Business Segments · Other Underwriting Expense
Markel Insurance — Other Underwriting Expense
Markel Markel Insurance — Other Underwriting Expense decreased by 8.0% to $306.36M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.9%, from $312.35M to $306.36M. Over 2 years (FY 2023 to FY 2025), Markel Insurance — Other Underwriting Expense shows an upward trend with a 12.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ1 2026
How to read this metric
Lower values relative to premiums indicate better operational efficiency and expense management.
Detailed definition
General administrative and operational expenses incurred to support the underwriting process, excluding acquisition cost...
Peer comparison
Comparable to 'Underwriting Expense' or 'Operating Expense' at peer insurance companies.
Metric ID:
mkl_segment_markel_insurance_other_underwriting_expenseHistorical Data
13 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $252.91M | $252.91M | $252.91M | $252.91M | $285.25M | $274.65M | $294.77M | $300.56M | $312.35M | $319.63M | $318.61M | $333.15M | $306.36M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +12.8% | -3.7% | +7.3% | +2.0% | +3.9% | +2.3% | -0.3% | +4.6% | -8.0% |
| YoY Change | — | — | — | — | +12.8% | +8.6% | +16.6% | +18.8% | +9.5% | +16.4% | +8.1% | +10.8% | -1.9% |
Range$252.91M – $333.15M
CAGR+6.6%
Avg YoY Growth+11.1%
Median YoY Growth+10.8%
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Frequently Asked Questions
- What is Markel's markel insurance — other underwriting expense?
- Markel (MKL) reported markel insurance — other underwriting expense of $306.36M in Q1 2026.
- How has Markel's markel insurance — other underwriting expense changed year-over-year?
- Markel's markel insurance — other underwriting expense decreased by 1.9% year-over-year, from $312.35M to $306.36M.
- What is the long-term trend for Markel's markel insurance — other underwriting expense?
- Over 2 years (2023 to 2025), Markel's markel insurance — other underwriting expense has grown at a 12.6% compound annual growth rate (CAGR), from $1.01B to $1.28B.
- What does markel insurance — other underwriting expense mean?
- General overhead costs of running the insurance business.