GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Markel Group Inc (BSP:MKLC34) » Definitions » Unearned Premiums

Markel Group (BSP:MKLC34) Unearned Premiums : R$35,625 Mil (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Markel Group Unearned Premiums?

Markel Group's quarterly unearned premiums declined from Sep. 2023 (R$35,543 Mil) to Dec. 2023 (R$32,547 Mil) but then increased from Dec. 2023 (R$32,547 Mil) to Mar. 2024 (R$35,625 Mil).

Markel Group's annual unearned premiums increased from Dec. 2021 (R$30,444 Mil) to Dec. 2022 (R$32,630 Mil) but then declined from Dec. 2022 (R$32,630 Mil) to Dec. 2023 (R$32,547 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
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,654.94 22,807.72 30,443.83 32,630.31 32,546.56

Markel Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Unearned Premiums Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34,222.45 34,326.25 35,542.88 32,546.56 35,625.47

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 (BSP:MKLC34) Business Description

Traded in Other Exchanges
Address
4521 Highwoods Parkway, Glen Allen, VA, USA, 23060-6148
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

No Headlines