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10-Q Filing

MARKEL GROUP INC. CIK: 1096343 Q1 2024
Filing Information
Form Type 10-Q
Accession Number 0001096343-24-000057
Period End Date 20240331
Filing Date 20240501
Fiscal Year 2024
Fiscal Period Q1
XBRL Instance mkl-20240331_htm.xml
Filing Contents
Balance Sheet 140 line items
Line Item Tag Value Unit Period
Fixed maturities, available-for-sale, amortized cost AvailableForSaleDebtSecuritiesAmortizedCostBasis $15.23B USD Point-in-time
Fixed maturities, available-for-sale, amortized cost AvailableForSaleDebtSecuritiesAmortizedCostBasis $15.23B USD Point-in-time
Fixed maturities, available-for-sale, amortized cost AvailableForSaleDebtSecuritiesAmortizedCostBasis $14.93B USD Point-in-time
Fixed maturities, available-for-sale, amortized cost AvailableForSaleDebtSecuritiesAmortizedCostBasis $14.93B USD Point-in-time
Equity securities, cost EquitySecuritiesFvNiCost $3.57B USD Point-in-time
Equity securities, cost EquitySecuritiesFvNiCost $3.57B USD Point-in-time
Equity securities, cost EquitySecuritiesFvNiCost $3.50B USD Point-in-time
Equity securities, cost EquitySecuritiesFvNiCost $3.50B USD Point-in-time
Fixed maturity securities, available-for-sale (amortized cost of $15,227,752 in 2024 and $14,932,286 in 2023) AvailableForSaleSecuritiesDebtSecurities $14.37B USD Point-in-time
Fixed maturity securities, available-for-sale (amortized cost of $15,227,752 in 2024 and $14,932,286 in 2023) AvailableForSaleSecuritiesDebtSecurities $14.37B USD Point-in-time
Fixed maturity securities, available-for-sale (amortized cost of $15,227,752 in 2024 and $14,932,286 in 2023) AvailableForSaleSecuritiesDebtSecurities $14.52B USD Point-in-time
Fixed maturity securities, available-for-sale (amortized cost of $15,227,752 in 2024 and $14,932,286 in 2023) AvailableForSaleSecuritiesDebtSecurities $14.52B USD Point-in-time
Equity securities (cost of $3,573,927 in 2024 and $3,497,071 in 2023) EquitySecuritiesFvNi $9.58B USD Point-in-time
Equity securities (cost of $3,573,927 in 2024 and $3,497,071 in 2023) EquitySecuritiesFvNi $9.58B USD Point-in-time
Senior long-term debt and other debt, fair value DebtInstrumentFairValue $3.39B USD Point-in-time
Senior long-term debt and other debt, fair value DebtInstrumentFairValue $3.39B USD Point-in-time
Senior long-term debt and other debt, fair value DebtInstrumentFairValue $3.35B USD Point-in-time
Senior long-term debt and other debt, fair value DebtInstrumentFairValue $3.35B USD Point-in-time
Equity securities (cost of $3,573,927 in 2024 and $3,497,071 in 2023) EquitySecuritiesFvNi $10.57B USD Point-in-time
Equity securities (cost of $3,573,927 in 2024 and $3,497,071 in 2023) EquitySecuritiesFvNi $10.57B USD Point-in-time
Short-term investments, available-for-sale (estimated fair value approximates cost) OtherShortTermInvestments $2.62B USD Point-in-time
Short-term investments, available-for-sale (estimated fair value approximates cost) OtherShortTermInvestments $2.62B USD Point-in-time
Short-term investments, available-for-sale (estimated fair value approximates cost) OtherShortTermInvestments $2.57B USD Point-in-time
Short-term investments, available-for-sale (estimated fair value approximates cost) OtherShortTermInvestments $2.57B USD Point-in-time
Total Investments Investments $27.71B USD Point-in-time
Total Investments Investments $27.71B USD Point-in-time
Total Investments Investments $26.52B USD Point-in-time
Total Investments Investments $26.52B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $3.75B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $3.75B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $3.63B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $3.63B USD Point-in-time
Restricted cash and cash equivalents RestrictedCashAndCashEquivalents $584.97M USD Point-in-time
Restricted cash and cash equivalents RestrictedCashAndCashEquivalents $584.97M USD Point-in-time
Restricted cash and cash equivalents RestrictedCashAndCashEquivalents $649.60M USD Point-in-time
Restricted cash and cash equivalents RestrictedCashAndCashEquivalents $649.60M USD Point-in-time
Receivables PremiumsAndOtherReceivablesNet $3.61B USD Point-in-time
Receivables PremiumsAndOtherReceivablesNet $3.61B USD Point-in-time
Receivables PremiumsAndOtherReceivablesNet $3.46B USD Point-in-time
Receivables PremiumsAndOtherReceivablesNet $3.46B USD Point-in-time
