secwatch.observer — SEC 8-K summary
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Issuer:     BERKLEY W R CORP (WRB)
CIK:        0000011544
Form:       8-K
Filed at:   2023-01-26T23:59:59+00:00
Accession:  0000011544-23-000002
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

W.R. Berkley Q4 net income up 29.8% to $382M; record FY net income $1.4B
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- Q4 diluted EPS $1.37 vs $1.06 YoY; operating EPS $1.16. Return on equity 23.0%.
- Q4 combined ratio 88.4% (cat loss $30.8M); accident-year combined ratio before cats 87.2%.
- Full-year gross premiums $11.9B (+11.3%); net premiums $10.0B (+12.9%), both records.
- Record full-year pre-tax underwriting income $1.0B; net investment income $779.2M, up 16%.
- Book value per share grew 6.1% before dividends/buybacks; operating cash flow ~$2.6B, +17.6%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/11544/000001154423000002/0000011544-23-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/11544/000001154423000002/wrb-20230126.htm
  HTML page:      https://secwatch.observer/filing/0000011544-23-000002

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