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Segment Reporting Disclosures (Company's Segment Disclosures) (Details)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2020
USD ($)
Jun. 30, 2019
USD ($)
Jun. 30, 2020
USD ($)
segment
Jun. 30, 2019
USD ($)
Segment Reporting Information [Line Items]        
Number of reportable ongoing underwriting segments | segment     2  
Gross premium volume $ 2,373,192 $ 2,247,147 $ 4,696,016 $ 4,502,189
Net written premiums 1,456,395 1,305,638 3,102,873 2,782,731
Earned premiums 1,360,174 1,199,461 2,690,883 2,403,438
Losses and loss adjustment expenses, current accident year (877,364) (796,712) (2,057,729) (1,554,682)
Losses and loss adjustment expenses, prior accident year 164,148 118,592 268,165 188,816
Amortization of policy acquisition costs (302,195) (263,065) (598,006) (524,892)
Other operating expenses (187,167) (199,251) (386,519) (392,636)
Underwriting profit (loss) 157,596 59,025 (83,206) 120,044
Net investment income 95,615 111,831 183,858 226,013
Net investment gains (losses) 911,243 425,653 (770,198) 1,037,844
Products revenues 423,581 501,676 775,742 850,470
Services and other revenues 341,402 200,495 587,396 393,839
Products expenses (364,483) (425,138) (678,554) (744,564)
Services and other expenses (284,940) (170,796) (502,496) (345,402)
Amortization of intangible assets (37,754) [1] (36,300) [2] (75,612) [3] (76,968) [4]
Segment profit (loss) 1,242,260 666,446 (563,070) 1,461,276
Interest expense (45,427) (41,267) (90,457) (81,557)
Net foreign exchange gains (losses) (21,460) 25,015 56,841 3,151
Income (Loss) before income taxes $ 1,175,373 $ 650,194 $ (596,686) $ 1,382,870
U.S. GAAP combined ratio 88.00% [5] 95.00% [6] 103.00% [7] 95.00% [8]
Insurance [Member]        
Segment Reporting Information [Line Items]        
Gross premium volume $ 1,553,436 $ 1,368,348 $ 2,968,147 $ 2,561,196
Net written premiums 1,267,976 1,126,170 2,463,713 2,124,528
Earned premiums 1,120,151 991,269 2,227,002 1,964,996
Losses and loss adjustment expenses, current accident year (730,201) (657,372) (1,736,836) (1,275,870)
Losses and loss adjustment expenses, prior accident year 151,205 101,721 267,337 174,295
Amortization of policy acquisition costs (238,784) (208,609) (478,204) (408,608)
Other operating expenses (167,298) (179,432) (350,600) (355,153)
Underwriting profit (loss) 135,073 47,577 (71,301) 99,660
Net investment income 0 0 0 0
Net investment gains (losses) 0 0 0 0
Products revenues 0 0 0 0
Services and other revenues 0 0 0 0
Products expenses 0 0 0 0
Services and other expenses 0 0 0 0
Amortization of intangible assets 0 [1] 0 [2] 0 [3] 0 [4]
Segment profit (loss) $ 135,073 $ 47,577 $ (71,301) $ 99,660
U.S. GAAP combined ratio 88.00% [5] 95.00% [6] 103.00% [7] 95.00% [8]
Reinsurance [Member]        
Segment Reporting Information [Line Items]        
Gross premium volume $ 223,277 $ 223,381 $ 736,463 $ 736,758
Net written premiums 188,830 178,802 641,579 657,769
Earned premiums 240,555 207,728 466,515 438,238
Losses and loss adjustment expenses, current accident year (147,163) (139,340) (320,893) (278,812)
Losses and loss adjustment expenses, prior accident year 12,280 18,190 (1,632) 6,895
Amortization of policy acquisition costs (63,411) (54,456) (119,802) (116,284)
Other operating expenses (17,506) (23,306) (33,392) (37,865)
Underwriting profit (loss) 24,755 8,816 (9,204) 12,172
Net investment income 0 0 0 0
Net investment gains (losses) 0 0 0 0
Products revenues 0 0 0 0
Services and other revenues 0 0 0 0
Products expenses 0 0 0 0
Services and other expenses 0 0 0 0
Amortization of intangible assets 0 [1] 0 [2] 0 [3] 0 [4]
Segment profit (loss) $ 24,755 $ 8,816 $ (9,204) $ 12,172
U.S. GAAP combined ratio 90.00% [5] 96.00% [6] 102.00% [7] 97.00% [8]
