Current Liabilities

Liability for Claims and Claims Adjustment Expense

W.R. Berkley Liability for Claims and Claims Adjustment Expense increased by 1.8% to $22.62B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.1%, from $20.92B to $22.62B. Over 5 years (FY 2020 to FY 2025), Liability for Claims and Claims Adjustment Expense shows an upward trend with a 10.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2024
Last reportedQ1 2026

How to read this metric

Rising levels may indicate an increase in claim frequency or severity, potentially impacting short-term liquidity.

Detailed definition

This liability represents the total estimated amount required to settle claims that have been reported to the insurer bu...

Peer comparison

Standard P&C insurance metric; peers with higher ratios relative to premiums may be experiencing adverse loss development.

Metric ID: current_liabilities_liability_for_claims_and_claims_adju_7e9431

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$14.48B$14.92B$15.39B$15.72B$16.15B$16.54B$17.01B$17.43B$17.92B$18.27B$18.74B$19.10B$19.57B$20.16B$20.37B$20.92B$21.50B$21.76B$22.21B$22.62B
QoQ Change+3.0%+3.2%+2.2%+2.7%+2.4%+2.8%+2.5%+2.8%+2.0%+2.6%+1.9%+2.4%+3.0%+1.1%+2.7%+2.7%+1.2%+2.1%+1.8%
YoY Change+11.5%+10.9%+10.5%+10.9%+11.0%+10.5%+10.2%+9.6%+9.2%+10.3%+8.7%+9.5%+9.9%+7.9%+9.0%+8.1%
Range$14.48B$22.62B
CAGR+9.8%
Avg YoY Growth+9.9%
Median YoY Growth+10.0%
Current Streak19+ quarters growth

Frequently Asked Questions

What is W.R. Berkley's liability for claims and claims adjustment expense?
W.R. Berkley (WRB) reported liability for claims and claims adjustment expense of $22.62B in Q1 2026.
How has W.R. Berkley's liability for claims and claims adjustment expense changed year-over-year?
W.R. Berkley's liability for claims and claims adjustment expense increased by 8.1% year-over-year, from $20.92B to $22.62B.
What is the long-term trend for W.R. Berkley's liability for claims and claims adjustment expense?
Over 5 years (2020 to 2025), W.R. Berkley's liability for claims and claims adjustment expense has grown at a 10.0% compound annual growth rate (CAGR), from $13.78B to $22.21B.
What does liability for claims and claims adjustment expense mean?
The total amount the company expects to pay for claims that have already been reported.