B
Markel American Ins Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.40
Risk Adjusted
Capital Ratio #2
0.90
Loss
Ratio
66.92%
Total
Assets
2.08B
Capital
647.29M
Net
Premiums
486.23M
Net
Income
33.59M
My Lists My Alerts
Auto Physical Damage
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
2,107
362
2,469
14.66%
22.82%
2022
2,151
322
2,473
13.02%
23.10%
2021
283
107
390
27.44%
22.81%
2020
276
101
377
26.79%
21.51%
2019
365
169
534
31.65%
22.66%
2018
418
140
558
25.09%
21.92%
Commercial Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
146
13
159
8.18%
47.27%
2022
154
12
166
7.23%
45.41%
2021
0
1
1
100.00%
44.40%
2020
0
0
0
0.00%
42.42%
2019
3
0
3
0.00%
44.33%
2018
1
0
1
0.00%
44.16%
Commercial Multiple Peril
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
463
98
561
17.47%
38.64%
2022
440
112
552
20.29%
39.39%
2021
394
48
442
10.86%
40.41%
2020
227
67
294
22.79%
48.09%
2019
166
51
217
23.50%
43.30%
2018
87
52
139
37.41%
41.13%
Homeowners & Farmowners
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
533
301
834
36.09%
36.96%
2022
392
345
737
46.81%
37.08%
2021
1,713
1,367
3,080
44.38%
39.17%
2020
1,385
950
2,335
40.69%
35.42%
2019
1,517
1,278
2,795
45.72%
35.34%
2018
1,724
1,636
3,360
48.69%
34.35%
Medical Professional Liability (Claims Made)
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
1
109
110
99.09%
95.21%
2022
1
89
90
98.89%
96.00%
2021
0
0
0
0.00%
93.58%
2020
0
0
0
0.00%
94.02%
2019
0
0
0
0.00%
94.59%
2018
0
0
0
0.00%
94.39%
Medical Professional Liability (Occurrence)
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
0
0
0
0.00%
92.52%
2022
0
2
2
100.00%
92.14%
Other Liability: Claims Made
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
53
418
471
88.75%
74.81%
2022
36
387
423
91.49%
73.22%
2021
46
783
829
94.45%
79.01%
2020
50
931
981
94.90%
80.13%
2019
74
1,100
1,174
93.70%
77.47%
2018
44
786
830
94.70%
77.10%
Other Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
485
397
882
45.01%
16.34%
2022
433
371
804
46.14%
11.13%
2021
117
563
680
82.79%
18.93%
2020
101
405
506
80.04%
20.93%
2019
86
508
594
85.52%
16.90%
2018
65
266
331
80.36%
11.94%
Private Passenger Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
474
482
956
50.42%
44.64%
2022
462
419
881
47.56%
46.15%
2021
80
71
151
47.02%
46.87%
2020
101
77
178
43.26%
43.90%
2019
168
135
303
44.55%
42.09%
2018
143
123
266
46.24%
39.60%
Product Liability: Claims Made
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
1
4
5
80.00%
68.07%
2022
0
7
7
100.00%
77.84%
Product Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
1
3
4
75.00%
62.55%
2022
1
4
5
80.00%
56.52%
2021
0
0
0
0.00%
62.74%
2020
0
0
0
0.00%
61.51%
2019
0
0
0
0.00%
70.02%
Workers' Compensation
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
662
278
940
29.57%
35.70%
2022
726
304
1,030
29.51%
37.14%
2021
177
55
232
23.71%
35.46%
2020
143
122
265
46.04%
33.86%
2019
143
27
170
15.88%
34.01%
2018
108
23
131
17.56%
32.34%