Investing [Member]        
Segment Reporting Information [Line Items]        
Gross premium volume $ 0 $ 0 $ 0 $ 0
Net written premiums 0 0 0 0
Earned premiums 0 0 0 0
Losses and loss adjustment expenses, current accident year 0 0 0 0
Losses and loss adjustment expenses, prior accident year 0 0 0 0
Amortization of policy acquisition costs 0 0 0 0
Other operating expenses 0 0 0 0
Underwriting profit (loss) 0 0 0 0
Net investment income 95,561 111,633 183,620 225,563
Net investment gains (losses) 911,243 425,653 (770,198) 1,037,844
Products revenues 0 0 0 0
Services and other revenues 0 0 0 0
Products expenses 0 0 0 0
Services and other expenses 0 0 0 0
Amortization of intangible assets 0 [1] 0 [2] 0 [3] 0 [4]
Segment profit (loss) 1,006,804 537,286 (586,578) 1,263,407
Markel Ventures [Member]        
Segment Reporting Information [Line Items]        
Gross premium volume 0 [9] 0 [10] 0 [11] 0 [12]
Net written premiums 0 [9] 0 [10] 0 [11] 0 [12]
Earned premiums 0 [9] 0 [10] 0 [11] 0 [12]
Losses and loss adjustment expenses, current accident year 0 [9] 0 [10] 0 [11] 0 [12]
Losses and loss adjustment expenses, prior accident year 0 [9] 0 [10] 0 [11] 0 [12]
Amortization of policy acquisition costs 0 [9] 0 [10] 0 [11] 0 [12]
Other operating expenses 0 [9] 0 [10] 0 [11] 0 [12]
Underwriting profit (loss) 0 [9] 0 [10] 0 [11] 0 [12]
Net investment income 54 [9] 198 [10] 238 [11] 450 [12]
Net investment gains (losses) 0 [9] 0 [10] 0 [11] 0 [12]
Products revenues 423,581 [9] 501,676 [10] 775,742 [11] 850,470 [12]
Services and other revenues 254,504 [9] 115,311 [10] 413,380 [11] 221,280 [12]
Products expenses (364,483) [9] (425,138) [10] (678,554) [11] (744,564) [12]
Services and other expenses (222,656) [9] (99,860) [10] (366,208) [11] (194,730) [12]
Amortization of intangible assets (11,596) [1],[9] (10,510) [2],[10] (23,437) [3],[11] (21,317) [4],[12]
Segment profit (loss) 79,404 81,677 [10] 121,161 [11] 111,589 [12]
Depreciation 14,300 13,500 28,100 [11] 27,500 [12]
Underwriting Segments [Member]        
Segment Reporting Information [Line Items]        
Amortization of intangible assets 10,700 9,800 21,100 19,700
Other [Member]        
Segment Reporting Information [Line Items]        
Gross premium volume 596,479 [13] 655,418 [14] 991,406 [15] 1,204,235 [16]
Net written premiums (411) [13] 666 [14] (2,419) [15] 434 [16]
Earned premiums (532) [13] 464 [14] (2,634) [15] 204 [16]
Losses and loss adjustment expenses, current accident year 0 [13] 0 [14] 0 [15] 0 [16]
Losses and loss adjustment expenses, prior accident year 663 [13] (1,319) [14] 2,460 [15] 7,626 [16]
Amortization of policy acquisition costs 0 [13] 0 [14] 0 [15] 0 [16]
Other operating expenses (2,363) [13] 3,487 [14] (2,527) [15] 382 [16]
Underwriting profit (loss) (2,232) [13] 2,632 [14] (2,701) [15] 8,212 [16]
Net investment income 0 [13] 0 [14] 0 [15] 0 [16]
Net investment gains (losses) 0 [13] 0 [14] 0 [15] 0 [16]
Products revenues 0 [13] 0 [14] 0 [15] 0 [16]
Services and other revenues 86,898 [13] 85,184 [14] 174,016 [15] 172,559 [16]
Products expenses 0 [13] 0 [14] 0 [15] 0 [16]
Services and other expenses (62,284) [13] (70,936) [14] (136,288) [15] (150,672) [16]
Amortization of intangible assets (26,158) [1],[13] (25,790) [2],[14] (52,175) [3],[15] (55,651) [4],[16]
Segment profit (loss) $ (3,776) [13] $ (8,910) [14] $ (17,148) [15] $ (25,552) [12]
U.S. GAAP combined ratio - not meaniningful NM [5],[13],[17] NM [6],[14],[18] NM [7],[15],[19] NM [8],[16],[20]
[1] Segment profit for the Markel Ventures segment includes amortization of intangible assets attributable to Markel Ventures. Amortization of intangible assets is not allocated to the Company's Insurance and Reinsurance segments.
