WRB Stock Trading at a Premium to the Industry at 2.77X: Buy or Hold?

W. R. Berkley Corporation (WRB) shares are trading at a premium to the Zacks Property and Casualty Insurance industry. Its price-to-book value of 2.77X is higher than the industry average of 1.56X.WRB, one of the nation’s largest commercial lines property casualty insurance providers, has a market capitalization of $23.2 billion. The average volume of shares traded in the last three months was 1.8 million. Image Source: Zacks Investment ResearchOther insurers, such as Arch Capital Group (ACGL) , CNA Financi ...