W.R. Berkley Reports Strong Q2 Earnings with Record Investment Income
W.R. Berkley reported a 21% increase in second-quarter operating earnings per diluted share to $1.27, alongside record pretax net investment income of $419 million and stockholders' equity exceeding $9.8 billion. The insurance segment saw growth with gross premiums written reaching $3.8 billion, though reinsurance faced weaker performance due to increased competition.
Topics: insurance investment_income reinsurance underwriting_growth