Discontinued — last reported Q4 '24
Business Segments · Unpaid losses and loss adjustment expenses
Reinsurance — Unpaid losses and loss adjustment expenses
Markel Reinsurance — Unpaid losses and loss adjustment expenses increased by 3.9% to $3.87B in Q4 2024 compared to the prior quarter.
Analysis
StatementSegment
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ4 2024
Rolls up toReserve for insurance claims
How to read this metric
An increase may reflect higher claim frequency or severity, or a more conservative reserving philosophy.
Detailed definition
The estimated liability for claims that have been reported but not yet paid, plus estimates for claims that have been in...
Peer comparison
Standard industry metric for loss reserves; peers report this as Loss and LAE Reserves.
Metric ID:
mkl_segment_reinsurance_unpaid_losses_and_loss_adjustment_expensesHistorical Data
4 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|---|
| Value | $3.64B | $3.58B | $3.73B | $3.87B |
| QoQ Change | — | -1.6% | +4.0% | +3.9% |
| YoY Change | — | -1.6% | +4.0% | +3.9% |
Range$3.58B – $3.87B
Avg YoY Growth+2.1%
Median YoY Growth+3.9%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is Markel's reinsurance — unpaid losses and loss adjustment expenses?
- Markel (MKL) reported reinsurance — unpaid losses and loss adjustment expenses of $3.87B in Q4 2024.
- What does reinsurance — unpaid losses and loss adjustment expenses mean?
- The total estimated amount the insurer expects to pay for claims that have already occurred.