◆ Market Data --:--
Commodities
Loading...
📈 Yields & Rates
Loading...
💱 FX Rates
Loading...
📈 Market Pulse
Loading...
🏛 Congress Trades
Loading...
👤 Insider Trades
Loading...
Customize Items

10-Q Filing

MARKEL GROUP INC. CIK: 1096343 Q1 2022
Filing Information
Form Type 10-Q
Accession Number 0001096343-22-000061
Period End Date 20220331
Filing Date 20220426
Fiscal Year 2022
Fiscal Period Q1
XBRL Instance mkl-20220331_htm.xml
Filing Contents
Balance Sheet 69 line items
Line Item Tag Value Unit Period
Fixed maturities, available-for-sale, amortized cost AvailableForSaleDebtSecuritiesAmortizedCostBasis $12.06B USD Point-in-time
Fixed maturities, available-for-sale (amortized cost of $12,435,270 in 2022 and $12,061,467 in 2021) AvailableForSaleSecuritiesDebtSecurities $12.30B USD Point-in-time
Fixed maturities, available-for-sale (amortized cost of $12,435,270 in 2022 and $12,061,467 in 2021) AvailableForSaleSecuritiesDebtSecurities $12.59B USD Point-in-time
Fixed maturities, available-for-sale, amortized cost AvailableForSaleDebtSecuritiesAmortizedCostBasis $12.44B USD Point-in-time
Equity securities, cost EquitySecuritiesFvNiCost $2.87B USD Point-in-time
Equity securities, cost EquitySecuritiesFvNiCost $2.88B USD Point-in-time
Equity securities (cost of $2,876,496 in 2022 and $2,867,899 in 2021) EquitySecuritiesFvNi $9.02B USD Point-in-time
Equity securities (cost of $2,876,496 in 2022 and $2,867,899 in 2021) EquitySecuritiesFvNi $8.66B USD Point-in-time
Senior long-term debt and other debt, fair value DebtInstrumentFairValue $5.02B USD Point-in-time
Senior long-term debt and other debt, fair value DebtInstrumentFairValue $4.60B USD Point-in-time
Short-term investments, available-for-sale (estimated fair value approximates cost) OtherShortTermInvestments $2.09B USD Point-in-time
Short-term investments, available-for-sale (estimated fair value approximates cost) OtherShortTermInvestments $1.80B USD Point-in-time
Total Investments Investments $23.41B USD Point-in-time
Total Investments Investments $23.04B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $3.98B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $3.89B USD Point-in-time
Restricted cash and cash equivalents RestrictedCashAndCashEquivalents $902.46M USD Point-in-time
Restricted cash and cash equivalents RestrictedCashAndCashEquivalents $1.32B USD Point-in-time
Receivables PremiumsAndOtherReceivablesNet $2.41B USD Point-in-time
Receivables PremiumsAndOtherReceivablesNet $2.69B USD Point-in-time
Reinsurance recoverables ReinsuranceRecoverablesOnPaidAndUnpaidLosses $7.19B USD Point-in-time
Reinsurance recoverables ReinsuranceRecoverablesOnPaidAndUnpaidLosses $7.29B USD Point-in-time
Deferred policy acquisition costs DeferredPolicyAcquisitionCosts $794.14M USD Point-in-time
Deferred policy acquisition costs DeferredPolicyAcquisitionCosts $899.36M USD Point-in-time
Prepaid reinsurance premiums PrepaidReinsurancePremiums $1.94B USD Point-in-time
Prepaid reinsurance premiums PrepaidReinsurancePremiums $1.80B USD Point-in-time
Goodwill Goodwill $2.77B USD Point-in-time
Goodwill Goodwill $2.90B USD Point-in-time
Intangible assets IntangibleAssetsNetExcludingGoodwill $1.77B USD Point-in-time
Intangible assets IntangibleAssetsNetExcludingGoodwill $1.82B USD Point-in-time
Other assets OtherAssets $3.16B USD Point-in-time
Other assets OtherAssets $3.47B USD Point-in-time
Total Assets Assets $48.48B USD Point-in-time
Total Assets Assets $48.99B USD Point-in-time
Unpaid losses and loss adjustment expenses LiabilityForClaimsAndClaimsAdjustmentExpense $18.84B USD Point-in-time
Unpaid losses and loss adjustment expenses LiabilityForClaimsAndClaimsAdjustmentExpense $16.60B USD Point-in-time
Unpaid losses and loss adjustment expenses LiabilityForClaimsAndClaimsAdjustmentExpense $18.18B USD Point-in-time
Life and annuity benefits LiabilityForFuturePolicyBenefits $902.98M USD Point-in-time
Life and annuity benefits LiabilityForFuturePolicyBenefits $824.17M USD Point-in-time
Unearned premiums UnearnedPremiums $5.38B USD Point-in-time
Unearned premiums UnearnedPremiums $5.92B USD Point-in-time
Payables to insurance and reinsurance companies ReinsurancePayable $616.66M USD Point-in-time
Payables to insurance and reinsurance companies ReinsurancePayable $634.09M USD Point-in-time
Senior long-term debt and other debt (estimated fair value of $4,602,000 in 2022 and $5,017,000 in 2021) LongTermDebt $4.36B USD Point-in-time
