Markel MKL Global Reinsurance Division — Reinsurance recoverable on unpaid losses

Other segment segments

Similar metrics at other companies

BOWUnderwriting Division — Reinsurance recoverable on unpaid losses and loss adjustment expenses

$220.04M+65.5%

SIGIReinsurance Recoverables On Unpaid Losses Gross

$909.68M-1.9%

HIPOReinsurance recoverable on unpaid losses and loss expenses

$339.5M+27.9%

AXSReinsurance recoverable on unpaid losses and loss expenses

$8.89B+28.0%

JRVRReinsurance recoverable on unpaid losses and loss expenses

$2.01B+1.5%

SIGIGeneral liability — Reinsurance Recoverable for Unpaid Claims and Claims Adjustments

$469.61M+18.4%

Questions, answered.

What is Markel's global reinsurance division — reinsurance recoverable on unpaid losses?

Markel (MKL) reported global reinsurance division — reinsurance recoverable on unpaid losses of $267.63M in Q4 2025.

What does global reinsurance division — reinsurance recoverable on unpaid losses mean?

This metric represents the amount of unpaid losses that the reinsurance division expects to recover from its own retrocessionaires or other reinsurance partners. It is a measure of the division's credit risk exposure to the companies it has ceded risk to. High levels of recoverables indicate a significant reliance on third-party reinsurance to mitigate underwriting losses.