| Products, Services and Other Revenues |
Products, Services, and Other Revenues The following tables present revenues from contracts with customers by type, all of which are included in products revenues and services and other revenues in the consolidated statements of income and comprehensive income (loss), along with a reconciliation to the total of products revenues and services and other revenues.
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Quarter Ended September 30, 2026 | | (dollars in thousands) | Markel Insurance | | Industrial | | Financial | | Consumer and Other | | Corporate | | Total | | Products | $ | — | | | $ | 478,881 | | | $ | — | | | $ | 180,048 | | | $ | — | | | $ | 658,929 | | | Services | 3,136 | | | 651,348 | | | 75 | | | 97,555 | | | — | | | 752,114 | | | Management fees | — | | | — | | | 42,198 | | | — | | | — | | | 42,198 | | | Total revenues from contracts with customers | 3,136 | | | 1,130,229 | | | 42,273 | | | 277,603 | | | — | | | 1,453,241 | | | Leasing revenues | — | | | 51,085 | | | — | | | 17,835 | | | — | | | 68,920 | | | Fronting fees | 12,539 | | | — | | | 40,966 | | | — | | | — | | | 53,505 | | | Equity method and other investments income | 6,997 | | | — | | | 2,726 | | | — | | | 21,603 | | | 31,326 | | | | | | | | | | | | | | | Other | (2,577) | | | 288 | | | — | | | 871 | | | 19,006 | | | 17,588 | | | Total products, services, and other revenues | $ | 20,095 | | | $ | 1,181,602 | | | $ | 85,965 | | | $ | 296,309 | | | $ | 40,609 | | | $ | 1,624,580 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Quarter Ended September 30, 2025 | | (dollars in thousands) | Markel Insurance | | Industrial | | Financial | | Consumer and Other | | Corporate | | Total | | Products | $ | — | | | $ | 417,986 | | | $ | — | | | $ | 181,628 | | | $ | — | | | $ | 599,614 | | | Services | 1,199 | | | 588,148 | | | 441 | | | 91,598 | | | — | | | 681,386 | | | Management fees | — | | | — | | | 30,340 | | | — | | | — | | | 30,340 | | | Total revenues from contracts with customers | 1,199 | | | 1,006,134 | | | 30,781 | | | 273,226 | | | — | | | 1,311,340 | | | Leasing revenues | — | | | 43,218 | | | — | | | 16,938 | | | — | | | 60,156 | | | Fronting fees | 29,026 | | | — | | | 41,047 | | | — | | | — | | | 70,073 | | | Equity method and other investments income | 12,373 | | | — | | | 1,528 | | | — | | | 21,021 | | | 34,922 | | | | | | | | | | | | | | | Other | 4,751 | | | 609 | | | — | | | 1,250 | | | — | | | 6,610 | | | Total products, services, and other revenues | $ | 47,349 | | | $ | 1,049,961 | | | $ | 73,356 | | | $ | 291,414 | | | $ | 21,021 | | | $ | 1,483,101 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, 2026 | | (dollars in thousands) | Markel Insurance | | Industrial | | Financial | | Consumer and Other | | Corporate | | Total | | Products | $ | — | | | $ | 1,282,831 | | | $ | — | | | $ | 792,096 | | | $ | — | | | $ | 2,074,927 | | | Services | 6,259 | | | 1,693,728 | | | 445 | | | 280,475 | | | — | | | 1,980,907 | | | Management fees | — | | | — | | | 121,410 | | | — | | | — | | | 121,410 | | | Total revenues from contracts with customers | 6,259 | | | 2,976,559 | | | 121,855 | | | 1,072,571 | | | — | | | 4,177,244 | | | Leasing revenues | — | | | 124,254 | | | — | | | 53,286 | | | — | | | 177,540 | | | Fronting fees | 27,058 | | | — | | | 124,592 | | | — | | | — | | | 151,650 | | Equity method and other investments income (loss) | 7,522 | | | — | | | (5,169) | | | — | | | 36,001 | | | 38,354 | | | | | | | | | | | | | | | Other | (7,687) | | | 1,915 | | | — | | | 2,923 | | | 19,006 | | | 16,157 | | | Total products, services, and other revenues | $ | 33,152 | | | $ | 3,102,728 | | | $ | 241,278 | | | $ | 1,128,780 | | | $ | 55,007 | | | $ | 4,560,945 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, 2025 | | (dollars in thousands) | Markel Insurance | | Industrial | | Financial | | Consumer and Other | | Corporate | | Total | | Products | $ | — | | | $ | 1,197,798 | | | $ | — | | | $ | 795,614 | | | $ | — | | | $ | 1,993,412 | | | Services | 4,748 | | | 1,578,137 | | | 1,160 | | | 258,732 | | | — | | | 1,842,777 | | | Management fees | — | | | — | | | 85,790 | | | — | | | — | | | 85,790 | | | Total revenues from contracts with customers | 4,748 | | | 2,775,935 | | | 86,950 | | | 1,054,346 | | | — | | | 3,921,979 | | | Leasing revenues | — | | | 117,788 | | | — | | | 50,916 | | | — | | | 168,704 | | | Fronting fees | 37,958 | | | — | | | 121,576 | | | — | | | — | | | 159,534 | | | Equity method and other investments income | 10,515 | | | 350 | | | 46,701 | | | — | | | 38,496 | | | 96,062 | | | | | | | | | | | | | | | Other | 5,031 | | | 1,177 | | | — | | | 3,164 | | | — | | | 9,372 | | | Total products, services, and other revenues | $ | 58,252 | | | $ | 2,895,250 | | | $ | 255,227 | | | $ | 1,108,426 | | | $ | 38,496 | | | $ | 4,355,651 | |
Receivables from contracts with customers, net of allowances for credit losses, were $782.3 million and $692.4 million as of September 30, 2026 and December 31, 2025, respectively.
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