earnings
confidence high
sentiment positive
materiality 0.85
W. R. Berkley Q2 net income $401M ($1.00 EPS); record net premiums $3.4B; ROE 19.1%
BERKLEY W R CORP
2025-Q2 EPS reported
$2.05
revenue$7,218,207,000
- Net premiums written record $3.4B, up 7.2% YoY; gross premiums $3.98B.
- Combined ratio 91.6%; current accident year ratio before cats 88.4% with $99.2M cat losses.
- Record net investment income $379.3M; book value per share up 6.8% in quarter.
- Returned $223.8M to shareholders: $189.7M special dividends + $34.1M ordinary dividends.
- Record common equity $9.3B; average rate increases ex-workers' comp ~7.6%.