Discontinued — last reported Q1 '25
Insurance — Deferred Policy Acquisition Costs, Amortization Expense
Markel Insurance — Deferred Policy Acquisition Costs, Amortization Expense decreased by 11.5% to $354.51M in Q1 2025 compared to the prior quarter. Year-over-year, this metric declined by 5.2%, from $373.78M to $354.51M. Over 3 years (FY 2021 to FY 2024), Insurance — Deferred Policy Acquisition Costs, Amortization Expense shows an upward trend with a 9.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
High amortization relative to premiums may indicate high acquisition costs or a shift in the business mix.
Detailed definition
The systematic expensing of costs directly related to acquiring new insurance policies, such as commissions and premium...
Peer comparison
Standard accounting metric for insurers; comparable to 'DAC Amortization'.
mkl_segment_insurance_deferred_policy_acquisition_costs_amortization_expenseHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $264.82M | $289.20M | $338.43M | $310.41M | $323.83M | $362.14M | $379.17M | $360.35M | $367.15M | $369.00M | $411.67M | $373.78M | $358.16M | $369.32M | $400.57M | $354.51M |
| QoQ Change | — | +9.2% | +17.0% | -8.3% | +4.3% | +11.8% | +4.7% | -5.0% | +1.9% | +0.5% | +11.6% | -9.2% | -4.2% | +3.1% | +8.5% | -11.5% |
| YoY Change | — | — | — | — | +22.3% | +25.2% | +12.0% | +16.1% | +13.4% | +1.9% | +8.6% | +3.7% | -2.4% | +0.1% | -2.7% | -5.2% |
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Frequently Asked Questions
- What is Markel's insurance — deferred policy acquisition costs, amortization expense?
- Markel (MKL) reported insurance — deferred policy acquisition costs, amortization expense of $354.51M in Q1 2025.
- How has Markel's insurance — deferred policy acquisition costs, amortization expense changed year-over-year?
- Markel's insurance — deferred policy acquisition costs, amortization expense decreased by 5.2% year-over-year, from $373.78M to $354.51M.
- What is the long-term trend for Markel's insurance — deferred policy acquisition costs, amortization expense?
- Over 3 years (2021 to 2024), Markel's insurance — deferred policy acquisition costs, amortization expense has grown at a 9.2% compound annual growth rate (CAGR), from $1.15B to $1.50B.
- What does insurance — deferred policy acquisition costs, amortization expense mean?
- The expense recognized for costs incurred to acquire new insurance policies.