secwatch.observer — SEC 8-K summary
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Issuer:     BERKLEY W R CORP (WRB)
CIK:        0000011544
Form:       8-K
Filed at:   2024-10-21T23:59:59+00:00
Accession:  0000011544-24-000026
Event type: earnings
Sentiment:  positive
Materiality: 0.78
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

W.R. Berkley Q3 net income rose to $366M; ROE 19.6%, operating ROE 20.0%
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- Q3 net income $366M ($0.91 diluted EPS), up from $334M ($0.82) a year ago.
- Net investment income $323.8M (+19.5% YoY); record operating cash flow $1.2B (+15.2%).
- Combined ratio 90.9% with 3.3 catastrophe-loss points; avg rate increase ~8.4% ex-workers comp.
- Book value per share grew 10.0% before dividends/buybacks; returned $138.3M to shareholders.
- 3-for-2 stock split effective July 10, 2024; per-share comparatives restated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/11544/000001154424000026/0000011544-24-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/11544/000001154424000026/wrb-20241021.htm
  HTML page:      https://secwatch.observer/filing/0000011544-24-000026

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