Discontinued — last reported Q1 '25
Markel Reinsurance — Attritional Current Year Claims and Claims Adjustment Expense increased by 11.4% to $181.75M in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.4%, from $163.22M to $181.75M. This increase may warrant attention — for this metric, lower values are generally preferred.
Lower expenses relative to premiums indicate better underwriting discipline and profitability.
The expected costs associated with claims and loss adjustment expenses for the current accident year, excluding large or...
Standard metric for assessing underwriting quality in P&C insurance.
mkl_segment_reinsurance_attritional_current_year_claims_and_claims_adjustment_expense| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q1 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $165.98M | $165.98M | $165.98M | $165.98M | $167.33M | $167.33M | $167.33M | $167.33M | $163.22M | $181.75M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.8% | +0.0% | +0.0% | +0.0% | -2.5% | +11.4% |
| YoY Change | — | — | — | — | +0.8% | +0.8% | +0.8% | +0.8% | -2.5% | +11.4% |