Reinsurance recoverables ReinsuranceRecoverablesOnPaidAndUnpaidLosses $9.24B USD Point-in-time
Reinsurance recoverables ReinsuranceRecoverablesOnPaidAndUnpaidLosses $9.24B USD Point-in-time
Reinsurance recoverables ReinsuranceRecoverablesOnPaidAndUnpaidLosses $9.58B USD Point-in-time
Reinsurance recoverables ReinsuranceRecoverablesOnPaidAndUnpaidLosses $9.58B USD Point-in-time
Deferred policy acquisition costs DeferredPolicyAcquisitionCosts $961.82M USD Point-in-time
Deferred policy acquisition costs DeferredPolicyAcquisitionCosts $961.82M USD Point-in-time
Deferred policy acquisition costs DeferredPolicyAcquisitionCosts $931.34M USD Point-in-time
Deferred policy acquisition costs DeferredPolicyAcquisitionCosts $931.34M USD Point-in-time
Prepaid reinsurance premiums PrepaidReinsurancePremiums $2.37B USD Point-in-time
Prepaid reinsurance premiums PrepaidReinsurancePremiums $2.37B USD Point-in-time
Prepaid reinsurance premiums PrepaidReinsurancePremiums $2.78B USD Point-in-time
Prepaid reinsurance premiums PrepaidReinsurancePremiums $2.78B USD Point-in-time
Goodwill Goodwill $2.62B USD Point-in-time
Goodwill Goodwill $2.62B USD Point-in-time
Goodwill Goodwill $2.63B USD Point-in-time
Goodwill Goodwill $2.63B USD Point-in-time
Intangible assets IntangibleAssetsNetExcludingGoodwill $1.59B USD Point-in-time
Intangible assets IntangibleAssetsNetExcludingGoodwill $1.59B USD Point-in-time
Intangible assets IntangibleAssetsNetExcludingGoodwill $1.55B USD Point-in-time
Intangible assets IntangibleAssetsNetExcludingGoodwill $1.55B USD Point-in-time
Other assets OtherAssets $4.20B USD Point-in-time
Other assets OtherAssets $4.20B USD Point-in-time
Other assets OtherAssets $3.99B USD Point-in-time
Other assets OtherAssets $3.99B USD Point-in-time
Total Assets Assets $57.29B USD Point-in-time
Total Assets Assets $57.29B USD Point-in-time
Total Assets Assets $55.05B USD Point-in-time
Total Assets Assets $55.05B USD Point-in-time
Unpaid losses and loss adjustment expenses LiabilityForClaimsAndClaimsAdjustmentExpense $23.48B USD Point-in-time
Unpaid losses and loss adjustment expenses LiabilityForClaimsAndClaimsAdjustmentExpense $23.48B USD Point-in-time
Unpaid losses and loss adjustment expenses LiabilityForClaimsAndClaimsAdjustmentExpense $24.14B USD Point-in-time
Unpaid losses and loss adjustment expenses LiabilityForClaimsAndClaimsAdjustmentExpense $24.14B USD Point-in-time
Unpaid losses and loss adjustment expenses LiabilityForClaimsAndClaimsAdjustmentExpense $21.31B USD Point-in-time
Unpaid losses and loss adjustment expenses LiabilityForClaimsAndClaimsAdjustmentExpense $21.31B USD Point-in-time
Unpaid losses and loss adjustment expenses LiabilityForClaimsAndClaimsAdjustmentExpense $20.95B USD Point-in-time
Unpaid losses and loss adjustment expenses LiabilityForClaimsAndClaimsAdjustmentExpense $20.95B USD Point-in-time
Life and annuity benefits LiabilityForFuturePolicyBenefits $649.05M USD Point-in-time
Life and annuity benefits LiabilityForFuturePolicyBenefits $649.05M USD Point-in-time
Life and annuity benefits LiabilityForFuturePolicyBenefits $617.27M USD Point-in-time
Life and annuity benefits LiabilityForFuturePolicyBenefits $617.27M USD Point-in-time
Unearned premiums UnearnedPremiums $6.64B USD Point-in-time
Unearned premiums UnearnedPremiums $6.64B USD Point-in-time
Unearned premiums UnearnedPremiums $7.15B USD Point-in-time
Unearned premiums UnearnedPremiums $7.15B USD Point-in-time
Payables to insurance and reinsurance companies ReinsurancePayable $1.24B USD Point-in-time
Payables to insurance and reinsurance companies ReinsurancePayable $1.24B USD Point-in-time
Payables to insurance and reinsurance companies ReinsurancePayable $1.04B USD Point-in-time
Payables to insurance and reinsurance companies ReinsurancePayable $1.04B USD Point-in-time
Senior long-term debt and other debt (estimated fair value of $3,386,000 in 2024 and $3,353,000 in 2023) LongTermDebt $3.78B USD Point-in-time
Senior long-term debt and other debt (estimated fair value of $3,386,000 in 2024 and $3,353,000 in 2023) LongTermDebt $3.78B USD Point-in-time
Senior long-term debt and other debt (estimated fair value of $3,386,000 in 2024 and $3,353,000 in 2023) LongTermDebt $3.86B USD Point-in-time
Senior long-term debt and other debt (estimated fair value of $3,386,000 in 2024 and $3,353,000 in 2023) LongTermDebt $3.86B USD Point-in-time
Other liabilities OtherLiabilities $3.93B USD Point-in-time
