Discontinued — last reported Q2 '23
Business Segments · Underwriting Profit (Loss)
Insurance — Underwriting Profit (Loss)
Markel Insurance — Underwriting Profit (Loss) increased by 39.5% to $134.65M in Q2 2023 compared to the prior quarter. Year-over-year, this metric declined by 19.1%, from $166.41M to $134.65M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2016
Last reportedQ2 2023Aug 2, 2023
How to read this metric
An increase indicates improved underwriting discipline or favorable claims experience, while a decrease suggests higher claims costs or inadequate premium pricing.
Detailed definition
This metric represents the core profitability of the insurance underwriting operations, calculated as earned premiums mi...
Peer comparison
Commonly referred to as underwriting gain or loss across the P&C insurance industry.
Metric ID:
mkl_segment_insurance_underwriting_profit_lossHistorical Data
9 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $205.34M | $146.73M | $227.40M | $187.49M | $166.41M | $85.54M | $110.43M | $96.50M | $134.65M |
| QoQ Change | — | -28.5% | +55.0% | -17.5% | -11.2% | -48.6% | +29.1% | -12.6% | +39.5% |
| YoY Change | — | — | — | — | -19.0% | -41.7% | -51.4% | -48.5% | -19.1% |
Range$85.54M – $227.40M
CAGR-19.0%
Avg YoY Growth-35.9%
Median YoY Growth-41.7%
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Frequently Asked Questions
- What is Markel's insurance — underwriting profit (loss)?
- Markel (MKL) reported insurance — underwriting profit (loss) of $134.65M in Q2 2023.
- How has Markel's insurance — underwriting profit (loss) changed year-over-year?
- Markel's insurance — underwriting profit (loss) decreased by 19.1% year-over-year, from $166.41M to $134.65M.
- What does insurance — underwriting profit (loss) mean?
- The profit or loss generated specifically from insurance underwriting activities before accounting for investment returns.