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Markel MKL Industrial — Catastrophe Current Year Claims and Claims Adjustment Expense

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CINFProperty and Casualty Insurance — Current accident year
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Other financials

Income statement

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Revenue$3.6B+0.1%
Operating income-$273.3M-197%
Net income-$212.3M-274%
EPS (diluted)-$18.90-256%

Balance sheet

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Cash & equivalents$3.7B-12.2%
Total debt$4.4B-0.2%
Total equity$18.1B+5.7%
Total assets$68.6B+6.2%

Cash flow

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Operating cash flow$15.9M-95.8%
CapEx$47.3M+16.1%
Free cash flow-$31.4M-109%

Valuation

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Market cap$24.44B-2.1%
Enterprise value$25.14B-1.8%
P/E13.8×+2.6×
P/S1.5×-0.1×

Profitability

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Operating margin16.4%-1.7pp
Net margin11%-1.6pp
FCF margin13.6%-0.8pp

Returns & leverage

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Return on equity10.1%-1.2pp
Debt / equity0.2×0.0×

Where this comes from

Reported directly by Markel in its filing.

Tagged under the XBRL concept mkl:CatastropheCurrentYearClaimsAndClaimsAdjustmentExpense.

The official record: Markel’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Markel's industrial — catastrophe current year claims and claims adjustment expense?
Markel (MKL) reported industrial — catastrophe current year claims and claims adjustment expense of $0 in Q1 2026.
What does industrial — catastrophe current year claims and claims adjustment expense mean?
Costs incurred from large, infrequent, and severe events such as natural disasters that impact the current year's insurance results. These are separated from attritional losses to provide clarity on underlying performance.