2024 Q4 Form 10-Q Financial Statement

#000109634324000123 Filed on October 30, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2023 Q3
Revenue $4.611B $3.375B
YoY Change 36.62% 10.08%
Cost Of Revenue $1.291B $1.404B
YoY Change -8.1%
Gross Profit $3.321B $1.971B
YoY Change 68.49%
Gross Profit Margin 72.01% 58.39%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $431.7M $437.9M
YoY Change -1.43% 1.56%
% of Gross Profit 13.0% 22.22%
Operating Expenses $3.240B $3.302B
YoY Change -1.89% 10.32%
Operating Profit $1.371B $72.81M
YoY Change 1783.43% 0.09%
Interest Expense $53.36M $44.55M
YoY Change 19.77% -5.9%
% of Operating Profit 3.89% 61.19%
Other Income/Expense, Net
YoY Change
Pretax Income $1.206B $67.50M
YoY Change 1687.11% -51.96%
Income Tax $259.4M $14.24M
% Of Pretax Income 21.5% 21.09%
Net Earnings $905.0M $42.59M
YoY Change 2024.77% -34.85%
Net Earnings / Revenue 19.62% 1.26%
Basic Earnings Per Share $66.40 $3.15
Diluted Earnings Per Share $66.25 $3.14
COMMON SHARES
Basic Shares Outstanding 12.86M shares 12.95M shares 13.26M shares
Diluted Shares Outstanding 13.02M shares 13.35M shares

Balance Sheet

Concept 2024 Q4 2024 Q3 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $3.873B $4.355B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill $2.740B $2.623B
YoY Change 4.43% -6.22%
Intangibles $1.508B $1.633B
YoY Change -7.69% -3.14%
Long-Term Investments $849.9M $582.8M
YoY Change 45.83% 20.64%
Other Assets $753.5M $690.0M
YoY Change 9.2% -45.03%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $62.28B $52.75B
YoY Change 18.08% 8.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $4.356B $3.769B
YoY Change 15.58% -8.77%
Other Long-Term Liabilities $5.051B $4.191B
YoY Change 20.52% 4.16%
Total Long-Term Liabilities $9.407B $7.960B
YoY Change 18.18% -2.39%
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities $9.407B $7.960B
Total Liabilities $44.62B $38.23B
YoY Change 16.73% 7.53%
SHAREHOLDERS EQUITY
Retained Earnings $13.06B $10.78B
YoY Change 21.2% 16.45%
Common Stock $3.553B $3.520B
YoY Change 0.95% 1.05%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $17.01B $14.00B
YoY Change
Total Liabilities & Shareholders Equity $62.28B $52.75B
YoY Change 18.08% 8.94%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2023 Q3
OPERATING ACTIVITIES
Net Income $905.0M $42.59M
YoY Change 2024.77% -34.85%
Depreciation, Depletion And Amortization $431.7M $437.9M
YoY Change -1.43% 1.56%
Cash From Operating Activities $890.8M $955.7M
YoY Change -6.79% -0.37%
INVESTING ACTIVITIES
Capital Expenditures $51.89M $75.70M
YoY Change -31.45% -176.67%
Acquisitions
YoY Change
Other Investing Activities -$274.2M -$893.4M
YoY Change -69.31% 14.36%
Cash From Investing Activities -$326.1M -$969.0M
YoY Change -66.35% 10.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -189.5M -169.4M
YoY Change 11.84% 62.35%
NET CHANGE
Cash From Operating Activities 890.8M 955.7M
Cash From Investing Activities -326.1M -969.0M
Cash From Financing Activities -189.5M -169.4M
Net Change In Cash 375.2M -182.7M
YoY Change -305.39% 630.04%
FREE CASH FLOW
Cash From Operating Activities $890.8M $955.7M
Capital Expenditures $51.89M $75.70M
Free Cash Flow $838.9M $880.0M
YoY Change -4.67% -16.83%

Facts In Submission

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1079 securities
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
1032 securities
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
7900000000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
436000000.0 usd
CY2023Q4 mkl Shortterm Investments Availableforsale Continuous Unrealized Loss Position Lessthan12 Months
ShorttermInvestmentsAvailableforsaleContinuousUnrealizedLossPositionLessthan12Months
52601000 usd
CY2023Q4 mkl Shortterm Investments Availableforsale Continuous Unrealized Loss Position Lessthan12 Months Accumulated Loss
ShorttermInvestmentsAvailableforsaleContinuousUnrealizedLossPositionLessthan12MonthsAccumulatedLoss
393000 usd
CY2023Q4 mkl Shortterm Investments Availableforsale Continuous Unrealized Loss Position12 Monthsor Longer
ShorttermInvestmentsAvailableforsaleContinuousUnrealizedLossPosition12MonthsorLonger
0 usd
CY2023Q4 mkl Shortterm Investments Availableforsale Continuous Unrealized Loss Position12 Monthsor Longer Accumulated Loss
ShorttermInvestmentsAvailableforsaleContinuousUnrealizedLossPosition12MonthsorLongerAccumulatedLoss
0 usd
CY2023Q4 mkl Shortterm Investments Availableforsale Unrealized Loss Position Total
ShorttermInvestmentsAvailableforsaleUnrealizedLossPositionTotal
52601000 usd
CY2023Q4 mkl Shortterm Investments Availableforsale Unrealized Loss Position Accumulated Loss
ShorttermInvestmentsAvailableforsaleUnrealizedLossPositionAccumulatedLoss
393000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
1467268000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
10821000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
8515061000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
650461000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
