What is Markel's workers' compensation — earned premiums?

Markel (MKL) reported workers' compensation — earned premiums of $116.19M in Q4 2025.

How has Markel's workers' compensation — earned premiums changed year-over-year?

Markel's workers' compensation — earned premiums increased by 3.7% year-over-year, from $112.01M to $116.19M.

What is the long-term trend for Markel's workers' compensation — earned premiums?

Over 4 years (2021 to 2025), Markel's workers' compensation — earned premiums has grown at a 7.0% compound annual growth rate (CAGR), from $354.34M to $464.77M.

What does workers' compensation — earned premiums mean?

The amount of revenue recognized from workers' compensation insurance policies during the period.

Products & Services · Earned premiums

Workers' compensation — Earned premiums

Markel Workers' compensation — Earned premiums remained flat by 0.0% to $116.19M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 3.7%, from $112.01M to $116.19M. Over 4 years (FY 2021 to FY 2025), Workers' compensation — Earned premiums shows an upward trend with a 7.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment

CategoryGrowth

SignalHigher is better

VolatilityModerate

First reportedQ1 2021

Last reportedQ4 2025

Rolls up toNet premiums earned

How to read this metric

An increase indicates growth in the volume of workers' compensation business, while a decrease suggests a contraction in market share or a strategic reduction in underwriting exposure.

Detailed definition

This metric represents the portion of premiums written for workers' compensation insurance policies that has been recogn...

Peer comparison

Comparable to net premiums earned in workers' compensation segments at other specialty insurers, though variations exist based on underwriting appetite and market pricing cycles.

Metric ID: mkl_segment_workers_compensation_earned_premiums

Historical Data

5 years

	FY'21	FY'22	FY'23	FY'24	FY'25
Value	$354.34M	$385.05M	$453.77M	$448.03M	$464.77M
YoY Change	—	+8.7%	+17.8%	-1.3%	+3.7%

Range$354.34M – $464.77M

CAGR+7.0%

Avg YoY Growth+7.2%

Median YoY Growth+6.2%

Similar Metrics at Other Companies

W.R. BerkleyWRB View metric

The Hartford Financial Services GroupHIG View metric

Cincinnati FinancialCINF View metric

Arch Capital GroupACGL View metric

Cincinnati FinancialCINF View metric

Frequently Asked Questions

What is Markel's workers' compensation — earned premiums?: Markel (MKL) reported workers' compensation — earned premiums of $116.19M in Q4 2025.
How has Markel's workers' compensation — earned premiums changed year-over-year?: Markel's workers' compensation — earned premiums increased by 3.7% year-over-year, from $112.01M to $116.19M.
What is the long-term trend for Markel's workers' compensation — earned premiums?: Over 4 years (2021 to 2025), Markel's workers' compensation — earned premiums has grown at a 7.0% compound annual growth rate (CAGR), from $354.34M to $464.77M.
What does workers' compensation — earned premiums mean?: The amount of revenue recognized from workers' compensation insurance policies during the period.