W.R. Berkley Q4 2023: ROE 23.6%, record underwriting income and net investment income

BERKLEY W R CORP

2023-FY EPS reported $5.05 revenue$12,142,938,000

Q4 net income per diluted share $1.47, operating income $1.45; full-year net $5.05, operating $4.92.
Q4 net premiums written $2.72B, up 12.0% YoY; combined ratio 88.4% including catastrophes.
Record Q4 net investment income $313.3M (+52.9% core); full-year record $1.1B (+35.1%).
Book value per share grew 11.6% in Q4, 25.5% for 2023, before dividends and buybacks.
$263.8M returned to shareholders in Q4 ($106.7M buybacks, $128.8M special dividend).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

BERKLEY W R CORP reported financial results for fourth quarter of 2023.

Period: fourth quarter of 2023
Result: reported results

Exact text from the filing

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 fourth quarter of 2023.

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BERKLEY W R CORP filing history →

Source: SEC EDGAR

accession 0000011544-24-000002

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