Senior long-term debt and other debt (estimated fair value of $4,602,000 in 2022 and $5,017,000 in 2021) LongTermDebt $4.43B USD Point-in-time
Other liabilities OtherLiabilities $3.83B USD Point-in-time
Other liabilities OtherLiabilities $3.74B USD Point-in-time
Total Liabilities Liabilities $34.40B USD Point-in-time
Total Liabilities Liabilities $33.28B USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCommonCarryingAmount $480.35M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCommonCarryingAmount $461.38M USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Preferred Stock PreferredStockValue $591.89M USD Point-in-time
Preferred Stock PreferredStockValue $591.89M USD Point-in-time
Common stock CommonStockValue $3.44B USD Point-in-time
Common stock CommonStockValue $3.47B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $10.28B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $10.45B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $237.62M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-238.57M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $14.72B USD Point-in-time
Total Shareholders' Equity StockholdersEquity $14.10B USD Point-in-time
Noncontrolling interests MinorityInterest $5.55M USD Point-in-time
Noncontrolling interests MinorityInterest $22.86M USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.74B USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.11B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $48.48B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $48.99B USD Point-in-time
Income Statement 66 line items
Line Item Tag Value Unit Period
Earned premiums PremiumsEarnedNet $1.50B USD 1 Quarter
Earned premiums PremiumsEarnedNet $1.76B USD 1 Quarter
Net investment income NetInvestmentIncome $96.57M USD 1 Quarter
Net investment income NetInvestmentIncome $72.73M USD 1 Quarter
Net investment gains (losses) NetInvestmentGainsLosses $526.87M USD 1 Quarter
Net investment gains (losses) NetInvestmentGainsLosses $-358.40M USD 1 Quarter
Products revenues ProductsRevenues $481.62M USD 1 Quarter
Products revenues ProductsRevenues $328.83M USD 1 Quarter
Services and other revenues Servicesandotherrevenues $650.51M USD 1 Quarter
Services and other revenues Servicesandotherrevenues $450.23M USD 1 Quarter
Total Operating Revenues Revenues $2.61B USD 1 Quarter
Total Operating Revenues Revenues $2.90B USD 1 Quarter
Losses and loss adjustment expenses IncurredClaimsPropertyCasualtyAndLiability $879.92M USD 1 Quarter
Losses and loss adjustment expenses IncurredClaimsPropertyCasualtyAndLiability $972.37M USD 1 Quarter
Underwriting, acquisition and insurance expenses UnderwritingAcquisitionAndInsuranceExpenses $526.74M USD 1 Quarter
Underwriting, acquisition and insurance expenses UnderwritingAcquisitionAndInsuranceExpenses $590.37M USD 1 Quarter
Products expenses Productsexpenses $296.53M USD 1 Quarter
Products expenses Productsexpenses $447.82M USD 1 Quarter
Services and other expenses Servicesandotherexpenses $591.78M USD 1 Quarter
Services and other expenses Servicesandotherexpenses $412.10M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $46.05M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $39.55M USD 1 Quarter
Total Operating Expenses CostsAndExpenses $2.65B USD 1 Quarter
Total Operating Expenses CostsAndExpenses $2.15B USD 1 Quarter
Operating Income (Loss) OperatingIncomeLoss $745.36M USD 1 Quarter
Operating Income (Loss) OperatingIncomeLoss $-42.15M USD 1 Quarter
Interest expense InterestExpense $49.69M USD 1 Quarter
Interest expense InterestExpense $42.39M USD 1 Quarter
Net foreign exchange gains (losses) ForeignCurrencyTransactionGainLossRealized $25.08M USD 1 Quarter
Net foreign exchange gains (losses) ForeignCurrencyTransactionGainLossRealized $23.49M USD 1 Quarter
Income (Loss) Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $728.05M USD 1 Quarter
Income (Loss) Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-68.34M USD 1 Quarter
Income tax (expense) benefit IncomeTaxExpenseBenefit $148.37M USD 1 Quarter
Income tax (expense) benefit IncomeTaxExpenseBenefit $-18.43M USD 1 Quarter
Net Income (Loss) ProfitLoss $-49.91M USD 1 Quarter
Net Income (Loss) ProfitLoss $579.68M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $2.93M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $5.99M USD 1 Quarter
