secwatch.observer — SEC 8-K summary
======================================

Issuer:     BERKLEY W R CORP (WRB)
CIK:        0000011544
Form:       8-K
Filed at:   2024-01-24T23:59:59+00:00
Accession:  0000011544-24-000002
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 2023: ROE 23.6%, record underwriting income and net investment income
--------------------------------------------------------------------------------

- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/11544/000001154424000002/0000011544-24-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/11544/000001154424000002/wrb-20240124.htm
  HTML page:      https://secwatch.observer/filing/0000011544-24-000002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer