W. R. Berkley Corporation Reports First Quarter Results
W. R. Berkley Corporation (NYSE: WRB) reported robust financial results for the first quarter of 2021, showcasing significant growth across key metrics. Gross premiums written increased to $2,484,712, up from $2,231,372 in 2020. Net premiums written also saw a rise, reaching $2,050,038 compared to $1,845,846 last year. The company posted a net income of $229,525, a notable recovery from a loss of $4,418 in the previous year. Additionally, operating income rose to $201,780 from $132,623, reflecting a strong operational performance.
- Gross premiums written increased to $2,484,712 from $2,231,372.
- Net premiums written grew to $2,050,038 from $1,845,846.
- Net income rose to $229,525, recovering from a loss of $4,418.
- Operating income improved to $201,780 from $132,623.
- None.
W. R. Berkley Corporation (NYSE: WRB) today reported its first quarter 2021 results.
Summary Financial Data (Amounts in thousands, except per share data) |
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First Quarter |
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2021 |
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2020 |
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Gross premiums written |
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$ |
2,484,712 |
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$ |
2,231,372 |
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Net premiums written |
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2,050,038 |
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1,845,846 |
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Net income (loss) to common stockholders |
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229,525 |
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(4,418) |
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Net income (loss) per diluted share |
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1.23 |
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(0.02) |
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Operating income (1) |
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201,780 |
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132,623 |
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Operating income per diluted share |
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1.08 |
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0.69 |
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Return on equity (2) |
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FAQ
What were W. R. Berkley Corporation's first quarter 2021 results?
In Q1 2021, W. R. Berkley reported gross premiums written of $2,484,712 and net premiums written of $2,050,038, with a net income of $229,525.
How did W. R. Berkley Corporation's net income perform in Q1 2021?
W. R. Berkley's net income in Q1 2021 was $229,525, a significant increase from a loss of $4,418 in Q1 2020.
What was the operating income for W. R. Berkley Corporation in Q1 2021?
The operating income for W. R. Berkley in Q1 2021 rose to $201,780, compared to $132,623 in the same quarter of 2020.
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WRB Stock Data
21.77B
288.62M
24.27%
69.3%
1.23%
Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
United States of America
GREENWICH
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