Markel Insurance and reinsurance balances payable remained flat by 0.0% to $55.97M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 43.8%, from $99.59M to $55.97M. Over 4 years (FY 2021 to FY 2025), Insurance and reinsurance balances payable shows an upward trend with a 14.2% CAGR.
Fluctuations indicate changes in the volume of reinsurance activity or the timing of cash settlements with reinsurance counterparties.
The change in amounts owed to reinsurers for premiums ceded or claims recovered. This reflects the company's reliance on...
Common for insurers that utilize reinsurance to mitigate underwriting risk.
operating_increase_decrease_in_reinsurance_payables| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $131.56M | $210.81M | $365.38M | $398.36M | $223.88M |
| YoY Change | — | +60.2% | +73.3% | +9.0% | -43.8% |