Discontinued — last reported Q4 '24
Business Segments · Reinsurance recoverable on unpaid losses
Reinsurance — Reinsurance recoverable on unpaid losses
Markel Reinsurance — Reinsurance recoverable on unpaid losses increased by 2.7% to $397.81M in Q4 2024 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2016
Last reportedQ4 2024
How to read this metric
Higher recoverables indicate greater reliance on third-party reinsurance, which increases counterparty credit risk.
Detailed definition
The total amount of claims and loss adjustment expenses that the company expects to recover from its own reinsurers for...
Peer comparison
Standard balance sheet item for all insurance and reinsurance companies; peers vary based on their reinsurance purchasing strategy.
Metric ID:
mkl_segment_reinsurance_reinsurance_recoverable_on_unpaid_lossesHistorical Data
4 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|---|
| Value | $352.19M | $277.85M | $387.37M | $397.81M |
| QoQ Change | — | -21.1% | +39.4% | +2.7% |
| YoY Change | — | -21.1% | +39.4% | +2.7% |
Range$277.85M – $397.81M
Avg YoY Growth+7.0%
Median YoY Growth+2.7%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is Markel's reinsurance — reinsurance recoverable on unpaid losses?
- Markel (MKL) reported reinsurance — reinsurance recoverable on unpaid losses of $397.81M in Q4 2024.
- What does reinsurance — reinsurance recoverable on unpaid losses mean?
- The amount of money the company expects to collect from its own reinsurers for unpaid insurance claims.