secwatch.observer — SEC 8-K summary
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Issuer:     BERKLEY W R CORP (WRB)
CIK:        0000011544
Form:       8-K
Filed at:   2022-01-27T23:59:59+00:00
Accession:  0000011544-22-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

W.R. Berkley Q4 net premiums written +26.6% YoY; full-year operating EPS $5.10, ROE 16.2%
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- Q4 net premiums written $2.275B (+26.6% YoY); net income $294.4M ($1.59 EPS) vs $312.2M prior year.
- Full-year net income $1.02B ($5.48 EPS) vs $530.7M ($2.81) in 2020; record underwriting income $845.3M.
- Q4 combined ratio 88.2% (cat losses $48.5M); current accident year combined ratio ex-cat 86.0%.
- Book value per share grew 12.5% before dividends and buybacks; operating cash flow $2.2B (+35.1%).
- Formed Berkley Management Protection and Berkley Small Business Solutions as new operating units.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/11544/000001154422000003/0000011544-22-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/11544/000001154422000003/wrb-20220127.htm
  HTML page:      https://secwatch.observer/filing/0000011544-22-000003

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