Discontinued — last reported Q1 '25
Reinsurance — Other Underwriting Expense
Markel Reinsurance — Other Underwriting Expense decreased by 0.5% to $14.57M in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.8%, from $13.91M to $14.57M. Over 3 years (FY 2021 to FY 2024), Reinsurance — Other Underwriting Expense shows relatively stable performance with a -2.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase may indicate rising operational overhead or inefficiencies, while a decrease suggests improved cost management.
Detailed definition
Represents the operational and administrative costs incurred by the reinsurance segment to support underwriting activiti...
Peer comparison
Similar to 'Other Underwriting Expenses' or 'General and Administrative Expenses' in other insurance companies.
mkl_segment_reinsurance_other_underwriting_expenseHistorical 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 | Q4 '24 | Q1 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $13.41M | $12.10M | $21.65M | $14.39M | $11.68M | $11.64M | $11.66M | $13.14M | $13.19M | $11.79M | $13.05M | $13.91M | $12.52M | $15.86M | $14.64M | $14.57M |
| QoQ Change | — | -9.8% | +78.9% | -33.5% | -18.8% | -0.4% | +0.1% | +12.7% | +0.4% | -10.6% | +10.7% | +6.6% | -10.0% | +26.7% | -7.7% | -0.5% |
| YoY Change | — | — | — | — | -12.9% | -3.8% | -46.2% | -8.7% | +12.9% | +1.3% | +12.0% | +5.8% | -5.1% | +34.6% | +12.2% | +4.8% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Markel's reinsurance — other underwriting expense?
- Markel (MKL) reported reinsurance — other underwriting expense of $14.57M in Q1 2025.
- How has Markel's reinsurance — other underwriting expense changed year-over-year?
- Markel's reinsurance — other underwriting expense increased by 4.8% year-over-year, from $13.91M to $14.57M.
- What is the long-term trend for Markel's reinsurance — other underwriting expense?
- Over 3 years (2021 to 2024), Markel's reinsurance — other underwriting expense has grown at a -2.5% compound annual growth rate (CAGR), from $61.33M to $56.93M.
- What does reinsurance — other underwriting expense mean?
- The administrative and operational costs associated with running the reinsurance underwriting business.