Discontinued — last reported Q3 '23
Business Segments · Total Profit (Loss)
Insurance — Total Profit (Loss)
Markel Insurance — Total Profit (Loss) decreased by 81.4% to $25.09M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 70.7%, from $85.54M to $25.09M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ3 2023
How to read this metric
Higher profit indicates strong underwriting discipline and favorable claims experience, while a loss indicates operational challenges.
Detailed definition
This metric represents the overall net financial performance of the insurance segment, calculated as earned premiums plu...
Peer comparison
The standard measure of segment profitability used by all insurance companies to report performance to shareholders.
Metric ID:
mkl_segment_insurance_total_profit_lossHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $205.34M | $146.73M | $227.40M | $187.49M | $166.41M | $85.54M | $110.43M | $96.50M | $134.65M | $25.09M |
| QoQ Change | — | -28.5% | +55.0% | -17.5% | -11.2% | -48.6% | +29.1% | -12.6% | +39.5% | -81.4% |
| YoY Change | — | — | — | — | -19.0% | -41.7% | -51.4% | -48.5% | -19.1% | -70.7% |
Range$25.09M – $227.40M
CAGR-60.7%
Avg YoY Growth-41.7%
Median YoY Growth-45.1%
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Frequently Asked Questions
- What is Markel's insurance — total profit (loss)?
- Markel (MKL) reported insurance — total profit (loss) of $25.09M in Q3 2023.
- How has Markel's insurance — total profit (loss) changed year-over-year?
- Markel's insurance — total profit (loss) decreased by 70.7% year-over-year, from $85.54M to $25.09M.
- What does insurance — total profit (loss) mean?
- The total profit or loss generated by the insurance business segment.