W. R. Berkley Q4 2023 EPS rises to $1.47 from $1.37; net income $397.3 million
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.
Key points
- 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
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 24, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.