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Markel Group (BSP:MKLC34) Combined Ratio % : 0.00% (As of . 20)


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What is Markel Group Combined Ratio %?

Combined Ratio % is a profitability metric of an insurance company to measure its performance in daily operations. It measures the money flowing out of an insurance company in the form of dividends, expenses, and losses.

The historical rank and industry rank for Markel Group's Combined Ratio % or its related term are showing as below:

BSP:MKLC34's Combined Ratio % is not ranked *
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Combined Ratio % only.

Markel Group Combined Ratio % Historical Data

The historical data trend for Markel Group's Combined Ratio % 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.

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Markel Group Combined Ratio % Chart


Markel Group  (BSP:MKLC34) Combined Ratio % Calculation

Combined Ratio % is calculated as:

Combined Ratio %=( Incurred Losses + Expenses ) / Earned Premium * 100%

* 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.

Markel Group  (BSP:MKLC34) Combined Ratio % Explanation

Combined Ratio % measures the money flowing out of an insurance company in the form of dividends, expenses and losses. A ratio below 100 percent suggests that the company is making an underwriting profit, while a ratio above 100 percent means that it paid more in the claim than it received. However, a ratio above 100 percent does not necessarily mean the company is losing money because the investment income is not included in the calculation.

Compared to Claims Ratio % and Expense Ratio %, the combined ratio is most important because it provides a comprehensive measure of an insurer's profitability.

Markel Group Combined Ratio % Related Terms

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Markel Group (BSP:MKLC34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Markel Group Inc (BSP:MKLC34) » Definitions » Combined Ratio %
Comparable Companies
WRB CINF L CNA AFG HIG KNSL RLI SIGI THG PGR CB TSE:8766 TRV ALL HKSE:01339 TSX:IFC HKSE:02328 TSE:8725 TSX:FFH
Traded in Other Exchanges
MKL:USA MKV:Germany MKV:Germany
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.

Markel Group (BSP:MKLC34) Headlines

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