Discontinued — last reported Q4 '24
Specialty — Earned premiums
Markel Specialty — Earned premiums remained flat by 0.0% to $67.26M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 9.7%, from $61.28M to $67.26M. Over 3 years (FY 2021 to FY 2024), Specialty — Earned premiums shows relatively stable performance with a -1.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests growth in the specialty insurance portfolio or higher demand for niche coverage, while a decrease may indicate a strategic reduction in risk appetite or increased competition in specialty markets.
Detailed definition
This metric represents the portion of premiums written by the specialty insurance segment that has been recognized as re...
Peer comparison
Peers in the specialty insurance sector report similar figures as 'Net Earned Premiums' for specific business segments; comparisons should account for differences in underwriting cycles and market-specific risk exposure.
mkl_segment_specialty_earned_premiumsHistorical Data
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $276.94M | $275.03M | $245.13M | $269.02M |
| YoY Change | — | -0.7% | -10.9% | +9.7% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Markel's specialty — earned premiums?
- Markel (MKL) reported specialty — earned premiums of $67.26M in Q4 2024.
- How has Markel's specialty — earned premiums changed year-over-year?
- Markel's specialty — earned premiums increased by 9.7% year-over-year, from $61.28M to $67.26M.
- What is the long-term trend for Markel's specialty — earned premiums?
- Over 3 years (2021 to 2024), Markel's specialty — earned premiums has grown at a -1.0% compound annual growth rate (CAGR), from $276.94M to $269.02M.
- What does specialty — earned premiums mean?
- The amount of revenue recognized from specialty insurance policies during the period based on the coverage provided.