Other liabilities OtherLiabilities $3.93B USD Point-in-time
Other liabilities OtherLiabilities $3.96B USD Point-in-time
Other liabilities OtherLiabilities $3.96B USD Point-in-time
Total Liabilities Liabilities $39.52B USD Point-in-time
Total Liabilities Liabilities $39.52B USD Point-in-time
Total Liabilities Liabilities $40.97B USD Point-in-time
Total Liabilities Liabilities $40.97B USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCommonCarryingAmount $469.69M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCommonCarryingAmount $469.69M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCommonCarryingAmount $499.99M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCommonCarryingAmount $499.99M USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - 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
Preferred Stock PreferredStockValue $591.89M USD Point-in-time
Preferred Stock PreferredStockValue $591.89M USD Point-in-time
Common stock CommonStockValue $3.55B USD Point-in-time
Common stock CommonStockValue $3.55B USD Point-in-time
Common stock CommonStockValue $3.52B USD Point-in-time
Common stock CommonStockValue $3.52B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $12.18B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $12.18B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $11.35B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $11.35B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-595.01M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-595.01M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-478.21M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-478.21M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $15.73B USD Point-in-time
Total Shareholders' Equity StockholdersEquity $15.73B USD Point-in-time
Total Shareholders' Equity StockholdersEquity $14.98B USD Point-in-time
Total Shareholders' Equity StockholdersEquity $14.98B USD Point-in-time
Noncontrolling interests MinorityInterest $72.28M USD Point-in-time
Noncontrolling interests MinorityInterest $72.28M USD Point-in-time
Noncontrolling interests MinorityInterest $87.80M USD Point-in-time
Noncontrolling interests MinorityInterest $87.80M USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.06B USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.06B USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.82B USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.82B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $55.05B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $55.05B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $57.29B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $57.29B USD Point-in-time
Income Statement 136 line items
Line Item Tag Value Unit Period
Earned premiums PremiumsEarnedNet $1.97B USD 1 Quarter
Earned premiums PremiumsEarnedNet $1.97B USD 1 Quarter
Earned premiums PremiumsEarnedNet $2.13B USD 1 Quarter
Earned premiums PremiumsEarnedNet $2.13B USD 1 Quarter
Net investment income NetInvestmentIncome $159.34M USD 1 Quarter
Net investment income NetInvestmentIncome $159.34M USD 1 Quarter
Net investment income NetInvestmentIncome $218.27M USD 1 Quarter
Net investment income NetInvestmentIncome $218.27M USD 1 Quarter
Net investment gains NetInvestmentGainsLosses $902.28M USD 1 Quarter
Net investment gains NetInvestmentGainsLosses $902.28M USD 1 Quarter
Net investment gains NetInvestmentGainsLosses $372.56M USD 1 Quarter
Net investment gains NetInvestmentGainsLosses $372.56M USD 1 Quarter
Products revenues ProductsRevenues $600.84M USD 1 Quarter
Products revenues ProductsRevenues $600.84M USD 1 Quarter
Products revenues ProductsRevenues $577.93M USD 1 Quarter
Products revenues ProductsRevenues $577.93M USD 1 Quarter
Services and other revenues Servicesandotherrevenues $565.86M USD 1 Quarter
Services and other revenues Servicesandotherrevenues $565.86M USD 1 Quarter
Services and other revenues Servicesandotherrevenues $617.64M USD 1 Quarter
Services and other revenues Servicesandotherrevenues $617.64M USD 1 Quarter
Total Operating Revenues Revenues $3.64B USD 1 Quarter
Total Operating Revenues Revenues $3.64B USD 1 Quarter
Total Operating Revenues Revenues $4.47B USD 1 Quarter
Total Operating Revenues Revenues $4.47B USD 1 Quarter
Losses and loss adjustment expenses IncurredClaimsPropertyCasualtyAndLiability $1.29B USD 1 Quarter
Losses and loss adjustment expenses IncurredClaimsPropertyCasualtyAndLiability $1.29B USD 1 Quarter
