Every material Form 8-K W. R. Berkley has filed with the SEC since July 20, 2023, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
W. R. Berkley reported third quarter 2026 results on October 19, 2026. GAAP net income to common stockholders fell to $446.0 million, or $1.14 per diluted share, from $511.0 million, or $1.28, a year earlier, while operating income, a non-GAAP measure, rose to $456.5 million, or $1.17 per share. The filing gives no new full-year guidance, so shareholders see mixed signals on reported versus underlying profit.
Net income to common stockholders was $446.0 million, or $1.14 per diluted share, versus $511.0 million, or $1.28, in the third quarter of 2025.
Operating income rose to $456.5 million, or $1.17 per diluted share, from $440.2 million, or $1.10, a year earlier.
Pre-tax underwriting income for the Insurance segment grew 10.6% to $237.7 million, and the reported combined ratio was 90.8%.
Net investment income rose to $383.5 million from $351.2 million; the company repurchased $21.1 million of shares in the quarter and returned $728.6 million to shareholders year to date.
W. R. Berkley reported second quarter 2026 results on July 20, 2026. Net income to common stockholders rose to $452.3 million, or $1.15 per diluted share, from $401.3 million, or $1.00, a year earlier, and operating income rose 18.2% to $497.1 million.
Net income to common stockholders was $452.3 million versus $401.3 million in Q2 2025, up 12.7%.
Diluted EPS was $1.15 versus $1.00; operating income per diluted share was $1.27 versus $1.05.
GAAP combined ratio improved to 90.0% from 91.6%; gross premiums written reached a record $4.1 billion.
Total capital returned to shareholders in the quarter was $334.1 million, including $185.5 million of special dividends.
W. R. Berkley said Executive Vice President Lucille Sgaglione will resign as an executive officer effective June 30, 2026. She will continue part-time as Senior Advisor, with compensation to be adjusted for the new role. Her outstanding long-term incentive awards will be handled under their existing award agreements.
Lucille Sgaglione resigns as Executive Vice President effective June 30, 2026
She will continue to serve part-time as Senior Advisor
Compensation to be adjusted for the advisory role; long-term incentive awards follow existing agreements
W. R. Berkley Corporation entered into a First Amendment to its credit agreement on June 9, 2026. The amendment extends the maturity of the revolving credit facility from April 1, 2027 to June 9, 2031, giving the company longer-term access to this borrowing capacity.
Amendment dated June 9, 2026 to the Credit Agreement originally dated April 1, 2022
Revolving credit facility maturity extended from April 1, 2027 to June 9, 2031
Bank of America, N.A. serves as Administrative Agent; filing lists M&T Bank, JPMorgan Chase Bank, N.A. and Morgan Stanley Senior Funding, Inc. as Syndication Agents
The filing does not state the facility size or pricing changes
W. R. Berkley reported first quarter 2026 net income to common stockholders of $515.2 million, up from $417.6 million a year earlier, and diluted EPS of $1.31 versus $1.04. Operating income reached a record $514.3 million and annualized return on equity was 21.2%. The company repurchased 4,471,634 shares for $302 million and says it remains confident in exceeding its 15% after-tax return on equity target.
Net income to common stockholders was $515.2 million, up 23.4% from $417.6 million; diluted EPS was $1.31 compared with $1.04.
Operating income was a record $514.3 million; the reported combined ratio was 90.7%, compared with 90.9% a year earlier.
Net investment income grew 12.2% to a record $404.3 million.
Total capital returned to shareholders was $336.1 million, including $302.4 million of share repurchases.
W. R. Berkley reported fourth-quarter 2025 results on January 26, 2026. GAAP net income to common stockholders was $449.5 million, or $1.13 per diluted share, down from $576.1 million, or $1.44 per share, a year earlier, mainly as net investment gains fell and the company recorded a foreign currency loss. Operating income, a non-GAAP measure, rose 9.5% to $449.6 million, and pre-tax underwriting income grew 14.9% to $338 million.
