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Jun 30, 2024
W. R. Berkley Q2 2024 Earnings Report
Reported a strong second quarter with a return on equity of 20.0%, operating return on equity of 22.4%, and record net investment income.
Key Takeaways
W. R. Berkley Corporation reported a strong second quarter with a 20.0% annualized return on beginning of year common stockholders’ equity. Net investment income increased by 51.8%, and net premiums written grew by 11.2%. The combined ratio was 91.1%, inclusive of 3.2 loss ratio points of catastrophe losses.
Return on equity and operating return on equity of 20.0% and 22.4%, respectively.
Net investment income grew 51.8% to a record $372.1 million.
Record net premiums written grew 11.2% to $3.1 billion.
The current accident year combined ratio before catastrophe losses of 3.2 loss ratio points was 88.0%, and the reported combined ratio was 91.1%.
Revenue by Segment
Forward Guidance
The Company expects to continue to deliver outstanding returns to its shareholders for the remainder of 2024 and beyond.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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