earnings
confidence high
sentiment positive
materiality 0.80
W.R. Berkley Q2 net premiums up 27.2%; ROE 15.0%; record underwriting income $202.2M
BERKLEY W R CORP
2021-Q2 EPS reported
$2.50
revenue$4,452,955,000
- Net premiums written $2.21B, up 27.2% YoY; combined ratio 89.7%.
- Record quarterly underwriting income of $202.2M; net income $237.2M ($1.27 diluted EPS).
- Net investment income up 96.9% to $168.2M; average rate increases ~9.7% ex-workers' comp.
- Returned $112M to shareholders: $89M special dividends + $23M regular dividends.