Q4 2025 net income to common stockholders: $449.5 million ($1.13 diluted EPS), versus $576.1 million ($1.44) in Q4 2024
Q4 2025 operating income: $449.6 million ($1.13 per diluted share), versus $410.4 million ($1.02) a year earlier
Q4 2025 combined ratio was 89.4%, compared with 90.2% in Q4 2024; full-year 2025 net income was $1.78 billion ($4.45 per diluted share)
Total capital returned to shareholders in Q4 2025 was $608.3 million, including $377.9 million of special dividends
W. R. Berkley reported third quarter 2025 net income to common stockholders of $511.0 million, or $1.28 per diluted share, up from $365.6 million, or $0.91, a year earlier. Operating income rose to $440.2 million, and the reported combined ratio was 90.9%, unchanged from the prior-year quarter, so shareholders saw higher profit with steady underwriting results.
Net income $511.0 million ($1.28 per diluted share) vs. $365.6 million ($0.91) in Q3 2024
Operating income $440.2 million ($1.10 per diluted share) vs. $393.0 million ($0.98) in Q3 2024
Reported combined ratio 90.9%, the same as Q3 2024; current accident year catastrophe losses $78.5 million
Record common stockholders' equity of $9.8 billion; book value per share $25.79 at September 30, 2025
W. R. Berkley reported second quarter 2025 results on July 21, 2025, with net income to common stockholders of $401.3 million and diluted earnings of $1.00 per share, up from $371.9 million and $0.92 a year earlier. Net premiums written reached a record $3.4 billion, and the company said it returned $223.8 million to shareholders through dividends in the quarter.
Net income to common stockholders was $401.3 million, versus $371.9 million in the second quarter of 2024.
Operating income was $420.5 million, or $1.05 per diluted share, versus $1.02 a year earlier.
The consolidated GAAP combined ratio was 91.6%, compared with 91.1% in the second quarter of 2024; current accident year catastrophe losses were $99.2 million.
Total revenues were $3.67 billion, up from $3.31 billion a year earlier.
W. R. Berkley reported first-quarter 2025 net income to common stockholders of $417.6 million, or $1.04 per diluted share, down from $442.5 million, or $1.09 per diluted share, a year earlier. Total revenues rose to $3.55 billion from $3.26 billion, and net premiums written reached a record $3.1 billion, but the reported combined ratio worsened to 90.9% from 88.8%, partly due to $111.1 million of catastrophe losses.
Net income to common stockholders was $417.6 million versus $442.5 million in Q1 2024; diluted EPS was $1.04 versus $1.09.
Total revenues were $3.55 billion versus $3.26 billion in Q1 2024.
Reported combined ratio was 90.9% versus 88.8%, including $111.1 million of current accident year catastrophe losses.
Net premiums written grew 10% to a record $3.1 billion, and return on equity was 19.9%.
W. R. Berkley reported fourth-quarter 2024 net income of $576 million, up 45.0% from $397 million a year earlier, with diluted earnings per share of $1.44 versus $0.98. Operating income, which excludes after-tax investment gains and losses, rose 15.5% to a record $453 million, while the calendar-year combined ratio rose to 90.2% from 88.4%. The results were disclosed in an 8-K with a press release dated January 27, 2025.
Q4 2024 net income was $576 million, up 45.0%; diluted EPS was $1.44 versus $0.98.
Operating income rose 15.5% to a record $453 million; fourth-quarter return on equity was 30.9%.
Calendar-year combined ratio was 90.2%, compared with 88.4% in the fourth quarter of 2023.
Total capital returned to shareholders in the quarter was $287.8 million, including $190.0 million of special dividends.
W. R. Berkley reported third-quarter 2024 net income to common stockholders of $365.6 million, up from $333.6 million a year earlier, and diluted earnings per share of $0.91 versus $0.82. Total revenues rose to $3.4 billion from $3.0 billion, while the reported combined ratio widened to 90.9% from 90.2% and operating return on equity fell to 20.0% from 21.7%. Headline profit and per-share results improved for shareholders, though some underwriting and return measures moderated.
Net income to common stockholders was $365.6 million, compared with $333.6 million in Q3 2023.
Diluted EPS was $0.91 versus $0.82, adjusted for the 3-for-2 stock split effected July 10, 2024.
Reported combined ratio was 90.9% versus 90.2%; operating return on equity was 20.0% versus 21.7%.
Total capital returned to shareholders was $138.3 million, including $95.3 million of special dividends.
W. R. Berkley reported second quarter 2024 net income to common stockholders of $371.9 million, or $0.92 per diluted share, up from $356.3 million, or $0.87, a year earlier. Operating income per diluted share rose to $1.04 from $0.76, and total revenues increased to $3.31 billion from $2.99 billion. Per-share figures are adjusted for the 3-for-2 stock split effective July 10, 2024.
Net income to common stockholders was $371.9 million, or $0.92 per diluted share, versus $356.3 million, or $0.87, in the second quarter of 2023.
Operating income per diluted share was $1.04, up from $0.76; total revenues were $3.31 billion versus $2.99 billion.
The consolidated GAAP combined ratio was 91.1%, compared with 89.6% a year earlier.
The company returned $381.3 million to shareholders in the quarter, including $223.8 million of share repurchases.
W. R. Berkley reported first-quarter 2024 results, with net income to common stockholders up 50.4% to $442 million and diluted earnings per share of $1.64, compared with $1.06 a year earlier. Net premiums written grew 10.7% and the reported combined ratio improved to 88.8% from 90.6%, which points to stronger underwriting profit for shareholders.
Net income to common stockholders rose 50.4% to $442 million; operating income rose 53.4% to $423 million.
Diluted EPS was $1.64, up from $1.06; return on equity was 23.7% on an annualized basis.
Net premiums written grew 10.7% to $2.9 billion; reported combined ratio was 88.8% versus 90.6%.
The company did not repurchase any shares in the first quarter of 2024.
W. R. Berkley reported fourth-quarter 2023 net income to common stockholders of $397.3 million, or $1.47 per diluted share, up from $382.2 million, or $1.37 per diluted share, a year earlier. The company cited record pre-tax underwriting income of $315.9 million and a 23.6% return on equity, and said book value per share grew 11.6% before dividends and buybacks. For full-year 2023, diluted EPS rose to $5.05 from $4.94, while net income was roughly flat at $1.38 billion.
Q4 2023 net income to common stockholders: $397.3 million, versus $382.2 million in Q4 2022
Q4 2023 diluted EPS: $1.47, versus $1.37; full-year diluted EPS: $5.05, versus $4.94
Record Q4 pre-tax underwriting income of $315.9 million, up 8.2%
Book value per share was $29.06 at December 31, 2023, versus $25.51 a year earlier
W. R. Berkley reported third quarter 2023 results in a press release furnished under Item 2.02 of this Form 8-K, dated October 23, 2023. Net income to common stockholders rose 45.7% to $333.6 million, or $1.23 per diluted share, from $228.9 million, or $0.82 per diluted share, a year earlier. The gains came from higher net premiums written and record net investment income, which matter to shareholders because they show higher earnings per share and $160.3 million returned to shareholders in the quarter.
Net income to common stockholders was $333.6 million in Q3 2023, up from $228.9 million in Q3 2022.
Net premiums written grew 10.5% to $2.8 billion, and the reported combined ratio improved to 90.2% from 92.1%.
Net investment income reached a record $270.9 million, up from $202.8 million, driven by a 59.3% increase in the core portfolio.
Total capital returned to shareholders was $160.3 million, including $129.0 million of special dividends.
W. R. Berkley reported second-quarter 2023 net income to common stockholders of $356.3 million, or $1.30 per diluted share, up from $179.3 million, or $0.64 per diluted share, a year earlier. Operating income, which excludes investment gains and losses, was $310.9 million, or $1.14 per diluted share, compared with $313.4 million, or $1.12, in the second quarter of 2022. The filing does not include updated full-year guidance.
Net income to common stockholders was $356.3 million, versus $179.3 million in the second quarter of 2022.
Diluted earnings per share were $1.30, compared with $0.64 a year earlier; operating income per diluted share was $1.14, compared with $1.12.
Gross premiums written rose 9.3% to $3.3 billion, and net premiums written rose 8.7% to $2.8 billion.
The company returned $320.8 million to shareholders, including $292.5 million of share repurchases.
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