Discontinued — last reported Q4 '24
Markel Other underwriting — Reinsurance recoverable on unpaid losses decreased by 5.2% to $84.08M in Q4 2024 compared to the prior quarter.
High recoverables indicate significant reinsurance protection, but also introduce counterparty credit risk.
This represents the amount the segment expects to collect from reinsurers for claims that have been incurred but not yet...
Standard balance sheet asset for insurance companies with reinsurance programs.
mkl_segment_other_underwriting_reinsurance_recoverable_on_unpaid_losses| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|---|
| Value | $134.16M | $56.97M | $88.70M | $84.08M |
| QoQ Change | — | -57.5% | +55.7% | -5.2% |
| YoY Change | — | -57.5% | +55.7% | -5.2% |