Losses and loss adjustment expenses IncurredClaimsPropertyCasualtyAndLiability $1.17B USD 1 Quarter
Losses and loss adjustment expenses IncurredClaimsPropertyCasualtyAndLiability $1.17B USD 1 Quarter
Underwriting, acquisition and insurance expenses UnderwritingAcquisitionAndInsuranceExpenses $675.71M USD 1 Quarter
Underwriting, acquisition and insurance expenses UnderwritingAcquisitionAndInsuranceExpenses $675.71M USD 1 Quarter
Underwriting, acquisition and insurance expenses UnderwritingAcquisitionAndInsuranceExpenses $738.75M USD 1 Quarter
Underwriting, acquisition and insurance expenses UnderwritingAcquisitionAndInsuranceExpenses $738.75M USD 1 Quarter
Products expenses Productsexpenses $515.76M USD 1 Quarter
Products expenses Productsexpenses $515.76M USD 1 Quarter
Products expenses Productsexpenses $523.25M USD 1 Quarter
Products expenses Productsexpenses $523.25M USD 1 Quarter
Services and other expenses Servicesandotherexpenses $480.62M USD 1 Quarter
Services and other expenses Servicesandotherexpenses $480.62M USD 1 Quarter
Services and other expenses Servicesandotherexpenses $536.84M USD 1 Quarter
Services and other expenses Servicesandotherexpenses $536.84M USD 1 Quarter
Amortization of acquired intangible assets AmortizationOfIntangibleAssets $44.28M USD 1 Quarter
Amortization of acquired intangible assets AmortizationOfIntangibleAssets $44.28M USD 1 Quarter
Amortization of acquired intangible assets AmortizationOfIntangibleAssets $44.40M USD 1 Quarter
Amortization of acquired intangible assets AmortizationOfIntangibleAssets $44.40M USD 1 Quarter
Total Operating Expenses CostsAndExpenses $3.13B USD 1 Quarter
Total Operating Expenses CostsAndExpenses $3.13B USD 1 Quarter
Total Operating Expenses CostsAndExpenses $2.89B USD 1 Quarter
Total Operating Expenses CostsAndExpenses $2.89B USD 1 Quarter
Operating Income OperatingIncomeLoss $1.34B USD 1 Quarter
Operating Income OperatingIncomeLoss $1.34B USD 1 Quarter
Operating Income OperatingIncomeLoss $753.90M USD 1 Quarter
Operating Income OperatingIncomeLoss $753.90M USD 1 Quarter
Interest expense InterestExpense $49.44M USD 1 Quarter
Interest expense InterestExpense $49.44M USD 1 Quarter
Interest expense InterestExpense $45.55M USD 1 Quarter
Interest expense InterestExpense $45.55M USD 1 Quarter
Foreign exchange gains (losses) ForeignCurrencyTransactionGainLossRealized $-32.93M USD 1 Quarter
Foreign exchange gains (losses) ForeignCurrencyTransactionGainLossRealized $-32.93M USD 1 Quarter
Foreign exchange gains (losses) ForeignCurrencyTransactionGainLossRealized $51.50M USD 1 Quarter
Foreign exchange gains (losses) ForeignCurrencyTransactionGainLossRealized $51.50M USD 1 Quarter
Income Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.34B USD 1 Quarter
Income Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.34B USD 1 Quarter
Income Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $671.53M USD 1 Quarter
Income Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $671.53M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $133.73M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $133.73M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $292.56M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $292.56M USD 1 Quarter
Net Income ProfitLoss $537.80M USD 1 Quarter
Net Income ProfitLoss $537.80M USD 1 Quarter
Net Income ProfitLoss $1.05B USD 1 Quarter
Net Income ProfitLoss $1.05B USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $24.00M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $24.00M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $49.15M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $49.15M USD 1 Quarter
Net Income to Shareholders NetIncomeLoss $1.03B USD 1 Quarter
Net Income to Shareholders NetIncomeLoss $1.03B USD 1 Quarter
Net Income to Shareholders NetIncomeLoss $488.65M USD 1 Quarter
Net Income to Shareholders NetIncomeLoss $488.65M USD 1 Quarter
Preferred stock dividends PreferredStockDividendsIncomeStatementImpact - USD 1 Quarter
Preferred stock dividends PreferredStockDividendsIncomeStatementImpact - USD 1 Quarter
Preferred stock dividends PreferredStockDividendsIncomeStatementImpact - USD 1 Quarter
Preferred stock dividends PreferredStockDividendsIncomeStatementImpact - USD 1 Quarter
Net Income to Common Shareholders NetIncomeLossAvailableToCommonStockholdersBasic $488.65M USD 1 Quarter
