Discontinued — last reported Q3 '24
Program services and other fronting — Earned premiums
Markel Program services and other fronting — Earned premiums decreased by 18.1% to -$189.00K in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 13.3%, from -$218.00K to -$189.00K. Over 2 years (FY 2021 to FY 2023), Program services and other fronting — Earned premiums shows an upward trend with a -47.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates higher net revenue generation from underwriting activities.
Detailed definition
The net amount of premiums recognized as revenue after accounting for reinsurance cessions. This is the primary revenue...
Peer comparison
Standard industry metric; comparable to Net Earned Premiums at all insurance firms.
mkl_segment_program_services_and_other_fronting_earned_premiumsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$631.00K | -$1.70M | -$1.65M | -$1.34M | -$1.03M | -$429.00K | -$907.00K | -$451.00K | -$321.00K | -$218.00K | -$223.00K | -$173.00K | -$160.00K | -$189.00K |
| QoQ Change | — | -169.3% | +3.1% | +18.7% | +23.1% | +58.3% | -111.4% | +50.3% | +28.8% | +32.1% | -2.3% | +22.4% | +7.5% | -18.1% |
| YoY Change | — | — | — | — | -63.1% | +74.7% | +44.9% | +66.3% | +68.8% | +49.2% | +75.4% | +61.6% | +50.2% | +13.3% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Markel's program services and other fronting — earned premiums?
- Markel (MKL) reported program services and other fronting — earned premiums of -$189.00K in Q3 2024.
- How has Markel's program services and other fronting — earned premiums changed year-over-year?
- Markel's program services and other fronting — earned premiums increased by 13.3% year-over-year, from -$218.00K to -$189.00K.
- What is the long-term trend for Markel's program services and other fronting — earned premiums?
- Over 2 years (2021 to 2023), Markel's program services and other fronting — earned premiums has grown at a -47.6% compound annual growth rate (CAGR), from -$4.41M to -$1.21M.
- What does program services and other fronting — earned premiums mean?
- The net revenue earned from insurance premiums.