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Markel MKL Reinsurance — Services and other expenses

Discontinued — last reported Q1 '25

Other segment segments

Industrial
$473.82M
Consumer and Other
$83.26M
Financial
$45.77M
Corporate and eliminations
$20.83M
Markel Insurance
$5.11M

Similar metrics at other companies

Arch Capital Group logo
ACGLReinsurance — Other Operating Expenses
$117.25M+73.7%
Everest Group logo
EGReinsurance — Selling And Marketing Expense
$764M+7.6%
Arch Capital Group logo
ACGLReinsurance — Other Expenses
$132M+3.9%
Arch Capital Group logo
ACGLReinsurance — Losses and loss adjustment expenses
$948M-30.1%
Everest Group logo
EGReinsurance — Other Operating Expenses
$72.75M+0.3%
Everest Group logo
EGReinsurance Treaty — Other underwriting expenses
$61M+1.7%

Other financials

Income statement

See full
Revenue$3.6B+0.1%
Operating income-$273.3M-197%
Net income-$212.3M-274%
EPS (diluted)-$18.90-256%

Balance sheet

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Cash & equivalents$3.7B-12.2%
Total debt$4.4B-0.2%
Total equity$18.1B+5.7%
Total assets$68.6B+6.2%

Cash flow

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Operating cash flow$15.9M-95.8%
CapEx$47.3M+16.1%
Free cash flow-$31.4M-109%

Valuation

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Market cap$23.11B+0.8%
Enterprise value$23.82B+2.9%
P/E13×+0.6×
P/S1.4×-0.1×

Profitability

See full
Operating margin16.4%-1.7pp
Net margin11%-1.6pp
FCF margin13.6%-0.8pp

Returns & leverage

See full
Return on equity10.1%-1.2pp
Debt / equity0.2×0.0×

Where this comes from

Reported directly by Markel in its filing.

Tagged under the XBRL concept mkl:Servicesandotherexpenses.

The official record: Markel’s 10-Q, filed April 30, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Markel's reinsurance — services and other expenses?
Markel (MKL) reported reinsurance — services and other expenses of $0 in Q1 2025.
What is the long-term trend for Markel's reinsurance — services and other expenses?
Over 3 years (2021 to 2024), Markel's reinsurance — services and other expenses has grown at a -100.0% compound annual growth rate (CAGR), from -$109K to $0.
What does reinsurance — services and other expenses mean?
The costs incurred to provide services within the reinsurance segment.
How do you interpret reinsurance — services and other expenses?
Rising costs relative to service revenue may indicate declining service profitability or increased delivery complexity.
How does reinsurance — services and other expenses compare across companies?
Similar to 'Service Costs' or 'Operating Expenses' for service-based business units.