Business Segments · Attritional Current Year Claims and Claims Adjustment Expense

Financial — Attritional Current Year Claims and Claims Adjustment Expense

Markel Financial — Attritional Current Year Claims and Claims Adjustment Expense decreased by 4.7% to $49.94M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.6%, from $43.19M to $49.94M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ1 2026

How to read this metric

A lower ratio relative to premiums indicates better underwriting discipline and risk selection.

Detailed definition

The expected losses and associated adjustment expenses for the current accident year, excluding large, unpredictable cat...

Peer comparison

Commonly referred to as 'attritional loss ratio' or 'underlying loss ratio' in the insurance industry.

Metric ID: mkl_segment_financial_attritional_current_year_claims_and_claims_adjustment_expense

Historical Data

11 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$39.40M$39.40M$39.40M$39.40M$41.42M$41.95M$43.19M$36.15M$43.36M$52.39M$49.94M
QoQ Change+0.0%+0.0%+0.0%+5.1%+1.3%+2.9%-16.3%+19.9%+20.8%-4.7%
YoY Change+5.1%+6.5%+4.7%+24.9%+15.6%
Range$36.15M$52.39M
CAGR+9.9%
Avg YoY Growth+11.4%
Median YoY Growth+6.5%

Frequently Asked Questions

What is Markel's financial — attritional current year claims and claims adjustment expense?
Markel (MKL) reported financial — attritional current year claims and claims adjustment expense of $49.94M in Q1 2026.
How has Markel's financial — attritional current year claims and claims adjustment expense changed year-over-year?
Markel's financial — attritional current year claims and claims adjustment expense increased by 15.6% year-over-year, from $43.19M to $49.94M.
What does financial — attritional current year claims and claims adjustment expense mean?
The expected cost of routine insurance claims for the current year.