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Markel Corporation (Parent Company Only) Financial Information (Schedule Of Condensed Statements Of Cash Flows) (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
[1]
Jun. 30, 2019
[1]
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
[1]
Jun. 30, 2018
[1]
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
[1]
Jun. 30, 2017
[1]
Mar. 31, 2017
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Condensed Financial Statements, Captions [Line Items]                              
Net Income (Loss) to Shareholders $ 511,104 [1] $ 205,637 $ 497,298 $ 576,427 [1] $ (751,543) [1] $ 409,438 $ 278,231 $ (64,306) [1] $ 434,881 [1] $ (259,141) $ 149,660 $ 69,869 [1] $ 1,790,466 [2] $ (128,180) [2] $ 395,269 [2]
Net Cash Provided By Operating Activities                         1,274,120 892,857 858,529
Proceeds from sales of fixed maturities and equity securities                         353,918 419,199 577,650
Proceeds from maturities, calls and prepayments of fixed maturities                         772,336 551,808 1,129,895
Cost of fixed maturities and equity securities purchased                         (955,970) (1,545,913) (1,176,281)
Net change in short-term investments                         (95,867) 1,101,636 234,743
Acquisitions, net of cash acquired                         (245,332) (1,175,211) (1,431,712)
Cost of equity method investments                         (257,663) (8,864) (13,023)
Additions to property and equipment                         (123,376) (106,593) (74,652)
Other                         16,795 (33,301) 8,923
Net Cash Used By Investing Activities                         (535,159) (797,239) (744,457)
Additions to senior long-term debt                         1,645,182 206,949 664,657
Repayment and retirement of senior long-term debt                         (1,103,674) (289,199) (259,972)
Premiums and fees related to early extinguishment of debt                         (27,073) 0 0
Repurchases of common stock                         (116,307) (54,007) (110,838)
Other                         (5,952) (4,127) (6,281)
Net Cash Provided (Used) By Financing Activities                         359,317 (178,985) 256,315
Increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents                         1,103,921 (104,414) 415,682
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of year       2,396,432       2,500,846       2,085,164 2,396,432 2,500,846 2,085,164
CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS AT END OF YEAR 3,500,353       2,396,432       2,500,846       3,500,353 2,396,432 2,500,846
Parent Company [Member]                              
Condensed Financial Statements, Captions [Line Items]                              
Net Income (Loss) to Shareholders [3]                         1,790,466 (128,180) 395,269
Adjustments to reconcile net income (loss) to shareholders to net cash provided (used) by operating activities                         (1,530,940) 3,637 (166,132)
Net Cash Provided By Operating Activities                         259,526 (124,543) 229,137
Proceeds from sales of fixed maturities and equity securities                         326,564 204,478 20,562
Proceeds from maturities, calls and prepayments of fixed maturities                         41,673 34,560 64,705
Cost of fixed maturities and equity securities purchased                         (82,332) (26,336) (72,910)
Net change in short-term investments                         (236,251) 930,876 649,181
Return of capital from subsidiaries                         14,865 12,712 45,225
Decrease (increase) in notes receivable due from subsidiaries                         100,000 (20,000) (58)
Capital contributions to subsidiaries                         (413,148) (103,133) (270,623)
Acquisitions, net of cash acquired                         0 (972,619) (1,153,683)
Cost of equity method investments                         (213,100) (4,917) 0
Other                         6,719 (8,652) (3,661)
Net Cash Used By Investing Activities                         (455,010) 46,969 (721,262)
Additions to senior long-term debt                         1,384,182 0 592,923
IncreaseDecreaseInNotesPayableFromSubsidiaries                         (99,839) 47,105 0
Repayment and retirement of senior long-term debt                         (484,811) 0 0
Premiums and fees related to early extinguishment of debt                         (13,248) 0 0
Repurchases of common stock                         (116,307) (54,007) (110,838)
Other                         (2,564) (70) (9,848)
Net Cash Provided (Used) By Financing Activities                         667,413 (6,972) 472,237
Increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents                         471,929 (84,546) (19,888)
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of year       $ 266,220       $ 350,766       $ 370,654 266,220 350,766 370,654
CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS AT END OF YEAR $ 738,149       $ 266,220       $ 350,766       $ 738,149 $ 266,220 $ 350,766
[1] Effective January 1, 2018, the Company adopted ASU No. 2016-01. As a result, the change in fair value of equity securities is no longer recognized in other comprehensive income; rather, all changes in the fair value of equity securities are now recognized in net income. Prior periods have not been restated to conform to the current presentation.
[2] Effective January 1, 2018, the Company adopted ASU No. 2016-01. As a result, the change in fair value of equity securities is no longer recognized in other comprehensive income; rather, all changes in the fair value of equity securities are now recognized in net income. Prior periods have not been restated to conform to the current presentation.
[3]
Effective January 1, 2018, the Company adopted ASU No. 2016-01. As a result, equity securities are no longer classified as available-for-sale with unrealized gains and losses recognized in other comprehensive income; rather, all changes in the fair value of equity securities are now recognized in net income. Prior periods have not been restated to conform to the current presentation.