W. R. Berkley Q1 net income rises 50.4% to $442 million; diluted EPS $1.64
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.
Key points
- 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.
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 April 23, 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.