Products, Services and Other Revenues

6 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

The amount of revenues from contracts with customers was $716.9 million and $645.1 million for the quarters ended June 30, 2020 and 2019, respectively, and $1.3 billion and $1.1 billion for the six months ended June 30, 2020 and 2019, respectively.

The following tables present revenues from contracts with customers by type, all of which are included in products revenues and services and other revenues in the consolidated statements of income (loss) and comprehensive income (loss).


	Quarter Ended June 30,
	2020										2019
(dollars in thousands)	Markel Ventures		Other		Total		Markel Ventures		Other		Total
Products	$	414,516	$	—	$	414,516	$	486,209	$	—	$	486,209
Services	240,220		37,122		277,342		101,908		26,881		128,789
Investment management	—		25,009		25,009		—		30,096		30,096
Total revenues from contracts with customers	654,736		62,131		716,867		588,117		56,977		645,094
Program services and other fronting	—		24,790		24,790		—		27,861		27,861
Other	23,349		(23)		23,326		28,870		346		29,216
Total	$	678,085	$	86,898	$	764,983	$	616,987	$	85,184	$	702,171


	Six Months Ended June 30,
	2020										2019
(dollars in thousands)	Markel Ventures		Other		Total		Markel Ventures		Other		Total
Products	$	752,754	$	—	$	752,754	$	819,703	$	—	$	819,703
Services	383,484		68,007		451,491		194,555		46,626		241,181
Investment management	—		54,832		54,832		—		70,988		70,988
Total revenues from contracts with customers	1,136,238		122,839		1,259,077		1,014,258		117,614		1,131,872
Program services and other fronting	—		50,494		50,494		—		54,178		54,178
Other	52,884		683		53,567		57,492		767		58,259
Total	$	1,189,122	$	174,016	$	1,363,138	$	1,071,750	$	172,559	$	1,244,309

The following table presents receivables and customer deposits related to contracts with customers.


(dollars in thousands)	June 30, 2020		December 31, 2019
Receivables	$	537,126	$	263,904
Customer deposits	$	60,255	$	60,623

Receivables from contracts with customers increased $273.2 million as of June 30, 2020 compared to December 31, 2019, primarily attributable to the seasonal nature of certain of the Company's Markel Ventures businesses, the acquisition of Lansing during the second quarter of 2020 as well as growth within certain of the Company's insurance-linked securities operations.