BERKLEY W R CORP

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.

W. R. Berkley Corporation announced that Lucille Sgaglione will resign from her position as Executive Vice President, effective June 30, 2026. Following her resignation, Ms. Sgaglione will continue to serve the company on a part-time basis as a Senior Advisor, with her compensation adjusted to reflect this new role. Her outstanding long-term incentive awards will be treated in accordance with their applicable agreements.

W. R. Berkley Corporation announced it has amended its Credit Agreement, extending the maturity date of its revolving credit facility. The First Amendment, effective June 9, 2026, pushes the maturity date from April 1, 2027, to June 9, 2031. This provides the company with continued access to its credit facility for an extended period.

W. R. Berkley Corporation announced the passing of its founder and Executive Chairman, William R. Berkley, at the age of 80. Mr. Berkley founded the company in 1967 and was instrumental in its growth into a leading commercial insurance organization. In connection with this, the Board of Directors has appointed W. Robert Berkley, Jr., the current President and Chief Executive Officer, as the new Chairman, effective immediately.

Berkley W R Corp reported a strong first quarter for 2026, with net income to common stockholders increasing by 23.4% to $515.2 million and basic earnings per share rising 24.8% to $1.31. The company also saw a 3.4% increase in net premiums earned, reaching $3.12 billion, and a 12.2% rise in net investment income to $404.3 million. Total assets grew to $44.32 billion, while significant share repurchases contributed to $339.1 million in cash used in financing activities.

W. R. Berkley Corporation announced its financial results for the first quarter of 2026. The company issued a press release on April 21, 2026, providing the details of its operations and financial condition for the period. This press release is attached as Exhibit 99.1 to the Form 8-K filing.