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Markel Group Inc. (MKL)
NYSE: MKL · Real-Time Price · USD
2,103.58
+27.13 (1.31%)
Feb 10, 2026, 12:39 PM EST - Market open

Gross Premiums Written

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16 Dec '15 Dec '14 Dec '13 Dec '12
Markel Insurance Gross Written Premium
12.50B11.57B
Markel Insurance Gross Written Premium Growth
8.06%-
State National Gross Written Premium
4.25B4.07B
State National Gross Written Premium Growth
4.24%-
Eliminations from Gross Written Premium
-221.63M-144.96M

Gross Premiums Written 2

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16 Dec '15 Dec '14 Dec '13 Dec '12
Insurance Gross Written Premium
-9.40B
Insurance Gross Written Premium Growth
-1.99%
Reinsurance Gross Written Premium
-1.15B
Reinsurance Gross Written Premium Growth
-9.96%
Other Segment Gross Written Premium
-4.94B
Other Segment Gross Written Premium Growth
-32.23%

Net Premiums Written

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16 Dec '15 Dec '14 Dec '13 Dec '12
Direct Net Written Premiums
-12.09B
Direct Net Written Premiums Growth
-6.97%
Assumed Net Written Premiums
-3.40B
Assumed Net Written Premiums Growth
-26.15%
Ceded Insurance Net Written Premiums
--7.20B

Net Premiums Written 2

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16 Dec '15 Dec '14 Dec '13 Dec '12
Insurance Net Written Premiums
-7.26B
Insurance Net Written Premiums Growth
--2.31%
Reinsurance Net Written Premiums
-1.04B
Reinsurance Net Written Premiums Growth
-7.40%
Other Segment Net Written Premiums
--3.29M

Net Premiums Earned

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16 Dec '15 Dec '14 Dec '13 Dec '12
Markel Insurance Earned Premiums
8.40B8.13B
Markel Insurance Earned Premiums Growth
3.33%-
State National Earned Premiums
314.34M301.70M
State National Earned Premiums Growth
4.19%-

Net Premiums Earned 2

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16 Dec '15 Dec '14 Dec '13 Dec '12
Insurance Earned Premiums
-7.41B
Insurance Earned Premiums Growth
-1.72%
Reinsurance Earned Premiums
-1.03B
Reinsurance Earned Premiums Growth
-1.37%
Other Segment Earned Premiums
--3.43M

Revenue

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16 Dec '15 Dec '14 Dec '13 Dec '12
Markel Insurance Operating Revenue
9.35B8.98B
Markel Insurance Operating Revenue Growth
4.11%-
Industrial Operating Revenue
3.93B3.78B
Industrial Operating Revenue Growth
3.93%-
Financial Operating Revenue
736.96M593.31M
Financial Operating Revenue Growth
24.21%-
Consumer and Other Operating Revenue
1.38B1.33B
Consumer and Other Operating Revenue Growth
4.19%-
Eliminations from Revenue
112.22M129.84M
Eliminations from Revenue Growth
-13.57%-
Revenue (Total)
15.51B16.62B
Revenue (Total) Growth
-6.66%5.17%

EBIT

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16 Dec '15 Dec '14 Dec '13 Dec '12
Markel Insurance Operating Income
1.38B1.18B
Markel Insurance Operating Income Growth
16.43%-
Industrial Operating Income
343.18M365.03M
Industrial Operating Income Growth
-5.99%-
Financial Operating Income
326.57M262.08M
Financial Operating Income Growth
24.61%-
Consumer and Other Operating Income
174.64M145.37M
Consumer and Other Operating Income Growth
20.13%-
Eliminations from Operating Income
80.32M129.84M
Eliminations from Operating Income Growth
-38.14%-
Operating Income (Total)
3.19B3.71B
Operating Income (Total) Growth
-13.94%26.76%

EBIT 2

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16 Dec '15 Dec '14 Dec '13 Dec '12
Insurance Segment Profit
-421.89M
Insurance Segment Profit Growth
-160.14%
Reinsurance Segment Profit
--5.36M
Investing Segment Profit
-2.77B
Investing Segment Profit Growth
-23.71%
Markel Ventures Segment Profit
-438.77M
Markel Ventures Segment Profit Growth
--15.60%
Other Segment Insurance Operations Segment Profit
-184.48M
Other Segment Insurance Operations Segment Profit Growth
--10.11%
Operating Income (Total)
3.19B3.71B
Operating Income (Total) Growth
-13.94%26.76%

Adjusted EBIT

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16 Dec '15 Dec '14 Dec '13 Dec '12
Markel Insurance Underwriting Profit
455.67M366.98M
Markel Insurance Underwriting Profit Growth
24.17%-
State National Underwriting Profit
46.99M35.30M
State National Underwriting Profit Growth
33.12%-
Operating Income (Other)
2.69B3.31B
Operating Income (Total)
3.19B3.71B
Operating Income (Total) Growth
-13.94%26.76%

Adjusted EBIT 2

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16 Dec '15 Dec '14 Dec '13 Dec '12
Insurance Underwriting Profit
-421.89M
Insurance Underwriting Profit Growth
-160.14%
Reinsurance Underwriting Profit
--5.36M
Other Segment Underwriting Profit
--14.25M
Operating Income (Total)
3.19B3.71B
Operating Income (Total) Growth
-13.94%26.76%

Key Performance Indicators

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16 Dec '15 Dec '14 Dec '13 Dec '12
Underwriting Gross Premium Volume - Markel Insurance
10.64B10.26B
Underwriting Gross Premium Volume - Markel Insurance Growth
3.74%-0.16%
Loss Ratio - Markel Insurance
58.40%60.00%
Expense Ratio - Markel Insurance
36.10%35.50%
Combined Ratio - Markel Insurance
94.60%95.50%
Retention Ratio - Markel Insurance
-79.00%
Updated Dec 31, 2025. Data Source: Fiscal.ai.