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Markel Group (LTS:0JYM) Unpaid Loss & Loss Reserve : $24,145 Mil (As of Mar. 2024)


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What is Markel Group Unpaid Loss & Loss Reserve?

Markel Group's annual unpaid loss & loss reserve increased from Dec. 2021 ($11,303 Mil) to Dec. 2022 ($20,948 Mil) and increased from Dec. 2022 ($20,948 Mil) to Dec. 2023 ($23,483 Mil).

Markel Group Unpaid Loss & Loss Reserve Historical Data

The historical data trend for Markel Group's Unpaid Loss & Loss Reserve 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 Unpaid Loss & Loss Reserve Chart

Markel Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Unpaid Loss & Loss Reserve
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,475.26 10,485.72 11,302.58 20,947.90 23,483.32

Markel Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Unpaid Loss & Loss Reserve 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 13,138.53 13,474.25 22,144.37 23,483.32 24,144.96

Markel Group Unpaid Loss & Loss Reserve Calculation

The fund insurance companies set aside for the loss that has not be paid or possible losses in the future.

Markel Group (LTS:0JYM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Markel Group Inc (LTS:0JYM) » Definitions » Unpaid Loss & Loss Reserve
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 MKL:Mexico MKV:Germany 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.

Markel Group (LTS:0JYM) Headlines

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