9982329000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
661282000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
1386 securities
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
10000000000.0 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
661300000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
1386 securities
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
1131 securities
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
8500000000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
650500000 usd
CY2023Q4 mkl Investments Available For Sale Allowance For Credit Loss
InvestmentsAvailableForSaleAllowanceForCreditLoss
0 usd
CY2024Q3 mkl Investments Available For Sale Allowance For Credit Loss
InvestmentsAvailableForSaleAllowanceForCreditLoss
0 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
1486434000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
1478425000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
5577381000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
5559647000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
4992655000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
4971587000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
1348502000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
1261285000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
13404972000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
13270944000 usd
CY2024Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
16265743000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
16067848000 usd
CY2024Q3 us-gaap Investment Income Dividend
InvestmentIncomeDividend
36739000 usd
CY2023Q3 us-gaap Investment Income Dividend
InvestmentIncomeDividend
31134000 usd
us-gaap Investment Income Dividend
InvestmentIncomeDividend
101263000 usd
us-gaap Investment Income Dividend
InvestmentIncomeDividend
84968000 usd
CY2024Q3 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
240354000 usd
CY2023Q3 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
196266000 usd
us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
691001000 usd
us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
534070000 usd
CY2024Q3 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
4877000 usd
CY2023Q3 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
4059000 usd
us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
14194000 usd
us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
12835000 usd
CY2024Q3 us-gaap Net Investment Income
NetInvestmentIncome
235477000 usd
CY2023Q3 us-gaap Net Investment Income
NetInvestmentIncome
192207000 usd
us-gaap Net Investment Income
NetInvestmentIncome
676807000 usd
us-gaap Net Investment Income
NetInvestmentIncome
521235000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
13891000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-36093000 usd
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-4604000 usd
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-38159000 usd
CY2024Q3 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
-6652000 usd
CY2023Q3 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
2683000 usd
us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
-11263000 usd
us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
16706000 usd
CY2024Q3 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
910291000 usd
CY2023Q3 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-232507000 usd
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
1705661000 usd
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
612626000 usd
CY2024Q3 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
903639000 usd
CY2023Q3 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-229824000 usd
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
1694398000 usd
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
629332000 usd
CY2024Q3 mkl Net Investment Gains Losses
NetInvestmentGainsLosses
917530000 usd
CY2023Q3 mkl Net Investment Gains Losses
NetInvestmentGainsLosses
-265917000 usd
mkl Net Investment Gains Losses
NetInvestmentGainsLosses
1689794000 usd
mkl Net Investment Gains Losses
NetInvestmentGainsLosses
591173000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
551244000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-208405000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
358877000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-170606000 usd
CY2024Q3 us-gaap Equity Method Investments
EquityMethodInvestments
849900000 usd
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
605900000 usd
CY2024Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
9800000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
45400000 usd
CY2023Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
4200000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-400000 usd
CY2024Q3 us-gaap Lease Income
LeaseIncome
45726000 usd
CY2023Q3 us-gaap Lease Income
LeaseIncome
50994000 usd
