Discontinued — last reported Q3 '23
Business Segments · Total Profit (Loss)
Reinsurance — Total Profit (Loss)
Markel Reinsurance — Total Profit (Loss) decreased by 138.3% to -$5.81M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 113.4%, from $43.26M to -$5.81M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2015
Last reportedQ3 2023
How to read this metric
Higher profit indicates successful underwriting and efficient cost management, while losses suggest operational challenges.
Detailed definition
The overall financial result of the reinsurance segment, calculated as total revenues minus all associated underwriting...
Peer comparison
Standard segment reporting metric; directly comparable to other insurance and reinsurance companies.
Metric ID:
mkl_segment_reinsurance_total_profit_lossHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$4.90M | -$30.44M | $0.00 | $13.28M | $3.84M | $43.26M | $23.48M | $24.23M | $15.18M | -$5.81M |
| QoQ Change | — | -520.9% | +100.0% | — | -71.1% | >999% | -45.7% | +3.2% | -37.3% | -138.3% |
| YoY Change | — | — | — | — | +178.3% | +242.1% | — | +82.4% | +295.5% | -113.4% |
Range-$30.44M – $43.26M
CAGR+7.9%
Avg YoY Growth+137.0%
Median YoY Growth+178.3%
Current Streak2 quarters decline
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Frequently Asked Questions
- What is Markel's reinsurance — total profit (loss)?
- Markel (MKL) reported reinsurance — total profit (loss) of -$5.81M in Q3 2023.
- How has Markel's reinsurance — total profit (loss) changed year-over-year?
- Markel's reinsurance — total profit (loss) decreased by 113.4% year-over-year, from $43.26M to -$5.81M.
- What does reinsurance — total profit (loss) mean?
- The total net profit or loss generated by the reinsurance business segment.