Discontinued — last reported Q4 '24
Business Segments · Unpaid losses and loss adjustment expenses
Insurance — Unpaid losses and loss adjustment expenses
Markel Insurance — Unpaid losses and loss adjustment expenses increased by 13.0% to $16.07B in Q4 2024 compared to the prior quarter.
Analysis
StatementSegment
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2017
Last reportedQ4 2024
Rolls up toReserve for insurance claims
How to read this metric
An increase may reflect growth in business or deteriorating loss trends, while a decrease could signal reserve releases or shrinking exposure.
Detailed definition
The estimated liability for claims that have occurred but have not yet been settled or paid. This includes both the expe...
Peer comparison
Standard industry metric for P&C insurers, often called Loss Reserves.
Metric ID:
mkl_segment_insurance_unpaid_losses_and_loss_adjustment_expensesHistorical Data
4 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|---|
| Value | $10.05B | $11.62B | $14.22B | $16.07B |
| QoQ Change | — | +15.6% | +22.4% | +13.0% |
| YoY Change | — | +15.6% | +22.4% | +13.0% |
Range$10.05B – $16.07B
Avg YoY Growth+17.0%
Median YoY Growth+15.6%
Current Streak3+ quarters growth
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Frequently Asked Questions
- What is Markel's insurance — unpaid losses and loss adjustment expenses?
- Markel (MKL) reported insurance — unpaid losses and loss adjustment expenses of $16.07B in Q4 2024.
- What does insurance — unpaid losses and loss adjustment expenses mean?
- Total estimated amount the insurer owes for claims that have been reported but not yet paid.