STOCK TITAN

W. R. Berkley Corporation Reports First Quarter Results

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

W. R. Berkley Corporation (NYSE: WRB) today reported its first quarter 2021 results.

 

Summary Financial Data

(Amounts in thousands, except per share data)

 

 

First Quarter

 

 

2021

 

2020

 

 

 

 

 

Gross premiums written

 

$

2,484,712

 

$

2,231,372

Net premiums written

 

2,050,038

 

1,845,846

 

 

 

 

 

Net income (loss) to common stockholders

 

229,525

 

(4,418)

Net income (loss) per diluted share

 

1.23

 

(0.02)

 

 

 

 

 

Operating income (1)

 

201,780

 

132,623

Operating income per diluted share

 

1.08

 

0.69

 

 

 

 

 

Return on equity (2)

 

W. R. Berkley Corporation

NYSE:WRB

WRB Rankings

WRB Latest News

WRB Stock Data

20.48B
199.97M
24.81%
70.62%
1.58%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
Link
United States of America
GREENWICH

About WRB

w. r. berkley corporation, founded in 1967, is one of the nation’s premier commercial lines property casualty insurance providers. each of the operating units in the berkley group participates in a niche market requiring specialized knowledge about a territory or product. our competitive advantage lies in our long-term strategy of decentralized operations, allowing each of our units to identify and respond quickly and effectively to changing market conditions and local customer needs. this decentralized structure provides financial accountability and incentives to local management and enables us to attract and retain the highest caliber professionals. we have the expertise and resources to utilize our strengths in the present environment, and the flexibility to anticipate, innovate and respond to whatever opportunities and challenges the future may hold.