Markel Financial — Deferred Policy Acquisition Costs, Amortization Expense decreased by 4.0% to $6.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.9%, from $5.75M to $6.20M.
Changes reflect the volume of new business acquisition and the timing of policy recognition.
The systematic recognition of costs incurred to acquire new insurance policies, such as commissions and underwriting exp...
Standard accounting practice for insurance companies under GAAP/IFRS.
mkl_segment_financial_deferred_policy_acquisition_costs_amortization_expense| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $5.72M | $5.72M | $5.72M | $5.72M | $5.53M | $5.77M | $5.75M | $6.26M | $5.49M | $6.46M | $6.20M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -3.4% | +4.5% | -0.5% | +8.9% | -12.3% | +17.7% | -4.0% |
| YoY Change | — | — | — | — | -3.4% | +0.9% | — | — | -0.7% | +11.9% | +7.9% |