W. R. Berkley Corporation reported exceptional results for the first quarter of 2022, driven by record underwriting results and strong investment income, including gains from investment sales. The company achieved a 35.5% return on equity and growth in book value per share.
Return on equity of 35.5%.
Record quarterly underwriting income and net income of $274.4 million and $590.6 million, respectively.
Net premiums written increased nearly 18% to a quarterly record of $2.4 billion.
The reported combined ratio was 87.8%, including catastrophe losses of $28.8 million.
The Company is performing exceptionally well and we continue to be optimistic about our opportunities going forward.
Visualization of income flow from segment revenue to net income