CY2024Q3 mkl Revenues From Program Services And Other Fronting
RevenuesFromProgramServicesAndOtherFronting
47613000 usd
CY2023Q3 mkl Revenues From Program Services And Other Fronting
RevenuesFromProgramServicesAndOtherFronting
39499000 usd
CY2024Q3 mkl Equity Method And Other Investments Income Loss
EquityMethodAndOtherInvestmentsIncomeLoss
8677000 usd
CY2023Q3 mkl Equity Method And Other Investments Income Loss
EquityMethodAndOtherInvestmentsIncomeLoss
-5054000 usd
CY2024Q3 mkl Other Revenues Losses
OtherRevenuesLosses
1501000 usd
CY2023Q3 mkl Other Revenues Losses
OtherRevenuesLosses
13438000 usd
CY2024Q3 mkl Products Revenues And Services And Other Revenues
ProductsRevenuesAndServicesAndOtherRevenues
1348149000 usd
CY2023Q3 mkl Products Revenues And Services And Other Revenues
ProductsRevenuesAndServicesAndOtherRevenues
1327151000 usd
us-gaap Lease Income
LeaseIncome
123514000 usd
us-gaap Lease Income
LeaseIncome
130051000 usd
mkl Revenues From Program Services And Other Fronting
RevenuesFromProgramServicesAndOtherFronting
129861000 usd
mkl Revenues From Program Services And Other Fronting
RevenuesFromProgramServicesAndOtherFronting
105952000 usd
mkl Equity Method And Other Investments Income Loss
EquityMethodAndOtherInvestmentsIncomeLoss
45466000 usd
mkl Equity Method And Other Investments Income Loss
EquityMethodAndOtherInvestmentsIncomeLoss
-12704000 usd
us-gaap Other Nonrecurring Gain
OtherNonrecurringGain
0 usd
us-gaap Other Nonrecurring Gain
OtherNonrecurringGain
16923000 usd
mkl Other Revenues Losses
OtherRevenuesLosses
3987000 usd
mkl Other Revenues Losses
OtherRevenuesLosses
31127000 usd
mkl Products Revenues And Services And Other Revenues
ProductsRevenuesAndServicesAndOtherRevenues
4098327000 usd
mkl Products Revenues And Services And Other Revenues
ProductsRevenuesAndServicesAndOtherRevenues
3928111000 usd
us-gaap Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table presents a reconciliation of consolidated beginning and ending reserves for losses and loss adjustment expenses.</span></div><div><span><br/></span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:72.584%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.765%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.767%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Nine Months Ended September 30, </span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%;text-decoration:underline">(dollars in thousands)</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2023</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross reserves for losses and loss adjustment expenses, beginning of year</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">23,483,321</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20,947,898 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Reinsurance recoverables on unpaid losses, beginning of year</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">8,820,567</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,994,884 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net reserves for losses and loss adjustment expenses, beginning of year</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">14,662,754</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,953,014 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Effect of foreign currency rate changes on beginning of year balance</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">45,503</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,246 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjusted net reserves for losses and loss adjustment expenses, beginning of year</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">14,708,257</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,969,260 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Incurred losses and loss adjustment expenses:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current accident year</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">4,155,146</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,934,969 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Prior accident years</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(344,212)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(169,754)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total incurred losses and loss adjustment expenses</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">3,810,934</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,765,215 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Payments:</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current accident year</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">444,221</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">419,998 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Prior accident years</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2,415,104</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,018,199 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total