v3.26.1
Unpaid Losses And Loss Adjustment Expenses (Reconciliation Of Consolidated Reserves For Losses And Loss Adjustment Expenses) (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]    
Gross reserves for losses and loss adjustment expenses, beginning of year $ 30,857,453 $ 26,633,094
Reinsurance recoverable on unpaid losses, beginning of year 14,150,484 11,120,367
Net reserves for losses and loss adjustment expenses, beginning of year 16,706,969 15,512,727
Effect of foreign currency rate changes on beginning of year balance (36,908) 183,407
Adjusted net reserves for losses and loss adjustment expenses, beginning of year 16,670,061 15,696,134
Incurred losses and loss adjustment expenses, current accident year 2,624,389 2,771,538
Incurred losses and loss adjustment expenses, prior accident years (270,421) (228,839)
Total incurred losses and loss adjustment expenses 2,353,968 2,542,699
Payments, current accident year 221,989 211,521
Payments, prior accident years 2,097,600 1,856,906
Total payments 2,319,589 2,068,427
Effect of foreign currency rate changes on current year activity (1,579) 824
Retroactive reinsurance transaction with Hagerty Re, net losses and loss adjustment expenses (62,202) 0
Net reserves for losses and loss adjustment expenses of Markel CATCo Re 0 (2,005)
Net reserves for losses and loss adjustment expenses, end of period 16,846,005 16,169,225
Reinsurance Recoverables, Incurred but Not Reported Claims 15,326,611 12,346,166
Gross reserves for losses and loss adjustment expenses, end of period 32,172,616 28,515,391
Program Services Fronting    
Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]    
Provision for expected credit losses within fronting operations (see note 7) $ 205,346 $ 0