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W.R. Berkley's Q3 Earnings Surpass Estimates, Revenues Miss
W. R. BerkleyW. R. Berkley(US:WRB) ZACKS·2024-10-22 17:20

W.R. Berkley Corporation’s (WRB) third-quarter 2024 operating income of 93 cents per share beat the Zacks Consensus Estimate by 1.1%. The bottom line improved 3.3% year over year.The insurer benefited from continued strong underwriting and investment income.Behind the HeadlinesW.R. Berkley’s net premiums written were a record $3.1 billion, up 7.3% year over year. Our estimate was also $3.1 billion.Operating revenues came in at $3.4 billion, up 10.9% year over year, on the back of higher net premiums earned ...