Markel Group (Markel Group) Unearned Premiums : $6,642 Mil (As of Dec. 2023)

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What is Markel Group Unearned Premiums?

Markel Group's quarterly unearned premiums increased from Jun. 2023 ($7,072 Mil) to Sep. 2023 ($7,197 Mil) but then declined from Sep. 2023 ($7,197 Mil) to Dec. 2023 ($6,642 Mil).

Markel Group's annual unearned premiums increased from Dec. 2021 ($5,384 Mil) to Dec. 2022 ($6,221 Mil) and increased from Dec. 2022 ($6,221 Mil) to Dec. 2023 ($6,642 Mil).

Markel Group Unearned Premiums Historical Data

The historical data trend for Markel Group's Unearned Premiums can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Markel Group Unearned Premiums Chart

Markel Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Unearned Premiums

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4,057.73

4,433.25

5,383.62

6,220.75

6,642.43

Markel Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Unearned Premiums	Get a 7-Day Free Trial															6,220.75	6,570.37	7,072.18	7,196.81	6,642.43

Markel Group Unearned Premiums Calculation

The portion of premium that has not been earned by insurance companies. Insurance companies have to pay them back to the insured if the policies are cancelled.

Markel Group (Markel Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Markel Group Inc (NYSE:MKL) » Definitions » Unearned Premiums

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Traded in Other Exchanges

MKV:Germany MKV:Germany MKLC34:Brazil

Address

4521 Highwoods Parkway, Glen Allen, VA, USA, 23060-6148

Website

https://www.markel.com

Markel's primary business is property and casualty insurance, and the company focuses primarily on specialty lines, ranging from areas such as executive liability to commercial equine insurance. The acquisition of Alterra in 2013 added substantial reinsurance operations, which now account for a little less than 15% of premiums. The company uses capital generated by its insurance operations to buy noninsurance operations in diverse areas, such as bakery equipment manufacturing and residential homebuilding.

Executives

Lawrence A Cunningham	director	4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Mark Besca	director	4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
A. Lynne Puckett	director	C/O 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Thomas Sinnickson Gayner	officer: Pres. & Chief Investment Off.	C/O MARKEL CORP, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Steven A Markel	director, officer: Vice Chairman
Greta J Harris	director	4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Morgan E. Housel	director	4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Teresa S Gendron	officer: Chief Financial Officer	520 MADISON AVE., C/O JEFFERIES FINANCIAL GROUP INC., NEW YORK NY 10022
Diane Leopold	director	120 TREDEGAR STREET, RICHMOND VA 23219
Anthony F Markel	director, officer: Vice Chairman	4551 COX RD, GLEN ALLEN VA 23060
Andrew G. Crowley	officer: President, Markel Ventures	4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Whitt Richard R Iii	officer: President & Co-COO	C/O MARKEL CORPORATION, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Brian J. Costanzo	officer: CAO and Controller	4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Stewart M Kasen	director	5818 EL CAMINO REAL, CARLSBAD CA 92008
Susan L. Davies	officer: CHRO, Markel Insurance	MARKEL CORPORATION, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060