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Markel Group (FRA:MKV) Future Policy Benefits : €568 Mil (As of Mar. 2024)


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What is Markel Group Future Policy Benefits?

Future Policy Benefits represents an insurance entity's net liability for future benefits (for example, death, cash surrender value) to be paid to or on behalf of policyholders, where the accounting policy describes the bases, methodologies and components of the reserve, and assumptions regarding estimates of expected investment yields, mortality, morbidity, terminations and expenses.

Markel Group's quarterly future policy benefits increased from Sep. 2023 (€562 Mil) to Dec. 2023 (€595 Mil) but then declined from Dec. 2023 (€595 Mil) to Mar. 2024 (€568 Mil).

Markel Group's annual future policy benefits declined from Dec. 2021 (€799 Mil) to Dec. 2022 (€614 Mil) and declined from Dec. 2022 (€614 Mil) to Dec. 2023 (€595 Mil).

Markel Group Future Policy Benefits Historical Data

The historical data trend for Markel Group's Future Policy Benefits 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 Future Policy Benefits Chart

Markel Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Future Policy Benefits
Get a 7-Day Free Trial Premium Member Only Premium Member Only 887.16 879.53 799.14 614.28 595.18

Markel Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Future Policy Benefits 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 624.70 594.02 562.44 595.18 567.89

Markel Group Future Policy Benefits Calculation

Future Policy Benefits

Markel Group (FRA:MKV) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Markel Group Inc (FRA:MKV) » Definitions » Future Policy Benefits
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Traded in Other Exchanges
MKL:USA 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.