payments</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2,859,325</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,438,197 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Effect of foreign currency rate changes on current year activity</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1,861</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">416 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in net reserves for losses and loss adjustment expenses of Markel CATCo Re (see note 12)</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(78,091)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(146,895)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Reinsurance recoverable for retroactive reinsurance transaction</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">—</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(125,067)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net reserves for losses and loss adjustment expenses, end of period</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">15,583,636</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,024,732 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Reinsurance recoverables on unpaid losses</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">10,293,842</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,119,634 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross reserves for losses and loss adjustment expenses, end of period</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">25,877,478</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22,144,366 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div>
CY2023Q4 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
23483321000 usd
CY2022Q4 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
20947898000 usd
CY2023Q4 us-gaap Reinsurance Receivables Incurred But Not Reported Claims
ReinsuranceReceivablesIncurredButNotReportedClaims
8820567000 usd
CY2022Q4 us-gaap Reinsurance Receivables Incurred But Not Reported Claims
ReinsuranceReceivablesIncurredButNotReportedClaims
7994884000 usd
CY2023Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
14662754000 usd
CY2022Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
12953014000 usd
CY2024Q3 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Opening Balance Adjustments
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseOpeningBalanceAdjustments
45503000 usd
CY2023Q3 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Opening Balance Adjustments
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseOpeningBalanceAdjustments
16246000 usd
CY2023Q4 mkl Adjusted Liability For Unpaid Claims And Claims Adjustment Expense Net
AdjustedLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
14708257000 usd
CY2022Q4 mkl Adjusted Liability For Unpaid Claims And Claims Adjustment Expense Net
AdjustedLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
12969260000 usd
us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
4155146000 usd
us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
3934969000 usd
us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
-344212000 usd
us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
-169754000 usd
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1
3810934000 usd
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1
3765215000 usd
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1
444221000 usd
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1
419998000 usd
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1
2415104000 usd
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1
2018199000 usd
us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
2859325000 usd
us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
2438197000 usd
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Foreign Currency Translation Gain Loss
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseForeignCurrencyTranslationGainLoss
1861000 usd
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Foreign Currency Translation Gain Loss
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseForeignCurrencyTranslationGainLoss
416000 usd
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Business Acquisitions
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseBusinessAcquisitions
-78091000 usd
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Business Acquisitions
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseBusinessAcquisitions
-146895000 usd
mkl Reinsurance Recoverable Retroactive Reinsurance Transaction
ReinsuranceRecoverableRetroactiveReinsuranceTransaction
0 usd
mkl Reinsurance Recoverable Retroactive Reinsurance Transaction
ReinsuranceRecoverableRetroactiveReinsuranceTransaction
-125067000 usd
CY2024Q3 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
15583636000 usd
CY2023Q3 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
14024732000 usd
CY2024Q3 us-gaap Reinsurance Receivables Incurred But Not Reported Claims
