W. R. Berkley Corporation (NYSE:WRB) Q2 2024 Earnings Conference Call July 22, 2024 5:00 PM ET Company Participants Rob Berkley - President & Chief Executive Officer Rich Baio - Executive Vice President & Chief Financial Officer Bill Berkley - Executive Chairman Conference Call Participants Elyse Greenspan - Wells Fargo Rob Cox - Goldman Sachs Josh Shanker - Bank of America Michael Zaremski - BMO Capital markets Mark Hughes - Truist Securities Ryan Tunis - Autonomous Research Andrew Kligerman - TD Cowen Dav ...

Core Insights - W.R. Berkley reported a revenue of $3.37 billion for the quarter ended June 2024, marking a year-over-year increase of 14.8% and an EPS of $1.04, up from $0.76 a year ago, with both figures exceeding analyst expectations [3] Financial Performance - Revenue: $3.37 billion, a year-over-year increase of 14.8%, and a surprise of +2.26% over the Zacks Consensus Estimate of $3.3 billion [3] - EPS: $1.04, compared to the consensus estimate of $0.92, resulting in an EPS surprise of +13.04% [3] - Combined Ratio: 91.1%, slightly above the average estimate of 91% [4] - Expense Ratio: 28.5%, better than the average estimate of 29.1% [4] - Loss Ratio (Insurance Segment): 64%, compared to the average estimate of 62% [4] - Revenues from non-insurance businesses: $125.71 million, exceeding the average estimate of $122.91 million, with a year-over-year change of +10.4% [4] - Net premiums earned: $2.85 billion, above the average estimate of $2.83 billion, reflecting a year-over-year change of +11.5% [4] - Net investment income: $372.13 million, surpassing the average estimate of $331.12 million, with a year-over-year increase of +51.8% [4] - Net realized gains on investment sales: -$60.31 million, significantly below the average estimate of $19.65 million, representing a year-over-year change of -187.9% [4] - Insurance service fees: $27.60 million, exceeding the average estimate of $26.24 million, with a year-over-year change of +8.4% [4] - Net premiums earned (Reinsurance & Monoline Excess): $361.85 million, above the average estimate of $328.65 million, reflecting a year-over-year change of +18.1% [4] - Other income: $0.70 million, compared to the average estimate of $0.18 million [4] - Net premiums earned (Insurance): $2.48 billion, slightly above the average estimate of $2.47 billion, with a year-over-year change of +10.6% [4] Stock Performance - W.R. Berkley shares have returned -4% over the past month, while the Zacks S&P 500 composite has changed by +0.4% [2] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [2]

W. R. Berkley Corporation 475 Steamboat Road Greenwich, Connecticut 06830 (203) 629-3000 NEWS RELEASE FOR IMMEDIATE RELEASE CONTACT: Karen A. Horvath Vice President - External Financial Communications (203) 629-3000 W. R. Berkley Corporation Reports Second Quarter Results Return on Equity of 20.0% and Operating Return on Equity of 22.4%; Record Quarterly Net Investment Income of $372 Million Greenwich, CT, July 22 , 2024 - W. R. Berkley Corporation (NYSE: WRB) today reported its second quarter 2024 results. ...

W.R. Berkley (WRB) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hol ...

Shares of W.R. Berkley Corporation (WRB) have gained 33% in a year compared with the industry's growth of 21.1%. The Finance sector and the Zacks S&P 500 index have risen 19.5% and 26.1%, respectively, in the said time frame. With a market capitalization of $20 billion, the average volume of shares traded in the last three months was 1.75 million. The rally was largely driven by higher premiums, lower claims frequency in certain lines of business, growth in exposure, effective capital deployment and suffici ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. For the Transition Period from to . Commission File Number 1-15202 W. R. BERKLEY CORPORATION (Exact name of registrant as specified in its charter) Delaware 22-1867895 | Title | Trading Sy ...

W. R. Berkley Corporation (NYSE:WRB) Q1 2024 Earnings Conference Call April 23, 2024 9:00 AM ET Company Participants Rob Berkley - President and CEO Rich Baio - CFO Bill Berkley - Executive Chairman Conference Call Participants Mike Zaremski - BMO Josh Shanker - Bank of America David Motemaden - Evercore Elyse Greenspan - Wells Fargo Ryan Tunis - Autonomous Research Mark Hughes - Truist Brian Meredith - UBS Operator Good day and welcome to W. R. Berkley Corporation First Quarter 2024 Earnings Conference Cal ...

W. R. Berkley Corporation 475 Steamboat Road Greenwich, Connecticut 06830 (203) 629-3000 NEWS RELEASE FOR IMMEDIATE RELEASE CONTACT: Karen A. Horvath Vice President - External Financial Communications (203) 629-3000 W. R. Berkley Corporation Reports First Quarter Results Net Income Increased 50.4% to $442 Million and Operating Income Increased 53.4% to a Record $423 Million; Return on Equity of 23.7% and Operating Return on Equity of 22.7% Greenwich, CT, April 23, 2024 - W. R. Berkley Corporation (NYSE: WRB ...

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | 22-1867895 | | --- | | Delaware | (State or other jurisdiction of incorporation or organization) 475 Steamboat Road Greenwich, CT 06830 (Address of principal executive of ices) (Zip Code) Registrant's telep ...

W. R. Berkley Corporation (NYSE:WRB) Q4 2023 Earnings Conference Call January 24, 2024 5:00 PM ET Company Participants Rob Berkley - President and CEO Rich Baio - EVP and CFO Bill Berkley - Executive Chairman Conference Call Participants Elyse Greenspan - Wells Fargo Mark Hughes - Truist Mike Zaremski - BMO Capital Markets David Motemaden - Evercore ISI Ryan Tunis - Autonomous Research Meyer Shields - KBW Brian Meredith - UBS Josh Shanker - Bank of America Yaron Kinar - Jefferies Alex Scott - Goldman Sachs ...