Discontinued — last reported Q1 '25

Business Segments · Deferred Policy Acquisition Costs, Amortization Expense

Reinsurance — Deferred Policy Acquisition Costs, Amortization Expense

Markel Reinsurance — Deferred Policy Acquisition Costs, Amortization Expense decreased by 4.8% to $62.50M in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.8%, from $60.81M to $62.50M. Over 3 years (FY 2021 to FY 2024), Reinsurance — Deferred Policy Acquisition Costs, Amortization Expense shows relatively stable performance with a -1.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2025

How to read this metric

High amortization relative to premiums may indicate high acquisition costs or a shift in business mix.

Detailed definition

The periodic expense recognized for the amortization of costs directly related to acquiring new insurance contracts, suc...

Peer comparison

Standard accounting metric for insurance underwriters.

Metric ID: mkl_segment_reinsurance_deferred_policy_acquisition_costs_amortization_expense

Historical Data

16 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25
Value$67.99M$63.72M$72.52M$71.75M$69.13M$68.66M$70.03M$61.78M$71.57M$68.92M$53.23M$60.81M$63.48M$62.35M$65.67M$62.50M
QoQ Change-6.3%+13.8%-1.1%-3.7%-0.7%+2.0%-11.8%+15.9%-3.7%-22.8%+14.2%+4.4%-1.8%+5.3%-4.8%
YoY Change+1.7%+7.8%-3.4%-13.9%+3.5%+0.4%-24.0%-1.6%-11.3%-9.5%+23.4%+2.8%
Range$53.23M$72.52M
CAGR-2.2%
Avg YoY Growth-2.0%
Median YoY Growth-0.6%

Frequently Asked Questions

What is Markel's reinsurance — deferred policy acquisition costs, amortization expense?
Markel (MKL) reported reinsurance — deferred policy acquisition costs, amortization expense of $62.50M in Q1 2025.
How has Markel's reinsurance — deferred policy acquisition costs, amortization expense changed year-over-year?
Markel's reinsurance — deferred policy acquisition costs, amortization expense increased by 2.8% year-over-year, from $60.81M to $62.50M.
What is the long-term trend for Markel's reinsurance — deferred policy acquisition costs, amortization expense?
Over 3 years (2021 to 2024), Markel's reinsurance — deferred policy acquisition costs, amortization expense has grown at a -1.8% compound annual growth rate (CAGR), from $266.22M to $252.31M.
What does reinsurance — deferred policy acquisition costs, amortization expense mean?
The expense of spreading out the costs of acquiring new insurance policies over time.