W.R. Berkley (WRB) Gains 33% in a Year: What's Driving It?

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 ...