Discontinued — last reported Q1 '23
Products & Services · Ceded Premiums Earned
Underwriting — Ceded Premiums Earned
Markel Underwriting — Ceded Premiums Earned increased by 14.6% to $402.44M in Q1 2023 compared to the prior quarter. Year-over-year, this metric grew by 18.4%, from $339.93M to $402.44M.
Analysis
StatementSegment
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ2 2017
Last reportedQ1 2023
How to read this metric
An increase may signal a more conservative risk appetite or a strategic decision to hedge against potential large losses.
Detailed definition
Ceded premiums earned represent the portion of premiums that the company has paid to reinsurers to transfer a portion of...
Peer comparison
Standard industry metric for risk transfer; comparable to 'Ceded Premiums' reported by all P&C insurers.
Metric ID:
mkl_segment_underwriting_ceded_premiums_earnedHistorical Data
6 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | |
|---|---|---|---|---|---|---|
| Value | $294.68M | $331.40M | $339.93M | $321.44M | $351.12M | $402.44M |
| QoQ Change | — | +12.5% | +2.6% | -5.4% | +9.2% | +14.6% |
| YoY Change | — | — | — | +9.1% | +6.0% | +18.4% |
Range$294.68M – $402.44M
CAGR+28.3%
Avg YoY Growth+11.1%
Median YoY Growth+9.1%
Current Streak2 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Markel's underwriting — ceded premiums earned?
- Markel (MKL) reported underwriting — ceded premiums earned of $402.44M in Q1 2023.
- How has Markel's underwriting — ceded premiums earned changed year-over-year?
- Markel's underwriting — ceded premiums earned increased by 18.4% year-over-year, from $339.93M to $402.44M.
- What does underwriting — ceded premiums earned mean?
- The portion of earned premiums paid to other companies to share the risk of insurance policies.