Discontinued — last reported Q4 '24

Business Segments · Reinsurance Recoverables, Gross

Program Services — Reinsurance Recoverables, Gross

Markel Program Services — Reinsurance Recoverables, Gross increased by 22.4% to $6.00B in Q4 2024 compared to the prior quarter.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2022
Last reportedQ4 2024
Rolls up toReinsurance Recoverables, Gross

How to read this metric

An increase suggests higher levels of ceded risk, which may be a strategic choice to manage volatility or capital capacity.

Detailed definition

This represents the total gross amount of claims and loss adjustment expenses that the segment expects to recover from r...

Peer comparison

Standard gross reinsurance asset metric found in insurance financial statements.

Metric ID: mkl_segment_program_services_reinsurance_recoverables_gross

Historical Data

3 periods
 Q4 '22Q4 '23Q4 '24
Value$4.90B$4.90B$6.00B
QoQ Change—+0.0%+22.4%
YoY Change—+0.0%+22.4%
Range$4.90B – $6.00B
Avg YoY Growth+11.2%
Median YoY Growth+11.2%
Current Streak2+ quarters growth

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Frequently Asked Questions

What is Markel's program services — reinsurance recoverables, gross?
Markel (MKL) reported program services — reinsurance recoverables, gross of $6.00B in Q4 2024.
What does program services — reinsurance recoverables, gross mean?
The total gross amount of claims expected to be recovered from reinsurers.