), Markel's programs — earned premiums has grown at a 30.9% compound annual growth rate (CAGR), from $222.41M to $653.90M.
What does programs — earned premiums mean?
The amount of insurance revenue recognized by the Programs segment during the period.