Net Income to Common Shareholders NetIncomeLossAvailableToCommonStockholdersBasic $488.65M USD 1 Quarter
Net Income to Common Shareholders NetIncomeLossAvailableToCommonStockholdersBasic $1.03B USD 1 Quarter
Net Income to Common Shareholders NetIncomeLossAvailableToCommonStockholdersBasic $1.03B USD 1 Quarter
Net holding gains (losses) arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-128.43M USD 1 Quarter
Net holding gains (losses) arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-128.43M USD 1 Quarter
Net holding gains (losses) arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $161.21M USD 1 Quarter
Net holding gains (losses) arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $161.21M USD 1 Quarter
Reclassification adjustments for net losses in net income ReclassificationAdjustmentsForNetGainsLossesIncludedInNetIncomeLoss $-5.72M USD 1 Quarter
Reclassification adjustments for net losses in net income ReclassificationAdjustmentsForNetGainsLossesIncludedInNetIncomeLoss $-5.72M USD 1 Quarter
Reclassification adjustments for net losses in net income ReclassificationAdjustmentsForNetGainsLossesIncludedInNetIncomeLoss $-2.99M USD 1 Quarter
Reclassification adjustments for net losses in net income ReclassificationAdjustmentsForNetGainsLossesIncludedInNetIncomeLoss $-2.99M USD 1 Quarter
Change in net unrealized losses on available-for-sale investments, net of taxes OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $164.20M USD 1 Quarter
Change in net unrealized losses on available-for-sale investments, net of taxes OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $164.20M USD 1 Quarter
Change in net unrealized losses on available-for-sale investments, net of taxes OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-122.70M USD 1 Quarter
Change in net unrealized losses on available-for-sale investments, net of taxes OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-122.70M USD 1 Quarter
Change in discount rate for life and annuity benefits, net of taxes OciLiabilityForFuturePolicyBenefitGainLossAfterReclassificationAdjustmentAndTax $-9.05M USD 1 Quarter
Change in discount rate for life and annuity benefits, net of taxes OciLiabilityForFuturePolicyBenefitGainLossAfterReclassificationAdjustmentAndTax $-9.05M USD 1 Quarter
Change in discount rate for life and annuity benefits, net of taxes OciLiabilityForFuturePolicyBenefitGainLossAfterReclassificationAdjustmentAndTax $6.42M USD 1 Quarter
Change in discount rate for life and annuity benefits, net of taxes OciLiabilityForFuturePolicyBenefitGainLossAfterReclassificationAdjustmentAndTax $6.42M USD 1 Quarter
Change in foreign currency translation adjustments, net of taxes OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $2.58M USD 1 Quarter
Change in foreign currency translation adjustments, net of taxes OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $2.58M USD 1 Quarter
Change in foreign currency translation adjustments, net of taxes OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-475.00K USD 1 Quarter
Change in foreign currency translation adjustments, net of taxes OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-475.00K USD 1 Quarter
Change in net actuarial pension loss, net of taxes OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-18.00K USD 1 Quarter
Change in net actuarial pension loss, net of taxes OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-18.00K USD 1 Quarter
Change in net actuarial pension loss, net of taxes OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-20.00K USD 1 Quarter
Change in net actuarial pension loss, net of taxes OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-20.00K USD 1 Quarter
Total Other Comprehensive Income (Loss) OtherComprehensiveIncomeLossNetOfTax $157.75M USD 1 Quarter
Total Other Comprehensive Income (Loss) OtherComprehensiveIncomeLossNetOfTax $157.75M USD 1 Quarter
Total Other Comprehensive Income (Loss) OtherComprehensiveIncomeLossNetOfTax $-116.74M USD 1 Quarter
Total Other Comprehensive Income (Loss) OtherComprehensiveIncomeLossNetOfTax $-116.74M USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $695.54M USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $695.54M USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $932.44M USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $932.44M USD 1 Quarter
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $24.06M USD 1 Quarter
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $24.06M USD 1 Quarter
