W. R. Berkley Q3 net income rises to $366 million; diluted EPS $0.91
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.
Key points
- 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.
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 October 21, 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.