Discontinued — last reported Q4 '24
Markel Reinsurance — Deferred policy acquisition costs increased by 1.6% to $226.74M in Q4 2024 compared to the prior quarter.
An increase suggests higher upfront spending on new business, while a decrease may indicate lower new business volume or a change in amortization schedules.
Represents the portion of insurance acquisition costs, such as commissions and underwriting expenses, that are deferred...
Standard across P&C insurers; peers typically report this as Deferred Policy Acquisition Costs (DAC).
mkl_segment_reinsurance_deferred_policy_acquisition_costs| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|---|
| Value | $219.96M | $247.56M | $223.22M | $226.74M |
| QoQ Change | — | +12.5% | -9.8% | +1.6% |
| YoY Change | — | +12.5% | -9.8% | +1.6% |