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Segment Reporting Disclosures (Company's Segment Disclosures) (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
USD ($)
Sep. 30, 2018
USD ($)
Sep. 30, 2019
USD ($)
segment
Sep. 30, 2018
USD ($)
Segment Reporting Information [Line Items]        
Number of reportable ongoing underwriting segments | segment     2  
Gross premium volume $ 2,264,492 $ 2,043,771 $ 6,766,681 $ 6,088,088
Net written premiums 1,370,384 1,216,271 4,153,115 3,731,679
Earned premiums 1,300,032 1,185,323 3,703,470 3,484,528
Losses and loss adjustment expenses, current accident year (900,230) (860,986) (2,454,912) (2,340,868)
Losses and loss adjustment expenses, prior accident years 148,096 124,140 336,912 389,726
Amortization of policy acquisition costs (280,635) (241,848) (805,527) (733,003)
Other operating expenses (194,584) (200,113) (587,220) (584,918)
Underwriting profit 72,679 6,516 192,723 215,465
Net investment income 113,382 106,307 339,395 319,710
Net investment gains (losses) 32,144 426,075 1,069,988 408,326
Products revenues 386,708 362,577 1,237,178 1,129,036
Services and other revenues 200,792 155,667 594,631 456,833
Products expenses (354,404) (341,718) (1,098,968) (1,062,000)
Services and other expenses (153,358) (132,024) (498,760) (394,311)
Amortization of intangible assets (35,695) [1] (27,795) [2] (112,663) [3] (86,259) [4]
Impairment of goodwill and intangible assets 0 0 0 (14,904)
Segment profit (loss) 262,248 555,605 1,723,524 971,896
Interest expense (47,465) (37,961) (129,022) (114,722)
Net foreign exchange losses (gains) 53,850 1,383 57,001 65,427
Loss on early extinguishment of debt (6,705) 0 (6,705) 0
Income before income taxes $ 261,928 $ 519,027 $ 1,644,798 $ 922,601
U.S. GAAP combined ratio 94.00% [5] 99.00% [6] 95.00% [7] 94.00% [8]
Insurance [Member]        
Segment Reporting Information [Line Items]        
Gross premium volume $ 1,418,363 $ 1,248,150 $ 3,979,559 $ 3,575,340
Net written premiums 1,181,919 1,021,684 3,306,447 2,935,789
Earned premiums 1,058,869 961,062 3,023,865 2,782,107
Losses and loss adjustment expenses, current accident year (722,172) (674,529) (1,998,042) (1,855,190)
Losses and loss adjustment expenses, prior accident years 135,029 111,117 309,324 369,775
Amortization of policy acquisition costs (218,710) (182,857) (627,318) (554,185)
Other operating expenses (171,731) (172,340) (526,884) (523,239)
Underwriting profit 81,285 42,453 180,945 219,268
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]
Impairment of goodwill and intangible assets       0
Segment profit (loss) $ 81,285 $ 42,453 $ 180,945 $ 219,268
U.S. GAAP combined ratio 92.00% [5] 96.00% [6] 94.00% [7] 92.00% [8]
Reinsurance [Member]        
Segment Reporting Information [Line Items]        
Gross premium volume $ 226,387 $ 234,360 $ 963,145 $ 935,498
Net written premiums 187,180 195,349 844,949 795,136
Earned premiums 240,144 225,277 678,382 702,854
Losses and loss adjustment expenses, current accident year (178,058) (186,505) (456,870) (485,678)
Losses and loss adjustment expenses, prior accident years 13,800 12,681 20,695 18,135
Amortization of policy acquisition costs (61,925) (58,991) (178,209) (178,818)
Other operating expenses (20,436) (26,125) (58,301) (59,433)
Underwriting profit (6,475) (33,663) 5,697 (2,940)
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]
Impairment of goodwill and intangible assets       0
Segment profit (loss) $ (6,475) $ (33,663) $ 5,697 $ (2,940)
U.S. GAAP combined ratio 103.00% [5] 115.00% [6] 99.00% [7] 100.00% [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 years 0 0 0 0
Amortization of policy acquisition costs 0 0 0 0
Other operating expenses 0 0 0 0
Underwriting profit 0 0 0 0
Net investment income 113,220 106,164 338,783 319,253
Net investment gains (losses) 32,144 426,075 1,069,988 408,326