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $49.18M USD 1 Quarter
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $49.18M USD 1 Quarter
Comprehensive Income to Shareholders ComprehensiveIncomeNetOfTax $646.37M USD 1 Quarter
Comprehensive Income to Shareholders ComprehensiveIncomeNetOfTax $646.37M USD 1 Quarter
Comprehensive Income to Shareholders ComprehensiveIncomeNetOfTax $908.38M USD 1 Quarter
Comprehensive Income to Shareholders ComprehensiveIncomeNetOfTax $908.38M USD 1 Quarter
Basic EarningsPerShareBasic $37.33 USD 1 Quarter
Basic EarningsPerShareBasic $37.33 USD 1 Quarter
Basic EarningsPerShareBasic $75.56 USD 1 Quarter
Basic EarningsPerShareBasic $75.56 USD 1 Quarter
Diluted EarningsPerShareDiluted $75.43 USD 1 Quarter
Diluted EarningsPerShareDiluted $75.43 USD 1 Quarter
Diluted EarningsPerShareDiluted $37.26 USD 1 Quarter
Diluted EarningsPerShareDiluted $37.26 USD 1 Quarter
Cash Flow Statement 100 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $537.80M USD 1 Quarter
Net income ProfitLoss $537.80M USD 1 Quarter
Net income ProfitLoss $1.05B USD 1 Quarter
Net income ProfitLoss $1.05B USD 1 Quarter
Adjustments to reconcile net income to net cash provided by operating activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $-253.62M USD 1 Quarter
Adjustments to reconcile net income to net cash provided by operating activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $-253.62M USD 1 Quarter
Adjustments to reconcile net income to net cash provided by operating activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $-418.53M USD 1 Quarter
Adjustments to reconcile net income to net cash provided by operating activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $-418.53M USD 1 Quarter
Net Cash Provided By Operating Activities NetCashProvidedByUsedInOperatingActivities $284.18M USD 1 Quarter
Net Cash Provided By Operating Activities NetCashProvidedByUsedInOperatingActivities $284.18M USD 1 Quarter
Net Cash Provided By Operating Activities NetCashProvidedByUsedInOperatingActivities $630.65M USD 1 Quarter
Net Cash Provided By Operating Activities NetCashProvidedByUsedInOperatingActivities $630.65M USD 1 Quarter
Proceeds from sales, maturities, calls and prepayments of fixed maturity securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $546.79M USD 1 Quarter
Proceeds from sales, maturities, calls and prepayments of fixed maturity securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $546.79M USD 1 Quarter
Proceeds from sales, maturities, calls and prepayments of fixed maturity securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $592.00M USD 1 Quarter
Proceeds from sales, maturities, calls and prepayments of fixed maturity securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $592.00M USD 1 Quarter
Cost of fixed maturity securities purchased PaymentsToAcquireAvailableForSaleSecuritiesDebt $806.70M USD 1 Quarter
Cost of fixed maturity securities purchased PaymentsToAcquireAvailableForSaleSecuritiesDebt $806.70M USD 1 Quarter
Cost of fixed maturity securities purchased PaymentsToAcquireAvailableForSaleSecuritiesDebt $880.03M USD 1 Quarter
Cost of fixed maturity securities purchased PaymentsToAcquireAvailableForSaleSecuritiesDebt $880.03M USD 1 Quarter
Proceeds from sales of equity securities ProceedsFromSaleOfEquitySecuritiesFvNi $40.10M USD 1 Quarter
Proceeds from sales of equity securities ProceedsFromSaleOfEquitySecuritiesFvNi $40.10M USD 1 Quarter
Proceeds from sales of equity securities ProceedsFromSaleOfEquitySecuritiesFvNi $64.03M USD 1 Quarter
Proceeds from sales of equity securities ProceedsFromSaleOfEquitySecuritiesFvNi $64.03M USD 1 Quarter
Cost of equity securities purchased PaymentsToAcquireEquitySecuritiesFvNi $129.16M USD 1 Quarter
Cost of equity securities purchased PaymentsToAcquireEquitySecuritiesFvNi $129.16M USD 1 Quarter
Cost of equity securities purchased PaymentsToAcquireEquitySecuritiesFvNi $126.30M USD 1 Quarter
Cost of equity securities purchased PaymentsToAcquireEquitySecuritiesFvNi $126.30M USD 1 Quarter
Net change in short-term investments PaymentsForProceedsFromShortTermInvestments $21.38M USD 1 Quarter
Net change in short-term investments PaymentsForProceedsFromShortTermInvestments $21.38M USD 1 Quarter
Net change in short-term investments PaymentsForProceedsFromShortTermInvestments $-210.18M USD 1 Quarter
