XML 33 R23.htm IDEA: XBRL DOCUMENT
v3.25.3

Products, Services and Other Revenues (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
Revenue from Contract with Customer [Abstract] |
Schedule Of Revenues From Contracts With Customers By Type | The following tables present revenues from contracts with customers by type and segment, all of which are included in products revenues and services and other revenues, along with a reconciliation to total products revenues and services and other revenues.
| Quarter Ended September 30, 2025
(dollars in thousands) | Markel Insurance |  | Industrial |  | Financial |  | Consumer and Other |  | Corporate |  | Total
Products | $ | — |  |  | $ | 417,986 |  |  | $ | — |  |  | $ | 181,628 |  |  | $ | — |  |  | $ | 599,614 |
Services | 1,199 |  |  | 588,148 |  |  | 441 |  |  | 91,598 |  |  | — |  |  | 681,386 |
Management fees | — |  |  | — |  |  | 30,340 |  |  | — |  |  | — |  |  | 30,340 |
Total revenues from contracts with customers | 1,199 |  |  | 1,006,134 |  |  | 30,781 |  |  | 273,226 |  |  | — |  |  | 1,311,340 |
Leasing revenues | — |  |  | 43,218 |  |  | — |  |  | 16,938 |  |  | — |  |  | 60,156 |
Fronting fees | 29,026 |  |  | — |  |  | 41,047 |  |  | — |  |  | — |  |  | 70,073 |
Equity method and other investments income | 12,373 |  |  | — |  |  | 1,528 |  |  | — |  |  | 21,021 |  |  | 34,922 |
Other | 4,751 |  |  | 609 |  |  | — |  |  | 1,250 |  |  | — |  |  | 6,610 |
Total products, services, and other revenues | $ | 47,349 |  |  | $ | 1,049,961 |  |  | $ | 73,356 |  |  | $ | 291,414 |  |  | $ | 21,021 |  |  | $ | 1,483,101 |
| Quarter Ended September 30, 2024
(dollars in thousands) | Markel Insurance |  | Industrial |  | Financial |  | Consumer and Other |  | Corporate |  | Total
Products | $ | — |  |  | $ | 432,120 |  |  | $ | — |  |  | $ | 173,351 |  |  | $ | — |  |  | $ | 605,471 |
Services | 2,593 |  |  | 536,085 |  |  | (352) |  |  | 74,977 |  |  | — |  |  | 613,303 |
Management fees | — |  |  | — |  |  | 25,858 |  |  | — |  |  | — |  |  | 25,858 |
Total revenues from contracts with customers | 2,593 |  |  | 968,205 |  |  | 25,506 |  |  | 248,328 |  |  | — |  |  | 1,244,632 |
Leasing revenues | — |  |  | 29,843 |  |  | — |  |  | 15,883 |  |  | — |  |  | 45,726 |
Fronting fees | 12,627 |  |  | — |  |  | 34,986 |  |  | — |  |  | — |  |  | 47,613 |
Equity method and other investments income | 2,798 |  |  | (86) |  |  | (5,989) |  |  | — |  |  | 11,954 |  |  | 8,677 |
Other | 67 |  |  | 346 |  |  | — |  |  | 1,088 |  |  | — |  |  | 1,501 |
Total products, services, and other revenues | $ | 18,085 |  |  | $ | 998,308 |  |  | $ | 54,503 |  |  | $ | 265,299 |  |  | $ | 11,954 |  |  | $ | 1,348,149 |
| Nine Months Ended September 30, 2025
(dollars in thousands) | Markel Insurance |  | Industrial |  | Financial |  | Consumer and Other |  | Corporate |  | Total
Products | $ | — |  |  | $ | 1,197,798 |  |  | $ | — |  |  | $ | 795,614 |  |  | $ | — |  |  | $ | 1,993,412 |
Services | 4,748 |  |  | 1,578,137 |  |  | 1,160 |  |  | 258,732 |  |  | — |  |  | 1,842,777 |
Management fees | — |  |  | — |  |  | 85,790 |  |  | — |  |  | — |  |  | 85,790 |
Total revenues from contracts with customers | 4,748 |  |  | 2,775,935 |  |  | 86,950 |  |  | 1,054,346 |  |  | — |  |  | 3,921,979 |
Leasing revenues | — |  |  | 117,788 |  |  | — |  |  | 50,916 |  |  | — |  |  | 168,704 |
Fronting fees | 37,958 |  |  | — |  |  | 121,576 |  |  | — |  |  | — |  |  | 159,534 |
Equity method and other investments income | 10,515 |  |  | 350 |  |  | 46,701 |  |  | — |  |  | 38,496 |  |  | 96,062 |
Other | 5,031 |  |  | 1,177 |  |  | — |  |  | 3,164 |  |  | — |  |  | 9,372 |
Total products, services, and other revenues | $ | 58,252 |  |  | $ | 2,895,250 |  |  | $ | 255,227 |  |  | $ | 1,108,426 |  |  | $ | 38,496 |  |  | $ | 4,355,651 |
| Nine Months Ended September 30, 2024
(dollars in thousands) | Markel Insurance |  | Industrial |  | Financial |  | Consumer and Other |  | Corporate |  | Total
Products | $ | — |  |  | $ | 1,261,664 |  |  | $ | — |  |  | $ | 779,035 |  |  | $ | — |  |  | $ | 2,040,699 |
Services | 6,313 |  |  | 1,445,797 |  |  | 476 |  |  | 233,874 |  |  | — |  |  | 1,686,460 |
Management fees | — |  |  | — |  |  | 68,340 |  |  | — |  |  | — |  |  | 68,340 |
Total revenues from contracts with customers | 6,313 |  |  | 2,707,461 |  |  | 68,816 |  |  | 1,012,909 |  |  | — |  |  | 3,795,499 |
Leasing revenues | — |  |  | 76,160 |  |  | — |  |  | 47,354 |  |  | — |  |  | 123,514 |
Fronting fees | 19,875 |  |  | — |  |  | 109,986 |  |  | — |  |  | — |  |  | 129,861 |
Equity method and other investments income | 9,143 |  |  | 658 |  |  | (3,004) |  |  | — |  |  | 38,669 |  |  | 45,466 |
Other | 118 |  |  | 269 |  |  | — |  |  | 3,600 |  |  | — |  |  | 3,987 |
Total products, services, and other revenues | $ | 35,449 |  |  | $ | 2,784,548 |  |  | $ | 175,798 |  |  | $ | 1,063,863 |  |  | $ | 38,669 |  |  | $ | 4,098,327 |

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration