Every material Form 8-K W. R. Berkley filed with the SEC in 2024, 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 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
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every W. R. Berkley filing is on SEC EDGAR ↗. 8-K briefs of other companies →