Net Income (Loss) to Shareholders NetIncomeLoss $-52.84M USD 1 Quarter
Net Income (Loss) to Shareholders NetIncomeLoss $573.69M USD 1 Quarter
Preferred stock dividends PreferredStockDividendsIncomeStatementImpact - USD 1 Quarter
Preferred stock dividends PreferredStockDividendsIncomeStatementImpact - USD 1 Quarter
Net Income (Loss) to Common Stockholders NetIncomeLossAvailableToCommonStockholdersBasic $-52.84M USD 1 Quarter
Net Income (Loss) to Common Stockholders NetIncomeLossAvailableToCommonStockholdersBasic $573.69M USD 1 Quarter
Net holding losses arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-476.52M USD 1 Quarter
Net holding losses arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-214.38M USD 1 Quarter
Reclassification adjustments for net gains (losses) included in net income (loss) ReclassificationAdjustmentsForNetGainsLossesIncludedInNetIncomeLoss $88.00K USD 1 Quarter
Reclassification adjustments for net gains (losses) included in net income (loss) ReclassificationAdjustmentsForNetGainsLossesIncludedInNetIncomeLoss $-437.00K USD 1 Quarter
Change in net unrealized gains (losses) on available-for-sale investments, net of taxes OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-476.08M USD 1 Quarter
Change in net unrealized gains (losses) on available-for-sale investments, net of taxes OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-214.46M USD 1 Quarter
Change in foreign currency translation adjustments, net of taxes OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-808.00K USD 1 Quarter
Change in foreign currency translation adjustments, net of taxes OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-1.25M USD 1 Quarter
Change in net actuarial pension loss, net of taxes OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-592.00K USD 1 Quarter
Change in net actuarial pension loss, net of taxes OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-1.13M USD 1 Quarter
Total Other Comprehensive Loss OtherComprehensiveIncomeLossNetOfTax $-214.68M USD 1 Quarter
Total Other Comprehensive Loss OtherComprehensiveIncomeLossNetOfTax $-476.20M USD 1 Quarter
Comprehensive Income (Loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-526.11M USD 1 Quarter
Comprehensive Income (Loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $365.00M USD 1 Quarter
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $6.00M USD 1 Quarter
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.92M USD 1 Quarter
Comprehensive Income (Loss) to Shareholders ComprehensiveIncomeNetOfTax $359.00M USD 1 Quarter
Comprehensive Income (Loss) to Shareholders ComprehensiveIncomeNetOfTax $-529.03M USD 1 Quarter
Basic EarningsPerShareBasic $42.09 USD 1 Quarter
Basic EarningsPerShareBasic $-6.58 USD 1 Quarter
Diluted EarningsPerShareDiluted $-6.58 USD 1 Quarter
Diluted EarningsPerShareDiluted $42.02 USD 1 Quarter
Cash Flow Statement 48 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $-49.91M USD 1 Quarter
Net income (loss) ProfitLoss $579.68M USD 1 Quarter
Adjustments to reconcile net income (loss) to net cash provided by operating activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $464.79M USD 1 Quarter
Adjustments to reconcile net income (loss) to net cash provided by operating activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $-261.56M USD 1 Quarter
Net Cash Provided By Operating Activities NetCashProvidedByUsedInOperatingActivities $414.87M USD 1 Quarter
Net Cash Provided By Operating Activities NetCashProvidedByUsedInOperatingActivities $318.12M USD 1 Quarter
Proceeds from sales, maturities, calls and prepayments of fixed maturity securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $119.55M USD 1 Quarter
Proceeds from sales, maturities, calls and prepayments of fixed maturity securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $100.12M USD 1 Quarter
Cost of fixed maturity securities purchased PaymentsToAcquireAvailableForSaleSecuritiesDebt $517.40M USD 1 Quarter
Cost of fixed maturity securities purchased PaymentsToAcquireAvailableForSaleSecuritiesDebt $552.18M USD 1 Quarter
Proceeds from sales of equity securities ProceedsFromSaleOfEquitySecuritiesFvNi $69.12M USD 1 Quarter
Proceeds from sales of equity securities ProceedsFromSaleOfEquitySecuritiesFvNi $76.79M USD 1 Quarter
Cost of equity securities purchased PaymentsToAcquireEquitySecuritiesFvNi $43.52M USD 1 Quarter
