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Goodwill And Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Rollforward of Components Of Goodwill
The following table presents a rollforward of the components of goodwill by reportable segment.

(dollars in thousands)InsuranceReinsuranceMarkel Ventures
Other(1)
Total
January 1, 2022$774,712 $122,745 $1,196,590 $805,093 $2,899,140 
Acquisitions
— — 41,905 — 41,905 
Dispositions— — — (132,455)(132,455)
Impairment of goodwill— — — (80,000)(80,000)
Adjustments to preliminary purchase price allocation— — (83,358)— (83,358)
Foreign currency movements and other adjustments (3,084)— (1,228)(2,082)(6,394)
December 31, 2022 (2)
$771,628 $122,745 $1,153,909 $590,556 $2,638,838 
Adjustments to preliminary purchase price allocation  (16,752) (16,752)
Foreign currency movements and other adjustments1,195  497 971 2,663 
December 31, 2023 (2)
$772,823 $122,745 $1,137,654 $591,527 $2,624,749 
(1)    Amounts included in Other reflect the Company's operations that are not included in a reportable segment and are primarily related to the Company's program services and insurance-linked securities operations.
(2)    As of December 31, 2023 and 2022, goodwill was net of accumulated impairment losses of $190.6 million, of which $171.9 million was in Other and $18.7 million was in Markel Ventures.
Rollforward of Components of Net Intangible Assets
The following table presents a rollforward of net intangible assets by reportable segment.

(dollars in thousands)
Underwriting(1)
Markel Ventures
Other(2)
Total
January 1, 2022$401,255 $766,179 $655,052 $1,822,486 
Acquisitions
— 21,614 — 21,614 
Dispositions
— — (2,716)(2,716)
Amortization of intangible assets(38,533)(79,043)(61,202)(178,778)
Adjustments to preliminary purchase price allocation— 86,773 — 86,773 
Foreign currency movements and other adjustments(400)774 (2,289)(1,915)
December 31, 2022$362,322 $796,297 $588,845 $1,747,464 
Dispositions
  (2,000)(2,000)
Amortization of intangible assets(37,076)(82,370)(61,168)(180,614)
Adjustments to preliminary purchase price allocation 22,671  22,671 
Foreign currency movements and other adjustments98 119 946 1,163 
December 31, 2023$325,344 $736,717 $526,623 $1,588,684 
(1)    Amounts included in Underwriting reflect the intangible assets associated with the Company's underwriting segments, which are not allocated between the Insurance and Reinsurance segments.
(2)    Amounts included in Other reflect the Company's operations that are not included in a reportable segment and are primarily related to the Company's program services and insurance-linked securities operations.
Components of Intangible Assets
The following table presents the components of intangible assets.

December 31,
20232022
(dollars in thousands)Gross
Carrying
Amount
Accumulated
Amortization
Gross
Carrying
Amount
Accumulated
Amortization
Customer relationships$1,450,503 $(600,724)$1,425,330 $(498,987)
Investment management agreements464,000 (149,560)464,000 (120,394)
Broker and agent relationships
297,693 (168,586)296,972 (152,142)
Trade names293,270 (138,040)293,194 (118,976)
Technology113,248 (100,781)113,170 (92,646)
Insurance licenses72,333 — 74,333 — 
Other169,681 (114,353)169,775 (106,165)
Total$2,860,728 $(1,272,044)$2,836,774 $(1,089,310)