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]
Impairment of goodwill and intangible assets       0
Segment profit (loss) 145,364 532,239 1,408,771 727,579
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 years 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 0 [9] 0 [10] 0 [11] 0 [12]
Net investment income 162 [9] 143 [10] 612 [11] 457 [12]
Net investment gains (losses) 0 [9] 0 [10] 0 [11] 0 [12]
Products revenues 386,708 [9] 362,577 [10] 1,237,178 [11] 1,129,036 [12]
Services and other revenues 109,373 [9] 106,694 [10] 330,653 [11] 311,048 [12]
Products expenses (354,404) [9] (341,718) [10] (1,098,968) [11] (1,062,000) [12]
Services and other expenses (96,015) [9] (94,924) [10] (290,745) [11] (273,876) [12]
Amortization of intangible assets (10,357) [1],[9] (9,139) [2],[10] (31,674) [3],[11] (29,332) [4],[12]
Impairment of goodwill and intangible assets       (14,904)
Segment profit (loss) 35,467 [9] 23,633 [10] 147,056 [11] 60,429 [12]
Depreciation expense (12,900) (13,000) (40,400) (38,500)
Other [Member]        
Segment Reporting Information [Line Items]        
Gross premium volume 619,742 [13] 561,261 [14] 1,823,977 [15] 1,577,250 [16]
Net written premiums 1,285 [13] (762) [14] 1,719 [15] 754 [16]
Earned premiums 1,019 [13] (1,016) [14] 1,223 [15] (433) [16]
Losses and loss adjustment expenses, current accident year 0 [13] 48 [14] 0 [15] 0 [16]
Losses and loss adjustment expenses, prior accident years (733) [13] 342 [14] 6,893 [15] 1,816 [16]
Amortization of policy acquisition costs 0 [13] 0 [14] 0 [15] 0 [16]
Other operating expenses (2,417) [13] (1,648) [14] (2,035) [15] (2,246) [16]
Underwriting profit (2,131) [13] (2,274) [14] 6,081 [15] (863) [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 91,419 [13] 48,973 [14] 263,978 [15] 145,785 [16]
Products expenses 0 [13] 0 [14] 0 [15] 0 [16]
Services and other expenses (57,343) [13] (37,100) [14] (208,015) [15] (120,435) [16]
Amortization of intangible assets (25,338) [1],[13] (18,656) [2],[14] (80,989) [3],[15] (56,927) [4],[16]
Impairment of goodwill and intangible assets [16]       0
Segment profit (loss) $ 6,607 [13] $ (9,057) [14] $ (18,945) [15] $ (32,440) [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 any other reportable 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 any other reportable 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 any other reportable 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 any other reportable 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 $12.9 million for the quarter ended September 30, 2019.
[10]
Products expenses and services and other expenses for the Markel Ventures segment include depreciation expense of $13.0 million for the quarter ended September 30, 2018.
[11]
Products expenses and services and other expenses for the Markel Ventures segment include depreciation expense of $40.4 million for the nine months ended September 30, 2019.
[12]
Products expenses and services and other expenses for the Markel Ventures segment include depreciation expense of $38.5 million for the nine months ended September 30, 2018.
[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 are not allocated to a reportable segment.
[14]
Other represents the total loss attributable to the Company's operations that are not included in a reportable segment as well as any amortization of intangible assets that are not allocated to a reportable segment.
[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 are not allocated to a reportable segment.
[16]
Other represents the total loss attributable to the Company's operations that are not included in a reportable segment as well as any amortization of intangible assets that are not allocated to a reportable segment.
[17]
NM - Ratio is not meaningful
[18]
NM - Ratio is not meaningful
[19]
NM - Ratio is not meaningful
[20]
NM - Ratio is not meaningful