earnings
confidence high
sentiment positive
materiality 0.75
W.R. Berkley Q1 net income up 23.4% to $515.2M; operating income record $514.3M
BERKLEY W R CORP
2026-Q1 EPS reported
$1.31
revenue$3,690,334,000
- Diluted EPS $1.31 net / $1.30 operating; annualized ROE of 21.2%.
- Net premiums written $3.17B (+1.3% YoY); gross premiums $3.79B (+2.8%).
- Net investment income record $404.3M, up 12.2% on higher assets and portfolio yields.
- Combined ratio 90.7% (accident year ex-cat 88.3%); average rate increase ex-WC +7.2%.
- Returned $336.1M to shareholders via $302.4M buybacks and $33.7M dividends.