Quarterly ResultJul 20, 2026, 04:17 PM
W. R. Berkley Q2 Gross Premiums $4.1B, Net Inv. Income $418.7M, Op. ROE 20.5%
AI Summary
W. R. Berkley Corporation reported strong second-quarter 2026 results, with gross premiums written reaching a record $4.1 billion and net investment income hitting a record $418.7 million. The company achieved an operating return on equity of 20.5% and an improved GAAP combined ratio of 90.0%. Net income increased 12.7% to $452.3 million, and the company returned $334.1 million to shareholders through special dividends, share repurchases, and regular dividends.
Key Highlights
- Gross premiums written increased to a record $4.1 billion.
- Net investment income grew 10.4% to a record $418.7 million.
- Operating return on equity was 20.5%, up from 20.0% year-over-year.
- Net income increased 12.7% to $452.3 million, with diluted EPS of $1.15.
- GAAP combined ratio improved to 90.0% from 91.6% year-over-year.
- Total capital returned to shareholders was $334.1 million.
- Insurance segment gross premiums written grew 5.4%.
- Reinsurance & Monoline Excess GAAP combined ratio improved to 79.3%.
Price Impact
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