ReinsuranceReceivablesIncurredButNotReportedClaims
10293842000 usd
CY2023Q3 us-gaap Reinsurance Receivables Incurred But Not Reported Claims
ReinsuranceReceivablesIncurredButNotReportedClaims
8119634000 usd
CY2024Q3 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
25877478000 usd
CY2023Q3 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
22144366000 usd
us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
-344200000 usd
CY2024Q3 us-gaap Direct Premiums Written
DirectPremiumsWritten
3012582000 usd
CY2024Q3 us-gaap Assumed Premiums Written
AssumedPremiumsWritten
459127000 usd
CY2024Q3 us-gaap Ceded Premiums Written
CededPremiumsWritten
1489573000 usd
CY2024Q3 us-gaap Premiums Written Net
PremiumsWrittenNet
1982136000 usd
CY2023Q3 us-gaap Direct Premiums Written
DirectPremiumsWritten
2839412000 usd
CY2023Q3 us-gaap Assumed Premiums Written
AssumedPremiumsWritten
839394000 usd
CY2023Q3 us-gaap Ceded Premiums Written
CededPremiumsWritten
1651001000 usd
CY2023Q3 us-gaap Premiums Written Net
PremiumsWrittenNet
2027805000 usd
CY2024Q3 us-gaap Direct Premiums Earned
DirectPremiumsEarned
2928239000 usd
CY2024Q3 us-gaap Assumed Premiums Earned
AssumedPremiumsEarned
935374000 usd
CY2024Q3 us-gaap Ceded Premiums Earned
CededPremiumsEarned
1753505000 usd
CY2024Q3 us-gaap Premiums Earned Net
PremiumsEarnedNet
2110108000 usd
CY2023Q3 us-gaap Direct Premiums Earned
DirectPremiumsEarned
2796788000 usd
CY2023Q3 us-gaap Assumed Premiums Earned
AssumedPremiumsEarned
737699000 usd
CY2023Q3 us-gaap Ceded Premiums Earned
CededPremiumsEarned
1412742000 usd
CY2023Q3 us-gaap Premiums Earned Net
PremiumsEarnedNet
2121745000 usd
us-gaap Direct Premiums Written
DirectPremiumsWritten
9164683000 usd
us-gaap Assumed Premiums Written
AssumedPremiumsWritten
2959555000 usd
us-gaap Ceded Premiums Written
CededPremiumsWritten
5631286000 usd
us-gaap Premiums Written Net
PremiumsWrittenNet
6492952000 usd
us-gaap Direct Premiums Written
DirectPremiumsWritten
8491896000 usd
us-gaap Assumed Premiums Written
AssumedPremiumsWritten
2411107000 usd
us-gaap Ceded Premiums Written
CededPremiumsWritten
4449727000 usd
us-gaap Premiums Written Net
PremiumsWrittenNet
6453276000 usd
us-gaap Direct Premiums Earned
DirectPremiumsEarned
8791309000 usd
us-gaap Assumed Premiums Earned
AssumedPremiumsEarned
2106919000 usd
us-gaap Ceded Premiums Earned
CededPremiumsEarned
4583394000 usd
us-gaap Premiums Earned Net
PremiumsEarnedNet
6314834000 usd
us-gaap Direct Premiums Earned
DirectPremiumsEarned
8084663000 usd
us-gaap Assumed Premiums Earned
AssumedPremiumsEarned
1794614000 usd
us-gaap Ceded Premiums Earned
CededPremiumsEarned
3758685000 usd
us-gaap Premiums Earned Net
PremiumsEarnedNet
6120592000 usd
CY2024Q3 mkl Premiums Percentage Ceded To Gross
PremiumsPercentageCededToGross
0.45
mkl Premiums Percentage Ceded To Gross
PremiumsPercentageCededToGross
0.42
CY2023Q3 mkl Premiums Percentage Ceded To Gross
PremiumsPercentageCededToGross
0.40
mkl Premiums Percentage Ceded To Gross
PremiumsPercentageCededToGross
0.38
CY2024Q3 us-gaap Premiums Percentage Assumed To Net
PremiumsPercentageAssumedToNet
0.44
us-gaap Premiums Percentage Assumed To Net
PremiumsPercentageAssumedToNet
0.33
CY2023Q3 us-gaap Premiums Percentage Assumed To Net
PremiumsPercentageAssumedToNet
0.35
us-gaap Premiums Percentage Assumed To Net
PremiumsPercentageAssumedToNet
0.29
CY2024Q3 us-gaap Liability For Future Policy Benefit Expected Future Policy Benefit Before Reinsurance After Discount Rate Change
LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitBeforeReinsuranceAfterDiscountRateChange
533395000 usd
CY2023Q4 us-gaap Liability For Future Policy Benefit Expected Future Policy Benefit Before Reinsurance After Discount Rate Change
LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitBeforeReinsuranceAfterDiscountRateChange
557763000 usd
CY2024Q3 mkl Liability For Future Policy Benefit Deferred Profit Liability
LiabilityForFuturePolicyBenefitDeferredProfitLiability
54856000 usd
CY2023Q4 mkl Liability For Future Policy Benefit Deferred Profit Liability
LiabilityForFuturePolicyBenefitDeferredProfitLiability
52287000 usd
CY2024Q3 mkl Liability For Future Policy Benefit Expected Future Policy Benefit Other
LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitOther
35194000 usd
CY2023Q4 mkl Liability For Future Policy Benefit Expected Future Policy Benefit Other
LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitOther
39004000 usd
CY2024Q3 us-gaap Liability For Future Policy Benefits
LiabilityForFuturePolicyBenefits
623445000 usd
CY2023Q4 us-gaap Liability For Future Policy Benefits
LiabilityForFuturePolicyBenefits
649054000 usd
CY2023Q4 us-gaap Liability For Future Policy Benefit Expected Future Policy Benefit Before Reinsurance After Discount Rate Change
LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitBeforeReinsuranceAfterDiscountRateChange
557763000 usd
CY2022Q4 us-gaap Liability For Future Policy Benefit Expected Future Policy Benefit Before Reinsurance After Discount Rate Change
LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitBeforeReinsuranceAfterDiscountRateChange
554366000 usd
CY2023Q4 us-gaap Liability For Future Policy Benefit Expected Future Policy Benefit Original Discount Rate Before Cash Flow And Reinsurance
LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitOriginalDiscountRateBeforeCashFlowAndReinsurance
642877000 usd
CY2022Q4 us-gaap Liability For Future Policy Benefit Expected Future Policy Benefit Original Discount Rate Before Cash Flow And Reinsurance
LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitOriginalDiscountRateBeforeCashFlowAndReinsurance
667761000 usd
CY2023Q4 us-gaap Liability For Future Policy Benefit Expected Future Policy Benefit Cumulative Increase Decrease From Cash Flow Change
LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitCumulativeIncreaseDecreaseFromCashFlowChange
0 usd
CY2022Q4 us-gaap Liability For Future Policy Benefit Expected Future Policy Benefit Cumulative Increase Decrease From Cash Flow Change
LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitCumulativeIncreaseDecreaseFromCashFlowChange
0 usd
CY2023Q4 us-gaap Liability For Future Policy Benefit Expected Future Policy Benefit Cumulative Increase Decrease Of Actual Variance From Expected Experience
LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitCumulativeIncreaseDecreaseOfActualVarianceFromExpectedExperience
-4745000 usd
CY2022Q4 us-gaap Liability For Future Policy Benefit Expected Future Policy Benefit Cumulative Increase Decrease Of Actual Variance From Expected Experience
LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitCumulativeIncreaseDecreaseOfActualVarianceFromExpectedExperience
-5890000 usd
CY2023Q4 us-gaap Liability For Future Policy Benefit Expected Future Benefit Original Discount Rate Before Reinsurance After Cash Flow Change
LiabilityForFuturePolicyBenefitExpectedFutureBenefitOriginalDiscountRateBeforeReinsuranceAfterCashFlowChange
638132000 usd
CY2022Q4 us-gaap Liability For Future Policy Benefit Expected Future Benefit Original Discount Rate Before Reinsurance After Cash Flow Change
LiabilityForFuturePolicyBenefitExpectedFutureBenefitOriginalDiscountRateBeforeReinsuranceAfterCashFlowChange
661871000 usd
us-gaap Liability For Future Policy Benefit Expected Future Policy Benefit Interest Expense
LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitInterestExpense
10596000 usd
us-gaap Liability For Future Policy Benefit Expected Future Policy Benefit Interest Expense
LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitInterestExpense
11251000 usd
us-gaap Liability For Future Policy Benefits Payment For Benefits
LiabilityForFuturePolicyBenefitsPaymentForBenefits
37083000 usd
us-gaap Liability For Future Policy Benefits Payment For Benefits
LiabilityForFuturePolicyBenefitsPaymentForBenefits
39819000 usd
CY2024Q3 mkl Liability For Future Policy Benefit Expected Future Policy Benefit Effect Of Foreign Currency Rate Changes
LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitEffectOfForeignCurrencyRateChanges
4450000 usd
CY2023Q3 mkl Liability For Future Policy Benefit Expected Future Policy Benefit Effect Of Foreign Currency Rate Changes
LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitEffectOfForeignCurrencyRateChanges
-356000 usd
CY2024Q3 us-gaap Liability For Future Policy Benefit Expected Future Benefit Original Discount Rate Before Reinsurance After Cash Flow Change
LiabilityForFuturePolicyBenefitExpectedFutureBenefitOriginalDiscountRateBeforeReinsuranceAfterCashFlowChange
616095000 usd
CY2023Q3 us-gaap Liability For Future Policy Benefit Expected Future Benefit Original Discount Rate Before Reinsurance After Cash Flow Change
LiabilityForFuturePolicyBenefitExpectedFutureBenefitOriginalDiscountRateBeforeReinsuranceAfterCashFlowChange
632947000 usd
CY2024Q3 us-gaap Aoci Liability For Future Policy Benefit Expected Future Policy Benefit Before Tax
AociLiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitBeforeTax
-82700000 usd
CY2023Q3 us-gaap Aoci Liability For Future Policy Benefit Expected Future Policy Benefit Before Tax
AociLiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitBeforeTax
-124511000 usd
CY2024Q3 us-gaap Liability For Future Policy Benefit Expected Future Policy Benefit Before Reinsurance After Discount Rate Change
LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitBeforeReinsuranceAfterDiscountRateChange
533395000 usd
CY2023Q3 us-gaap Liability For Future Policy Benefit Expected Future Policy Benefit Before Reinsurance After Discount Rate Change
LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitBeforeReinsuranceAfterDiscountRateChange
508436000 usd
CY2024Q3 us-gaap Liability For Future Policy Benefit Expected Future Policy Benefit Undiscounted Before Reinsurance
LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitUndiscountedBeforeReinsurance
787600000 usd
CY2023Q4 us-gaap Liability For Future Policy Benefit Expected Future Policy Benefit Undiscounted Before Reinsurance
LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitUndiscountedBeforeReinsurance
813600000 usd
CY2024Q3 us-gaap Liability For Future Policy Benefit Weighted Average Interest Accretion Rate
LiabilityForFuturePolicyBenefitWeightedAverageInterestAccretionRate
0.023 rate
CY2023Q4 us-gaap Liability For Future Policy Benefit Weighted Average Interest Accretion Rate
LiabilityForFuturePolicyBenefitWeightedAverageInterestAccretionRate
0.023 rate
CY2024Q3 us-gaap Liability For Future Policy Benefit Current Weighted Average Discount Rate
LiabilityForFuturePolicyBenefitCurrentWeightedAverageDiscountRate
0.038 rate
CY2023Q4 us-gaap Liability For Future Policy Benefit Current Weighted Average Discount Rate
LiabilityForFuturePolicyBenefitCurrentWeightedAverageDiscountRate
0.038 rate
CY2024Q3 us-gaap Liability For Future Policy Benefit Weighted Average Duration
LiabilityForFuturePolicyBenefitWeightedAverageDuration
P8Y4M24D
CY2023Q4 us-gaap Liability For Future Policy Benefit Weighted Average Duration
LiabilityForFuturePolicyBenefitWeightedAverageDuration
P8Y7M6D
CY2022Q3 mkl Cash Funding Used To Purchase Markel Cat Co Funds Interests In Markel Cat Co Re
CashFundingUsedToPurchaseMarkelCATCoFundsInterestsInMarkelCATCoRe
45100000 usd
CY2022Q2 mkl Returned Capital From Markel Cat Co Re
ReturnedCapitalFromMarkelCATCoRe
24900000 usd
CY2024Q3 mkl Investment In Markel Cat Co Re
InvestmentInMarkelCATCoRe
20100000 usd
CY2023Q4 mkl Investment In Markel Cat Co Re
InvestmentInMarkelCATCoRe
20100000 usd
CY2024Q3 mkl Percentage Of Markel Cat Co Re Net Equity Held By The Company
PercentageOfMarkelCATCoReNetEquityHeldByTheCompany
0.13
CY2023Q4 mkl Percentage Of Markel Cat Co Re Net Equity Held By The Company
PercentageOfMarkelCATCoReNetEquityHeldByTheCompany
0.23
CY2024Q3 mkl Investment In Markel Cat Co Re
InvestmentInMarkelCATCoRe
20100000 usd
CY2023Q4 mkl Investment In Markel Cat Co Re
InvestmentInMarkelCATCoRe
20100000 usd
CY2024Q3 mkl Tail Risk Cover In Cat Co Transaction
TailRiskCoverInCATCoTransaction
95000000.0 usd
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2024Q3 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2024Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2024Q3 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2023Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
18000000.0 usd
CY2024Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
18000000.0 usd
CY2024Q2 us-gaap Preferred Stock Dividends Per Share Cash Paid
PreferredStockDividendsPerShareCashPaid
30
CY2023Q2 us-gaap Preferred Stock Dividends Per Share Cash Paid
PreferredStockDividendsPerShareCashPaid
30
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
904959000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
42591000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2179844000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1208754000 usd
CY2024Q3 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
42565000 usd
CY2023Q3 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
628000 usd
us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
81267000 usd
us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
-7087000 usd
CY2024Q3 mkl Adjusted Net Income Loss
AdjustedNetIncomeLoss
862394000 usd
CY2023Q3 mkl Adjusted Net Income Loss
AdjustedNetIncomeLoss
41963000 usd
mkl Adjusted Net Income Loss
AdjustedNetIncomeLoss
2098577000 usd
mkl Adjusted Net Income Loss
AdjustedNetIncomeLoss
1215841000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12987000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13315000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13058000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13382000 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13017000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13345000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13082000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13406000 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
66.40
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.15
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
160.71
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
90.86
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
66.25
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.14
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
160.42
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
90.69
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

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0001096343-24-000123-index-headers.html Edgar Link pending
0001096343-24-000123-index.html Edgar Link pending
0001096343-24-000123.txt Edgar Link pending
0001096343-24-000123-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
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mkl-20240930.htm Edgar Link pending
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mkl-20240930_htm.xml Edgar Link completed
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