Recoverable balances as a percentage of the total balance
Markel·Business Segments·3 segments
| Segment | Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 |
|---|---|---|---|---|---|
| Markel Insurance | — | — | — | — | 100% |
| Underwriting Operations | 63% | 62% | 65% | 63% | 63% |
| Fronting | — | — | — | — | 63% |
| Total | — | — | — | — | 100% |