Back to mobile site

W.R. Berkley (WRB) Tops Q2 EPS by 23c

July 22, 2021 4:12 PM EDT

W.R. Berkley (NYSE: WRB) reported Q2 EPS of $1.17, $0.23 better than the analyst estimate of $0.94.

Second quarter highlights included:

  • Net premiums written increased 27.2%.
  • The reported combined ratio was 89.7%. The current accident year combined ratio before catastrophe losses of 2.2 loss ratio points was 87.5%.
  • Return on equity of 15.0%.
  • Record quarterly underwriting income of $202.2 million.
  • Average rate increases excluding workers' compensation were approximately 9.7%.
  • Net investment income increased 96.9% to $168.2 million.
  • Total capital returned to shareholders was $112 million, consisting of $89 million of special dividends and $23 million of regular dividends.

For earnings history and earnings-related data on W.R. Berkley (WRB) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings

Related Entities

Earnings