Discontinued — last reported Q2 '25

Business Segments · Services and other expenses

Other Insurance Operations — Services and other expenses

Markel Other Insurance Operations — Services and other expenses decreased by 21.4% to $31.95M in Q2 2025 compared to the prior quarter. Year-over-year, this metric grew by 45.7%, from $21.92M to $31.95M. Over 2 years (FY 2022 to FY 2024), Other Insurance Operations — Services and other expenses shows a downward trend with a -32.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ2 2025Jul 30, 2025

How to read this metric

Increasing expenses without proportional revenue growth suggests declining service margins or scaling inefficiencies.

Detailed definition

Includes the operating costs incurred to deliver services and other non-insurance activities within the segment. This co...

Peer comparison

Similar to 'Cost of Services' or 'Operating Expenses' for service-oriented business segments.

Metric ID: mkl_segment_other_insurance_operations_services_and_other_expenses

Historical Data

14 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25
Value$48.87M$48.87M$48.87M$48.87M-$16.13M$25.76M$36.03M$20.58M$23.39M$21.92M$6.32M$38.39M$40.67M$31.95M
QoQ Change+0.0%+0.0%+0.0%-133.0%+259.7%+39.9%-42.9%+13.7%-6.3%-71.2%+507.8%+5.9%-21.4%
YoY Change-133.0%-47.3%-26.3%-57.9%+245.1%-14.9%-82.5%+86.5%+73.9%+45.7%
Range-$16.13M$48.87M
CAGR-12.3%
Avg YoY Growth+8.9%
Median YoY Growth-20.6%

Frequently Asked Questions

What is Markel's other insurance operations — services and other expenses?
Markel (MKL) reported other insurance operations — services and other expenses of $31.95M in Q2 2025.
How has Markel's other insurance operations — services and other expenses changed year-over-year?
Markel's other insurance operations — services and other expenses increased by 45.7% year-over-year, from $21.92M to $31.95M.
What is the long-term trend for Markel's other insurance operations — services and other expenses?
Over 2 years (2022 to 2024), Markel's other insurance operations — services and other expenses has grown at a -32.1% compound annual growth rate (CAGR), from $195.48M to $90.03M.
What does other insurance operations — services and other expenses mean?
The operating costs required to provide services within the segment.