W.R. Berkley logo

W.R. Berkley

WRBNYSEStock Fundamentals

W.R. Berkley Corporation is a leading insurance holding company that operates as one of the largest commercial lines writers in the United States with a significant global presence. The company utilizes a decentralized business model across dozens of specialized units to provide niche property and casualty insurance and reinsurance solutions. Its core value proposition centers on local expertise and specialized knowledge in underwriting complex risks while maintaining centralized capital and risk management.

Market Cap$25.6B
Revenue TTM$14.9B
Net Income TTM$1.9B
P/E Ratio13.64
Net Margin12.64%
EPS TTM$4.72
Employees8.2K
CEOWilliam Robert Berkley Jr.
CountryUnited States of America
Financial Services
Insurance - Property & Casualty
SegmentsProperty & Casualty Insurance, Reinsurance
Business ModelsUnderwriting, B2B Services, Risk Management
Most Recent EarningsApr 21, 2026 · 29 days agoQ1 2026
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Next EarningsJul 20, 2026 · in 2 monthsAfter Market Close · Q2 2026

Financials

Based on Q1 2026 filing

ROE20.13%
D/E2.63%
Total Debt$255.7M
Cash$2.3B

Net Income

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Operating Cash Flow

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EPS (Diluted)

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Business Segments

Insurance

primary

This segment focuses on underwriting predominantly commercial insurance, including excess and surplus lines, admitted lines, and specialty personal lines. It operates through a decentralized structure of individual businesses that serve specific industries, product types, or geographic regions.

Products

Excess & Surplus Lines, Workers' Compensation, Professional Liability, Commercial Auto, Inland Marine, Accident and Health, Fidelity and Surety, Cyber Risk Solutions, Berkley One

Customers

Small-to-midsized businesses, Fortune 500 companies, High net worth individuals, Governmental and scholastic entities, Nonprofit organizations

Reinsurance & Monoline Excess

major

This segment provides other insurance companies and self-insured entities with risk management assistance through treaty and facultative reinsurance. It also includes operations that retain risk solely on an excess basis and certain program management services.

Products

Treaty Reinsurance, Facultative Reinsurance, Monoline Excess Workers' Compensation, Casualty Facultative Reinsurance, Program Management

Customers

Insurance companies, Self-insured entities, Program administrators, Captive insurance companies

Segment Financials

Reinsurance & Monoline Excess — Policy Acquisition And Insurance Operating Expenses

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Insurance — Other Revenues

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Insurance — Assumed from Other Companies

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Reinsurance & Monoline Excess — Assumed from Other Companies

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Reinsurance & Monoline Excess — Ceded to Other Companies

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Reinsurance & Monoline Excess — Other Operating Costs and Expenses

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Business Overview

Competitive Position

A leading global commercial lines writer utilizing a highly decentralized 'niche' strategy to maintain underwriting profitability across specialized markets.

Geographies

United States, United Kingdom, Asia Pacific, Continental Europe, South America, Australia, Canada, Mexico, Scandinavia

Customer Segments

Commercial Enterprises, Public Sector, High Net Worth Individuals, Financial Institutions

Upstream Dependencies

Capital markets, Actuarial data providers, Third-party reinsurers, Technology and data analytics providers

Downstream Customers

Independent retail agents, Wholesale brokers, Managing General Agents (MGAs), Direct franchise markets, Primary insurance carriers

Competitors & Partners

Partners

A

A.M. Best Company, Inc.

Credit rating agency providing financial strength ratings for insurance subsidiaries

S&P Global logo

S&P Global

SPGI

Credit rating agency providing financial strength ratings

Moody's logo

Moody's

MCO

Credit rating agency providing financial strength ratings

F

Fitch Ratings

Credit rating agency providing financial strength ratings

L

Lloyd's of London

Global insurance marketplace and licensing partner

Subsidiaries

A

Admiral Insurance Company

Excess and surplus lines specialist

A

Acadia Insurance

Northeast regional property casualty underwriter

B

Berkley Accident and Health

Medical stop loss and special risk underwriter

M

Midwest Employers Casualty

Excess workers' compensation specialist

N

Nautilus Insurance Group

Excess and surplus lines for small to medium risks

B

Berkley Insurance Company

Primary insurance operating subsidiary

W.R. Berkley logo

W.R. Berkley FAQ

Common questions about W.R. Berkley

W.R. Berkley Corporation is a leading insurance holding company that operates as one of the largest commercial lines writers in the United States with a significant global presence. The company utilizes a decentralized business model across dozens of specialized units to provide niche property and casualty insurance and reinsurance solutions. Its core value proposition centers on local expertise and specialized knowledge in underwriting complex risks while maintaining centralized capital and risk management.

W.R. Berkley (WRB) has a market capitalization of $25.6B and trades on NYSE.

W.R. Berkley generated $14.9B in trailing twelve-month revenue with net income of $1.9B, representing a net margin of 12.6%. These figures are based on the Q1 2026 filing.

W.R. Berkley's key competitors include Markel Group Inc., The Travelers Companies, Chubb Limited, and others. These companies compete in similar markets and product categories.

W.R. Berkley has approximately 8,186 employees.