[2] Segment profit for the Markel Ventures segment includes amortization of intangible assets attributable to Markel Ventures. Amortization of intangible assets is not allocated to the Company's Insurance and Reinsurance segments.
[3] Segment profit for the Markel Ventures segment includes amortization of intangible assets attributable to Markel Ventures. Amortization of intangible assets is not allocated to the Company's Insurance and Reinsurance segments.
[4] Segment profit for the Markel Ventures segment includes amortization of intangible assets attributable to Markel Ventures. Amortization of intangible assets is not allocated to the Company's Insurance and Reinsurance segments.
[5] The U.S. GAAP combined ratio is a measure of underwriting performance and represents the relationship of incurred losses, loss adjustment expenses and underwriting, acquisition and insurance expenses to earned premiums.
[6] The U.S. GAAP combined ratio is a measure of underwriting performance and represents the relationship of incurred losses, loss adjustment expenses and underwriting, acquisition and insurance expenses to earned premiums.
[7] The U.S. GAAP combined ratio is a measure of underwriting performance and represents the relationship of incurred losses, loss adjustment expenses and underwriting, acquisition and insurance expenses to earned premiums.
[8] The U.S. GAAP combined ratio is a measure of underwriting performance and represents the relationship of incurred losses, loss adjustment expenses and underwriting, acquisition and insurance expenses to earned premiums.
[9] Products expenses and services and other expenses for the Markel Ventures segment include depreciation expense of $14.3 million for the quarter ended June 30, 2020.
[10] Products expenses and services and other expenses for the Markel Ventures segment include depreciation expense of $13.5 million for the quarter ended June 30, 2019.
[11] Products expenses and services and other expenses for the Markel Ventures segment include depreciation expense of $28.1 million for the six months ended June 30, 2020.
[12] Products expenses and services and other expenses for the Markel Ventures segment include depreciation expense of $27.5 million for the six months ended June 30, 2019.
[13] Other represents the total profit (loss) attributable to the Company's operations that are not included in a reportable segment as well as any amortization of intangible assets that is not allocated to a reportable segment. Amortization of intangible assets attributable to the Company's underwriting segments was $10.7 million for the quarter ended June 30, 2020, however, the Company does not allocate amortization of intangible assets between the Insurance and Reinsurance segments.
[14] Other represents the total profit (loss) attributable to the Company's operations that are not included in a reportable segment as well as any amortization of intangible assets that is not allocated to a reportable segment. Amortization of intangible assets attributable to the Company's underwriting segments was $9.8 million for the quarter ended June 30, 2019, however, the Company does not allocate amortization of intangible assets between the Insurance and Reinsurance segments.
[15] Other represents the total profit (loss) attributable to the Company's operations that are not included in a reportable segment as well as any amortization of intangible assets that is not allocated to a reportable segment. Amortization of intangible assets attributable to the Company's underwriting segments was $21.1 million for the six months ended June 30, 2020, however, the Company does not allocate amortization of intangible assets between the Insurance and Reinsurance segments.
[16] Other represents the total profit (loss) attributable to the Company's operations that are not included in a reportable segment as well as any amortization of intangible assets that is not allocated to a reportable segment. Amortization of intangible assets attributable to the Company's underwriting segments was $19.7 million for the six months ended June 30, 2019, however, the Company does not allocate amortization of intangible assets between the Insurance and Reinsurance segments.
[17] NM - Ratio is not meaningful
[18] NM - Ratio is not meaningful
[19] NM - Ratio is not meaningful
[20] NM - Ratio is not meaningful