B
Markel American Ins Co
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Assets
Capital
Net
Premiums
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Major Rating Factors: Good long-term capitalization index (6.4 on a scale of 0 to 10) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range over the last two years. History of adequate reserve strength (6.0) as reserves have been consistently at an acceptable level. Excellent profitability index (8.4) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 11.8%.
Other Rating Factors: Excellent liquidity (7.3) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.3). Stability strengths include good operational trends, good risk adjusted capital for prior years and excellent risk diversification.
Stability Factors: C - Past results on our Risk-Adjusted Capital tests. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Comm multi (5.1%), homeowners (4.9%), work comp (4.0%), personal/comm auto (1.4%), fin guar/surety (1.1%), product liab. (0.6%), med mal (0.5%), fire (0.4%), other (82.1%)
Licensed in: All states and PR
Principal Investments: Investment grade bonds (60.3%), common stock (23.6%), other (16.1%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
Markel Group Inc
Investment Rating
MKL
Company Address
4521 Highwoods Parkway
Glen Allen, VA 23060
Phone Number
(800) 431-1270 3789
NAIC Number
28932
Largest Affiliates
C
Rosemont, IL - P&C
C
Summit, NJ - P&C
B
Glen Allen, VA - P&C
B
Bedford, TX - P&C
B
Houston, TX - P&C