W.R. Berkley Net premiums earned decreased by 2.0% to $3.12B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.4%, from $3.01B to $3.12B. Over 4 years (FY 2021 to FY 2025), Net premiums earned shows an upward trend with a 11.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates growth in the insurance book of business, while a decrease may signal shrinking market share or increased reinsurance activity.
This represents the portion of insurance premiums that the company has recognized as revenue during the reporting period...
Standard across all insurance carriers; peers typically report this as the primary top-line revenue driver.
net_premiums_earned| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.97B | $2.08B | $2.20B | $2.25B | $2.36B | $2.44B | $2.51B | $2.49B | $2.55B | $2.64B | $2.71B | $2.76B | $2.85B | $2.93B | $3.01B | $3.01B | $3.10B | $3.16B | $3.18B | $3.12B |
| QoQ Change | — | +5.5% | +5.9% | +2.1% | +4.8% | +3.6% | +2.9% | -0.9% | +2.5% | +3.5% | +2.8% | +1.8% | +3.0% | +2.8% | +2.9% | +0.0% | +2.8% | +1.9% | +0.7% | -2.0% |
| YoY Change | — | — | — | — | +19.6% | +17.3% | +14.1% | +10.8% | +8.3% | +8.2% | +8.0% | +11.0% | +11.5% | +10.8% | +10.9% | +9.0% | +8.8% | +7.8% | +5.6% | +3.4% |
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Other liability | $1.00B | $1.03B | — | $1.07B | $1.10B | $1.12B | — | $1.10B |
| Short-tail lines | $538.80M | $563.74M | — | $596.11M | $619.99M | $636.75M | — | $652.52M |
| Auto | $361.58M | $376.76M | — | $389.95M | $405.63M | $408.21M | — | $413.49M |
| Workers' compensation | $310.56M | $313.15M | — | $311.03M | $318.88M | $318.28M | — | $313.74M |
| Professional liability | $271.64M | $279.75M | — | $272.69M | $279.95M | $287.17M | — | $287.89M |
| Casualty | $199.08M | $188.28M | — | $181.77M | $184.90M | $189.77M | — | $171.72M |
| Property | $97.26M | $108.39M | — | $120.84M | $113.14M | $119.27M | — | $101.85M |
| Monoline excess | $65.51M | $65.66M | — | $67.26M | $71.36M | $74.34M | — | $76.11M |
| Casualty Insurance Product Line | — | — | $192.83M | — | — | — | $185.42M | — |
| Shorttail Insurance Product Line | — | — | $550.42M | — | — | — | $624.12M | — |
| Total | $2.85B | $2.93B | $3.01B | $3.01B | $3.10B | $3.16B | $3.18B | $3.12B |
Casualty Insurance Product Line, Commercial automobile, Shorttail Insurance Product Line are derived from annual filings.
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Insurance | — | — | — | — | — | — | — | $2.77B |
| Reinsurance & Monoline Excess | $361.85M | $362.33M | $372.42M | $369.87M | $369.40M | $383.37M | $388.26M | $349.68M |
| Insurance Domestic | $2.48B | $2.56B | $2.64B | $2.64B | $2.73B | $2.77B | $2.79B | — |
| Net investment gains | $0.00 | $0.00 | — | — | — | — | — | — |
| Total | $2.85B | $2.93B | $3.01B | $3.01B | $3.10B | $3.16B | $3.18B | $3.12B |
Insurance Domestic, Net investment gains were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.