Net change in short-term investments PaymentsForProceedsFromShortTermInvestments $-210.18M USD 1 Quarter
Additions to property and equipment PaymentsToAcquirePropertyPlantAndEquipment $71.95M USD 1 Quarter
Additions to property and equipment PaymentsToAcquirePropertyPlantAndEquipment $71.95M USD 1 Quarter
Additions to property and equipment PaymentsToAcquirePropertyPlantAndEquipment $37.18M USD 1 Quarter
Additions to property and equipment PaymentsToAcquirePropertyPlantAndEquipment $37.18M USD 1 Quarter
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $48.98M USD 1 Quarter
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $48.98M USD 1 Quarter
Other PaymentsForProceedsFromOtherInvestingActivities $1.70M USD 1 Quarter
Other PaymentsForProceedsFromOtherInvestingActivities $1.70M USD 1 Quarter
Other PaymentsForProceedsFromOtherInvestingActivities $2.42M USD 1 Quarter
Other PaymentsForProceedsFromOtherInvestingActivities $2.42M USD 1 Quarter
Net Cash Used By Investing Activities NetCashProvidedByUsedInInvestingActivities $-108.53M USD 1 Quarter
Net Cash Used By Investing Activities NetCashProvidedByUsedInInvestingActivities $-108.53M USD 1 Quarter
Net Cash Used By Investing Activities NetCashProvidedByUsedInInvestingActivities $-564.17M USD 1 Quarter
Net Cash Used By Investing Activities NetCashProvidedByUsedInInvestingActivities $-564.17M USD 1 Quarter
Additions to senior long-term debt and other debt ProceedsFromIssuanceOfDebt $161.15M USD 1 Quarter
Additions to senior long-term debt and other debt ProceedsFromIssuanceOfDebt $161.15M USD 1 Quarter
Additions to senior long-term debt and other debt ProceedsFromIssuanceOfDebt $272.45M USD 1 Quarter
Additions to senior long-term debt and other debt ProceedsFromIssuanceOfDebt $272.45M USD 1 Quarter
Repayment of senior long-term debt and other debt RepaymentsOfDebt $369.23M USD 1 Quarter
Repayment of senior long-term debt and other debt RepaymentsOfDebt $369.23M USD 1 Quarter
Repayment of senior long-term debt and other debt RepaymentsOfDebt $209.41M USD 1 Quarter
Repayment of senior long-term debt and other debt RepaymentsOfDebt $209.41M USD 1 Quarter
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $81.96M USD 1 Quarter
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $81.96M USD 1 Quarter
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $160.88M USD 1 Quarter
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $160.88M USD 1 Quarter
Redemption of Markel CATCo Re noncontrolling interests RedemptionOfMarkelCATCoReNoncontrollingInterests $-89.00M USD 1 Quarter
Redemption of Markel CATCo Re noncontrolling interests RedemptionOfMarkelCATCoReNoncontrollingInterests $-89.00M USD 1 Quarter
Redemption of Markel CATCo Re noncontrolling interests RedemptionOfMarkelCATCoReNoncontrollingInterests - USD 1 Quarter
Redemption of Markel CATCo Re noncontrolling interests RedemptionOfMarkelCATCoReNoncontrollingInterests - USD 1 Quarter
Purchase of noncontrolling interests PaymentsForRepurchaseOfRedeemableNoncontrollingInterest - USD 1 Quarter
Purchase of noncontrolling interests PaymentsForRepurchaseOfRedeemableNoncontrollingInterest - USD 1 Quarter
Purchase of noncontrolling interests PaymentsForRepurchaseOfRedeemableNoncontrollingInterest $21.66M USD 1 Quarter
Purchase of noncontrolling interests PaymentsForRepurchaseOfRedeemableNoncontrollingInterest $21.66M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $-11.45M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $-11.45M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $-4.89M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $-4.89M USD 1 Quarter
Net Cash Used By Financing Activities NetCashProvidedByUsedInFinancingActivities $-102.73M USD 1 Quarter
Net Cash Used By Financing Activities NetCashProvidedByUsedInFinancingActivities $-102.73M USD 1 Quarter
Net Cash Used By Financing Activities NetCashProvidedByUsedInFinancingActivities $-412.15M USD 1 Quarter
Net Cash Used By Financing Activities NetCashProvidedByUsedInFinancingActivities $-412.15M USD 1 Quarter
Effect of foreign currency rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $19.84M USD 1 Quarter
Effect of foreign currency rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $19.84M USD 1 Quarter
Effect of foreign currency rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-19.05M USD 1 Quarter
Effect of foreign currency rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-19.05M USD 1 Quarter
