---
schema_version: "secwatch.filing_event.v1"
accession: "0000011544-23-000021"
form_type: "8-K"
ticker: "WRB"
cik: "0000011544"
company_name: "BERKLEY W R CORP"
filed_at: "2023-10-23T23:59:59+00:00"
generated_at: "2026-06-09T16:19:11.435266+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# W.R. Berkley Q3 net income up 45.7% to $334M; operating ROE 21.7%

## Summary
- Net income $333.6M ($1.23 diluted EPS), up 45.7% YoY; operating EPS $1.35 vs $1.01.
- Record quarterly net investment income $270.9M, up 59.3% from core portfolio.
- Underwriting income $258.7M (+34.7%); combined ratio 90.2% (incl. $61.5M catastrophe losses).
- Net premiums written $2.85B, +10.5%; rate increases ex-workers' comp ~8.5%.
- Returned $160.3M to shareholders ($129M special dividends, $28.4M regular, $2.9M buybacks).

## SEC filing metadata
- accession: 0000011544-23-000021
- form_type: 8-K
- ticker: WRB
- cik: 0000011544
- company_name: BERKLEY W R CORP
- filed_at: 2023-10-23T23:59:59+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/11544/000001154423000021/0000011544-23-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/11544/000001154423000021/wrb-20231023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000011544-23-000021
- JSON: https://secwatch.observer/filing/0000011544-23-000021.json
- Plain text: https://secwatch.observer/filing/0000011544-23-000021.txt

## Key facts
- Earnings Releases
  BERKLEY W R CORP reported financial results for third quarter of 2023.
  - Period: third quarter of 2023
  - Result: reported results
  source text: Reference is made to the press release of W. R. Berkley Corporation (the “Company”) relating to the announcement of the Company’s results of operations for the third quarter of 2023. The press release was issued on October 23, 2023. A copy of the press release is attached to this Form 8-K as Exhibit 99.1 and is incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/11544/000001154423000021/0000011544-23-000021-index.htm

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