W. R. Berkley Corporation reported strong second quarter results with net premium growth of over 27%, a combined ratio of 89.7%, and an annualized return on equity of 15%. Rate increases outpaced loss costs, and the alternative investment portfolio delivered strong performance.
Net premiums written increased 27.2%.
The reported combined ratio was 89.7%.
Return on equity of 15.0%.
Record quarterly underwriting income of $202.2 million.
The combination of rate adequacy and an improving economy have created opportunities for profitable growth for the property casualty insurance market. The Company anticipates that these economic and market trends will continue to yield positive results for the foreseeable future.
Visualization of income flow from segment revenue to net income