Cost of equity securities purchased PaymentsToAcquireEquitySecuritiesFvNi $112.78M USD 1 Quarter
Net change in short-term investments PaymentsForProceedsFromShortTermInvestments $663.12M USD 1 Quarter
Net change in short-term investments PaymentsForProceedsFromShortTermInvestments $287.03M USD 1 Quarter
Additions to property and equipment PaymentsToAcquirePropertyPlantAndEquipment $51.70M USD 1 Quarter
Additions to property and equipment PaymentsToAcquirePropertyPlantAndEquipment $30.65M USD 1 Quarter
Consolidation of Markel CATCo Re, net ConsolidationOfMarkelCATCoReNet - USD 1 Quarter
Consolidation of Markel CATCo Re, net ConsolidationOfMarkelCATCoReNet $629.96M USD 1 Quarter
Proceeds from sale of business, net ProceedsFromDivestitureOfBusinessesNetOfCashDivested $106.85M USD 1 Quarter
Proceeds from sale of business, net ProceedsFromDivestitureOfBusinessesNetOfCashDivested $37.13M USD 1 Quarter
Other PaymentsForProceedsFromOtherInvestingActivities $-5.51M USD 1 Quarter
Other PaymentsForProceedsFromOtherInvestingActivities $14.20M USD 1 Quarter
Net Cash Used By Investing Activities NetCashProvidedByUsedInInvestingActivities $-1.08B USD 1 Quarter
Net Cash Used By Investing Activities NetCashProvidedByUsedInInvestingActivities $-49.98M USD 1 Quarter
Additions to senior long-term debt and other debt ProceedsFromIssuanceOfDebt $152.35M USD 1 Quarter
Additions to senior long-term debt and other debt ProceedsFromIssuanceOfDebt $254.28M USD 1 Quarter
Repayments of senior long-term debt and other debt RepaymentsOfDebt $189.03M USD 1 Quarter
Repayments of senior long-term debt and other debt RepaymentsOfDebt $71.59M USD 1 Quarter
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $22.02M USD 1 Quarter
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $79.30M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $-5.04M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $-4.81M USD 1 Quarter
Net Cash Provided (Used) By Financing Activities NetCashProvidedByUsedInFinancingActivities $53.71M USD 1 Quarter
Net Cash Provided (Used) By Financing Activities NetCashProvidedByUsedInFinancingActivities $-18.85M USD 1 Quarter
Effect of foreign currency rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-12.99M USD 1 Quarter
Effect of foreign currency rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-19.41M USD 1 Quarter
Increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-718.75M USD 1 Quarter
Increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $326.64M USD 1 Quarter
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.88B USD Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.21B USD Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.50B USD Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.22B USD Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.88B USD Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.21B USD Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.50B USD Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.22B USD Point-in-time
Stockholders Equity 14 line items
Line Item Tag Value Unit Period
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.74B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.11B USD Point-in-time
Balance, redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCommonCarryingAmount $480.35M USD Point-in-time
Balance, redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCommonCarryingAmount $461.38M USD Point-in-time
Net Income (Loss) ProfitLoss $-49.91M USD 1 Quarter
Net Income (Loss) ProfitLoss $579.68M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-214.68M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-476.20M USD 1 Quarter
Comprehensive Income (Loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-526.11M USD 1 Quarter
Comprehensive Income (Loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $365.00M USD 1 Quarter
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.74B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.11B USD Point-in-time
Balance, redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCommonCarryingAmount $480.35M USD Point-in-time
Balance, redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCommonCarryingAmount $461.38M USD Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

NEWS
Loading article...
NEWS
Loading news...
TRENDING
Loading...