Discontinued — last reported Q4 '23
Business Segments · Other Underwriting Expense
Other — Other Underwriting Expense
Markel Other — Other Underwriting Expense increased by 13.3% to -$1.96M in Q4 2023 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2016
Last reportedQ4 2023
How to read this metric
Lower expenses relative to premiums indicate higher operational efficiency in the underwriting segment.
Detailed definition
Captures miscellaneous operational costs associated with the underwriting process that are not classified as claims or a...
Peer comparison
Comparable to 'Underwriting and Administrative Expenses' in insurance peer reports.
Metric ID:
mkl_segment_other_other_underwriting_expenseHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$2.48M | $1.77M | $231.00K | $2.17M | $634.00K | -$152.00K | $1.28M | $2.48M | -$2.26M | -$1.96M |
| QoQ Change | — | +171.3% | -86.9% | +837.2% | -70.7% | -124.0% | +944.7% | +93.1% | -191.2% | +13.3% |
| YoY Change | — | — | — | — | +125.6% | -108.6% | -40.7% | +291.0% | <-999% | — |
Range-$2.48M – $2.48M
CAGR-9.9%
Avg YoY Growth-223.9%
Median YoY Growth-40.7%
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Frequently Asked Questions
- What is Markel's other — other underwriting expense?
- Markel (MKL) reported other — other underwriting expense of -$1.96M in Q4 2023.
- What does other — other underwriting expense mean?
- General operating expenses related to the insurance underwriting process.