Discontinued — last reported Q3 '22
Business Segments · U.S. GAAP combined ratio
Reinsurance — U.S. GAAP combined ratio
Markel Reinsurance — U.S. GAAP combined ratio decreased by 16.2% to 83.0% in Q3 2022 compared to the prior quarter. Year-over-year, this metric declined by 25.9%, from 112.0% to 83.0%. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ3 2022Nov 1, 2022
How to read this metric
A lower ratio indicates better underwriting profitability and operational efficiency.
Detailed definition
The combined ratio measures the profitability of the reinsurance underwriting operations by comparing total claims and e...
Peer comparison
Standard industry metric used by all P&C insurers and reinsurers to benchmark underwriting performance.
Metric ID:
mkl_segment_reinsurance_u_s_gaap_combined_ratioHistorical Data
5 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | |
|---|---|---|---|---|---|
| Value | 102% | 112% | 95% | 99% | 83% |
| QoQ Change | — | +9.8% | -15.2% | +4.2% | -16.2% |
| YoY Change | — | — | — | -2.9% | -25.9% |
Range83% – 112%
CAGR-18.6%
Avg YoY Growth-14.4%
Median YoY Growth-14.4%
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Frequently Asked Questions
- What is Markel's reinsurance — u.s. gaap combined ratio?
- Markel (MKL) reported reinsurance — u.s. gaap combined ratio of 83.0% in Q3 2022.
- How has Markel's reinsurance — u.s. gaap combined ratio changed year-over-year?
- Markel's reinsurance — u.s. gaap combined ratio decreased by 25.9% year-over-year, from 112.0% to 83.0%.
- What does reinsurance — u.s. gaap combined ratio mean?
- The percentage of premium dollars spent on claims and expenses.