Discontinued — last reported Q2 '23
Business Segments · Underwriting Profit (Loss)
Reinsurance — Underwriting Profit (Loss)
Markel Reinsurance — Underwriting Profit (Loss) decreased by 37.3% to $15.18M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 295.5%, from $3.84M to $15.18M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2013
Last reportedQ2 2023
How to read this metric
A positive underwriting profit indicates that the company is pricing its risks effectively, while a loss suggests underpricing or adverse claim experience.
Detailed definition
The profit or loss generated specifically from insurance underwriting activities, calculated as earned premiums minus in...
Peer comparison
Key industry metric; peers are evaluated based on their ability to maintain consistent underwriting profits across market cycles.
Metric ID:
mkl_segment_reinsurance_underwriting_profit_lossHistorical Data
9 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | -$5.01M | -$30.44M | $0.00 | $13.28M | $3.84M | $43.26M | $23.48M | $24.23M | $15.18M |
| QoQ Change | — | -507.4% | +100.0% | — | -71.1% | >999% | -45.7% | +3.2% | -37.3% |
| YoY Change | — | — | — | — | +176.6% | +242.1% | — | +82.4% | +295.5% |
Range-$30.44M – $43.26M
CAGR+74.1%
Avg YoY Growth+199.2%
Median YoY Growth+209.3%
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Frequently Asked Questions
- What is Markel's reinsurance — underwriting profit (loss)?
- Markel (MKL) reported reinsurance — underwriting profit (loss) of $15.18M in Q2 2023.
- How has Markel's reinsurance — underwriting profit (loss) changed year-over-year?
- Markel's reinsurance — underwriting profit (loss) increased by 295.5% year-over-year, from $3.84M to $15.18M.
- What does reinsurance — underwriting profit (loss) mean?
- The profit or loss from insurance operations, excluding investment gains or losses.