Other

Reinsurance recoverable on unpaid losses and loss expenses

W.R. Berkley Reinsurance recoverable on unpaid losses and loss expenses increased by 3.6% to $3.27B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.8%, from $3.24B to $3.27B.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2020
Last reportedQ1 2026

How to read this metric

Higher levels indicate greater reliance on reinsurance, which reduces net risk but introduces counterparty credit risk.

Detailed definition

The portion of unpaid insurance claims and associated expenses that the insurer expects to recover from reinsurers. This...

Peer comparison

Standard for all major P&C insurers; peers report this as a primary asset on the balance sheet.

Metric ID: other_reinsurance_recoverable_for_unpaid_claims_and_clai_832d7a

Historical Data

15 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$2.32B$2.44B$2.54B$2.62B$2.69B$2.86B$2.95B$2.99B$3.09B$3.11B$3.16B$3.24B$3.28B$3.16B$3.27B
QoQ Change+5.3%+4.3%+3.2%+2.5%+6.3%+3.2%+1.2%+3.5%+0.4%+1.9%+2.5%+1.1%-3.7%+3.6%
YoY Change+13.3%+10.3%+12.4%+12.5%+11.1%+8.2%+5.2%+5.9%+4.8%+5.5%-0.3%+0.8%
Range$2.32B$3.28B
CAGR+10.3%
Avg YoY Growth+7.5%
Median YoY Growth+7.0%

Product Breakdown

View all
SegmentQ4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Other liability$693.80M$730.03M$951.77M$1.04B$1.16B
Professional liability$851.49M$1.02B$1.14B$1.15B$1.09B
Short-tail lines$426.00M$414.55M$379.62M$434.37M$429.94M
Workers' compensation$247.36M$221.77M$189.18M$175.24M$164.41M
Other$56.66M$97.51M$127.58M$121.01M$145.79M
Casualty$107.59M$108.39M$116.20M$104.93M$97.49M
Auto$42.99M$67.90M$81.33M$82.33M$65.75M
Property$76.32M$66.47M$53.55M$54.17M$60.61M
Monoline excess$40.31M$35.93M$40.47M$36.04M$41.13M
Total

Business Segments

View all
SegmentQ4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Reinsurance & Monoline Excess$224.23M$210.78M$210.21M$195.14M$199.23M
Total

Frequently Asked Questions

What is W.R. Berkley's reinsurance recoverable on unpaid losses and loss expenses?
W.R. Berkley (WRB) reported reinsurance recoverable on unpaid losses and loss expenses of $3.27B in Q1 2026.
How has W.R. Berkley's reinsurance recoverable on unpaid losses and loss expenses changed year-over-year?
W.R. Berkley's reinsurance recoverable on unpaid losses and loss expenses increased by 0.8% year-over-year, from $3.24B to $3.27B.
What does reinsurance recoverable on unpaid losses and loss expenses mean?
The amount the insurer expects to be reimbursed by reinsurers for claims that have not yet been paid.