---
schema_version: "secwatch.filing_event.v1"
accession: "0000011544-23-000016"
form_type: "8-K"
ticker: "WRB"
cik: "0000011544"
company_name: "BERKLEY W R CORP"
filed_at: "2023-07-20T23:59:59+00:00"
generated_at: "2026-06-13T05:23:55.704212+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# W. R. Berkley Q2 net income doubles to $356M; ROE 21.1%

## Summary
- Net income $356.3M ($1.30 diluted EPS) vs $179.3M ($0.64) YoY; operating income $310.9M ($1.14).
- Record net investment income $245.2M, up 42.9% YoY; core portfolio yield increased 71.6%.
- Gross premiums written $3.34B (+9.3%); net premiums written $2.81B (+8.7%); combined ratio 89.6%.
- Returned $320.8M to shareholders: $292.5M in share repurchases and $28.3M in dividends.
- Average rate increase ex-workers' comp ~8.2%; current accident year combined ratio before catastrophes 87.6%.

## SEC filing metadata
- accession: 0000011544-23-000016
- form_type: 8-K
- ticker: WRB
- cik: 0000011544
- company_name: BERKLEY W R CORP
- filed_at: 2023-07-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/11544/000001154423000016/0000011544-23-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/11544/000001154423000016/wrb-20230720.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000011544-23-000016
- JSON: https://secwatch.observer/filing/0000011544-23-000016.json
- Plain text: https://secwatch.observer/filing/0000011544-23-000016.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.