NYSE$WRB
W R Berkley Corporation · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Reported a strong second quarter with a return on equity of 20.0%, operating return on equity of 22.4%, and record net investment income.
W. R. Berkley Corporation reported a strong second quarter with a 20.0% annualized return on beginning of year common stockholders’ equity. Net investment income increased by 51.8%, and net premiums written grew by 11.2%. The combined ratio was 91.1%, inclusive of 3.2 loss ratio points of catastrophe losses.
- Return on equity and operating return on equity of 20.0% and 22.4%, respectively.
- Net investment income grew 51.8% to a record $372.1 million.
- Record net premiums written grew 11.2% to $3.1 billion.
- The current accident year combined ratio before catastrophe losses of 3.2 loss ratio points was 88.0%, and the reported combined ratio was 91.1%.
Headline financials
Revenue & EPS history
W. R. Berkley · Revenue · Quarterly
$3.31B
Revenue by segment
W. R. Berkley · $2.25B total across 2 segments · Q1 2022
- Insurance$1.96B—87.3%
- Reinsurance & Monoline Excess$286M—12.7%
Forward guidance
The Company expects to continue to deliver outstanding returns to its shareholders for the remainder of 2024 and beyond.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2024
+0.1%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+2.8%
Avg return
30 days after
57%
39 / 69 earnings
Positive
+8.4%
Q4 2023
Best reaction
-8.5%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.5% | +1.2% | +3.3% | |
| Q4 2025 | +0.4% | +2.5% | +7.0% | |
| Q3 2025 | +2.2% | +2.1% | +5.2% | |
| Q2 2025 | -1.1% | +1.5% | +3.2% | |
| Q1 2025 | +5.2% | +4.7% | +7.2% | |
| Q4 2024 | +3.2% | +2.3% | +6.7% | |
| Q3 2024 | -4.5% | -5.1% | -0.5% | |
| Q2 2024 | +1.3% | +4.9% | +11.8% | |
| Q1 2024 | -6.7% | -8.1% | -5.5% | |
| Q4 2023 | +8.4% | +5.7% | +11.1% | |
| Q3 2023 | +5.5% | +3.2% | +12.3% | |
| Q2 2023 | +1.6% | +0.2% | +2.2% | |
| Q1 2023 | -8.5% | -8.3% | -8.2% | |
| Q4 2022 | -3.1% | -1.8% | -7.1% | |
| Q3 2022 | -3.2% | +2.7% | +4.2% | |
| Q2 2022 | -1.6% | -0.2% | +6.2% | |
| Q1 2022 | -1.0% | -2.2% | +1.5% | |
| Q4 2021 | +2.8% | +4.2% | +10.7% | |
| Q3 2021 | +4.8% | +4.3% | +2.3% | |
| Q2 2021 | -2.2% | -2.9% | -0.2% | |
| Q1 2021 | -0.3% | +0.7% | -2.8% | |
| Q4 2020 | -6.7% | -5.9% | +5.6% | |
| Q3 2020 | +6.4% | +7.4% | +9.2% | |
| Q2 2020 | +0.8% | +0.9% | -5.1% | |
| Q1 2020 | -7.2% | -9.1% | +0.9% | |
| Q4 2019 | +1.6% | +2.7% | -2.2% | |
| Q3 2019 | +1.3% | -2.1% | -4.4% | |
| Q2 2019 | +3.1% | +5.7% | +9.3% | |
| Q1 2019 | +4.6% | +5.1% | +6.5% | |
| Q4 2018 | +2.6% | +3.5% | +11.4% | |
| Q3 2018 | -0.5% | +0.8% | +6.2% | |
| Q2 2018 | -0.5% | +1.0% | +4.0% | |
| Q1 2018 | +1.9% | +1.5% | +2.9% | |
| Q4 2017 | +1.8% | +2.3% | -5.3% | |
| Q3 2017 | +0.4% | -0.7% | -5.2% | |
| Q2 2017 | -3.0% | -3.2% | -6.0% | |
| Q1 2017 | +0.3% | -0.0% | -0.1% | |
| Q4 2016 | -0.3% | +0.8% | +5.5% | |
| Q3 2016 | +2.3% | +1.4% | +9.9% | |
| Q2 2016 | -0.4% | -1.3% | -1.0% | |
| Q1 2016 | +1.9% | — | — | |
| Q4 2015 | +0.5% | — | — | |
| Q3 2015 | +2.3% | — | — | |
| Q2 2015 | -2.8% | — | — | |
| Q1 2015 | +0.3% | — | — | |
| Q4 2014 | -2.4% | — | — | |
| Q3 2014 | +3.4% | — | — | |
| Q2 2014 | +0.5% | — | — | |
| Q1 2014 | +2.8% | — | — | |
| Q4 2013 | +0.7% | — | — | |
| Q3 2013 | -1.7% | — | — | |
| Q2 2013 | -3.5% | — | — | |
| Q1 2013 | -0.7% | — | — | |
| Q4 2012 | -1.0% | — | — | |
| Q3 2012 | +1.9% | — | — | |
| Q2 2012 | -2.1% | — | — | |
| Q1 2012 | +0.7% | — | — | |
| Q4 2011 | -0.7% | — | — | |
| Q3 2011 | +2.0% | — | — | |
| Q2 2011 | -7.5% | — | — | |
| Q1 2010 | +1.2% | — | — | |
| Q1 2011 | +3.1% | — | — | |
| Q4 2010 | -0.9% | — | — | |
| Q3 2010 | -3.2% | — | — | |
| Q3 2009 | -3.2% | — | — | |
| Q4 2009 | +0.6% | — | — | |
| Q2 2010 | +0.6% | — | — | |
| Q4 2008 | +0.6% | — | — | |
| Q2 2009 | +0.6% | — | — |
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