Markel Group Inc. (MKL)

Gross Premiums Written

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Markel Insurance Gross Written Premium	12.13B	12.50B	11.57B
Markel Insurance Gross Written Premium Growth	-2.95%	8.06%	6.87%
State National Gross Written Premium	4.21B	4.25B	4.07B
State National Gross Written Premium Growth	-0.92%	4.24%	25.70%
Eliminations from Gross Written Premium	-247.41M	-221.63M	-144.96M

Gross Premiums Written 2

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
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

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Direct Net Written Premiums	12.40B	12.31B	12.09B
Direct Net Written Premiums Growth	0.71%	1.81%	6.97%
Assumed Net Written Premiums	3.69B	4.21B	3.40B
Assumed Net Written Premiums Growth	-12.37%	23.82%	26.15%
Ceded Insurance Net Written Premiums	-7.84B	-7.81B	-7.20B

Net Premiums Written 2

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
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

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Markel Insurance Earned Premiums	8.35B	8.40B	8.13B
Markel Insurance Earned Premiums Growth	-0.56%	3.33%	1.49%
State National Earned Premiums	321.06M	314.34M	301.70M
State National Earned Premiums Growth	2.14%	4.19%	6.24%

Net Premiums Earned 2

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Insurance Earned Premiums	7.41B
Insurance Earned Premiums Growth	1.71%
Reinsurance Earned Premiums	1.03B
Reinsurance Earned Premiums Growth	1.37%
Other Segment Earned Premiums	-3.43M

Revenue Breakdown

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Markel Insurance Operating Revenue	-	9.35B	8.98B
Markel Insurance Operating Revenue Growth	-	4.11%	3.41%
Industrial Operating Revenue	-	3.93B	3.78B
Industrial Operating Revenue Growth	-	3.93%	1.37%
Financial Operating Revenue	-	736.96M	593.31M
Financial Operating Revenue Growth	-	24.21%	7.26%
Consumer and Other Operating Revenue	-	1.38B	1.33B
Consumer and Other Operating Revenue Growth	-	4.19%	6.44%
Eliminations from Revenue	-	112.22M	129.84M
Eliminations from Revenue Growth	-	-13.57%	105.50%
Revenue (Total)	16.10B	15.51B	14.81B
Revenue (Total) Growth	3.76%	4.72%	3.74%

EBIT

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Markel Insurance Operating Income	-	1.38B	1.18B
Markel Insurance Operating Income Growth	-	16.43%	58.53%
Industrial Operating Income	-	343.18M	365.03M
Industrial Operating Income Growth	-	-5.99%	-3.52%
Financial Operating Income	-	326.57M	262.08M
Financial Operating Income Growth	-	24.61%	0.71%
Consumer and Other Operating Income	-	174.64M	145.37M
Consumer and Other Operating Income Growth	-	20.13%	6.53%
Eliminations from Operating Income	-	80.32M	129.84M
Eliminations from Operating Income Growth	-	-38.14%	105.50%
Operating Income (Total)	2.64B	3.19B	3.71B
Operating Income (Total) Growth	-17.40%	-13.94%	26.76%

EBIT 3

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
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)	2.64B	3.19B	3.71B
Operating Income (Total) Growth	-17.40%	-13.94%	26.76%

Adjusted EBIT

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Markel Insurance Underwriting Profit	517.76M	455.67M	366.98M
Markel Insurance Underwriting Profit Growth	13.63%	24.17%	295.51%
State National Underwriting Profit	39.87M	46.99M	35.30M
State National Underwriting Profit Growth	-15.15%	33.12%	-11.64%
Operating Income (Other)	2.08B	2.69B	3.31B
Operating Income (Total)	2.64B	3.19B	3.71B
Operating Income (Total) Growth	-17.40%	-13.94%	26.76%

Adjusted EBIT 2

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
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)	2.64B	3.19B	3.71B
Operating Income (Total) Growth	-17.40%	-13.94%	26.76%

Key Performance Indicators

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Underwriting Gross Premium Volume - Markel Insurance	10.07B	10.64B	10.26B
Underwriting Gross Premium Volume - Markel Insurance Growth	-5.41%	3.74%	2.79%
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%	78.00%

Data Source: Fiscal.ai Last updated: Apr 28, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jun 28, 2026

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