Markel MKL Program Services — Unpaid losses and loss adjustment expenses

Other segment segments

Similar metrics at other companies

KG

KGProgram Services — Net loss and loss adjustment expenses

$0—

HIGEmployee Benefits — Unpaid losses and loss adjustment expenses

$8.11B-1.1%

LMNDProperty Insurance — Unpaid losses and loss adjustment expenses

$193.5M+0.2%

EIGInsurance Operations — Unpaid losses and loss adjustment expenses

$1.81B-0.1%

TRUPOther Segments — Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims

$90.02M+13.6%

TRUPOther Segments — Liability for Unpaid Claims and Claims Adjustment Expense, Net

$28.26M-0.7%

Questions, answered.

What is Markel's program services — unpaid losses and loss adjustment expenses?

Markel (MKL) reported program services — unpaid losses and loss adjustment expenses of $1.3B in Q4 2025.

What does program services — unpaid losses and loss adjustment expenses mean?

This represents the total estimated liability for claims that have been incurred but not yet paid by the program services segment. It includes both the expected cost of the claims themselves and the associated expenses required to settle them.