Decrease in cash, cash equivalents, restricted cash and restricted cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-55.29M USD 1 Quarter
Decrease in cash, cash equivalents, restricted cash and restricted cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-55.29M USD 1 Quarter
Decrease in cash, cash equivalents, restricted cash and restricted cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-216.66M USD 1 Quarter
Decrease in cash, cash equivalents, restricted cash and restricted cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-216.66M USD 1 Quarter
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.33B USD Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.33B USD Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.00B USD Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.00B 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 beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.22B USD Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.28B USD Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.28B USD Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.33B USD Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.33B USD Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.00B USD Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.00B USD Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.22B USD Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.22B USD Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.28B USD Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.28B USD Point-in-time
Stockholders Equity 32 line items
Line Item Tag Value Unit Period
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.06B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.06B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.82B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.82B USD Point-in-time
Balance, redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCommonCarryingAmount $469.69M USD Point-in-time
Balance, redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCommonCarryingAmount $469.69M USD Point-in-time
Balance, redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCommonCarryingAmount $499.99M USD Point-in-time
Balance, redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCommonCarryingAmount $499.99M USD Point-in-time
Net Income ProfitLoss $537.80M USD 1 Quarter
Net Income ProfitLoss $537.80M USD 1 Quarter
Net Income ProfitLoss $1.05B USD 1 Quarter
Net Income ProfitLoss $1.05B USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $157.75M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $157.75M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-116.74M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-116.74M USD 1 Quarter
Comprehensive Income (Loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $695.54M USD 1 Quarter
Comprehensive Income (Loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $695.54M USD 1 Quarter
Comprehensive Income (Loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $932.44M USD 1 Quarter
Comprehensive Income (Loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $932.44M USD 1 Quarter
Redemption of Markel CATCo Re noncontrolling interests RedemptionOfMarkelCATCoReNoncontrollingInterests $-89.00M USD 1 Quarter
Redemption of Markel CATCo Re noncontrolling interests RedemptionOfMarkelCATCoReNoncontrollingInterests $-89.00M USD 1 Quarter
Redemption of Markel CATCo Re noncontrolling interests RedemptionOfMarkelCATCoReNoncontrollingInterests - USD 1 Quarter
Redemption of Markel CATCo Re noncontrolling interests RedemptionOfMarkelCATCoReNoncontrollingInterests - USD 1 Quarter
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.06B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.06B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.82B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.82B USD Point-in-time
Balance, redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCommonCarryingAmount $469.69M USD Point-in-time
Balance, redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCommonCarryingAmount $469.69M USD Point-in-time
Balance, redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCommonCarryingAmount $499.99M USD Point-in-time
Balance, redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCommonCarryingAmount $499.99M USD Point-in-time

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

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