Discontinued — last reported Q4 '23
Business Segments · Reinsurance recoverables
Insurance — Reinsurance recoverables
Markel Insurance — Reinsurance recoverables remained flat by 0.0% to $2.33M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 91.9%, from $28.83M to $2.33M.
Analysis
StatementSegment
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ1 2022
Last reportedQ4 2023
How to read this metric
High levels indicate significant reliance on reinsurance, while low levels suggest the company is retaining more risk on its own balance sheet.
Detailed definition
The amount that the insurer expects to collect from reinsurers for claims that have been paid or are currently reserved....
Peer comparison
Standard asset item for insurance companies that use reinsurance to mitigate risk.
Metric ID:
mkl_segment_insurance_reinsurance_recoverablesHistorical Data
2 years
| FY'22 | FY'23 | |
|---|---|---|
| Value | $115.30M | $9.30M |
| YoY Change | — | -91.9% |
Range$9.30M – $115.30M
Avg YoY Growth-91.9%
Median YoY Growth-91.9%
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Frequently Asked Questions
- What is Markel's insurance — reinsurance recoverables?
- Markel (MKL) reported insurance — reinsurance recoverables of $2.33M in Q4 2023.
- How has Markel's insurance — reinsurance recoverables changed year-over-year?
- Markel's insurance — reinsurance recoverables decreased by 91.9% year-over-year, from $28.83M to $2.33M.
- What does insurance — reinsurance recoverables mean?
- The amount of money the company expects to be reimbursed by its reinsurers for claims.