Discontinued — last reported Q4 '25
Business Segments · Earned premiums
Underwriting Operations — Earned premiums
Markel Underwriting Operations — Earned premiums increased by 3.3% to $2.28B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 7.4%, from $2.12B to $2.28B. Over 3 years (FY 2022 to FY 2025), Underwriting Operations — Earned premiums shows an upward trend with a 4.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2016
Last reportedQ4 2025
Rolls up toNet premiums earned
How to read this metric
Higher earned premiums indicate growth in the insurance business and increased market reach.
Detailed definition
The portion of written premiums that corresponds to the expired part of the policy period. It represents the actual reve...
Peer comparison
Standard metric across all insurance companies, often compared against loss ratios.
Metric ID:
mkl_segment_underwriting_operations_earned_premiumsHistorical Data
16 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.76B | $1.83B | $1.96B | $2.04B | $1.97B | $2.03B | $2.12B | $2.18B | $2.13B | $2.08B | $2.11B | $2.12B | $2.09B | $2.14B | $2.21B | $2.28B |
| QoQ Change | — | +4.1% | +6.7% | +4.2% | -3.5% | +3.2% | +4.5% | +2.5% | -2.2% | -2.4% | +1.6% | +0.5% | -1.5% | +2.5% | +3.0% | +3.3% |
| YoY Change | — | — | — | — | +11.8% | +10.8% | +8.4% | +6.7% | +8.1% | +2.3% | -0.5% | -2.5% | -1.8% | +3.1% | +4.5% | +7.4% |
Range$1.76B – $2.28B
CAGR+7.1%
Avg YoY Growth+4.8%
Median YoY Growth+5.6%
Current Streak3 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Markel's underwriting operations — earned premiums?
- Markel (MKL) reported underwriting operations — earned premiums of $2.28B in Q4 2025.
- How has Markel's underwriting operations — earned premiums changed year-over-year?
- Markel's underwriting operations — earned premiums increased by 7.4% year-over-year, from $2.12B to $2.28B.
- What is the long-term trend for Markel's underwriting operations — earned premiums?
- Over 3 years (2022 to 2025), Markel's underwriting operations — earned premiums has grown at a 4.7% compound annual growth rate (CAGR), from $7.59B to $8.72B.
- What does underwriting operations — earned premiums mean?
- The revenue recognized by an insurer for the coverage provided during a specific time period.