Insurance — Unfavorable reserve development net of premium offsets
W.R. Berkley Insurance — Unfavorable reserve development net of premium offsets decreased by 33.3% to $8.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 27.3%, from $11.00M to $8.00M. Over 3 years (FY 2022 to FY 2025), Insurance — Unfavorable reserve development net of premium offsets shows an upward trend with a 3.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests potential issues with underwriting quality or inadequate historical reserving practices.
Detailed definition
This represents the additional costs recognized in the current period due to the re-estimation of liabilities for claims...
Peer comparison
Commonly reported by property and casualty insurers as 'prior-year reserve development' or 'adverse development'.
wrb_segment_insurance_unfavorable_reserve_development_net_of_premium_offsetsHistorical Data
| 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 | -$10.00M | -$10.00M | -$10.00M | -$10.00M | $17.00M | $8.00M | $1.00M | $0.00 | $8.00M | -$3.00M | -$3.00M | $6.00M | $11.00M | $8.00M | $13.00M | $12.00M | $8.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +270.0% | -52.9% | -87.5% | -100.0% | — | -137.5% | +0.0% | +300.0% | +83.3% | -27.3% | +62.5% | -7.7% | -33.3% |
| YoY Change | — | — | — | — | +270.0% | +180.0% | +110.0% | +100.0% | -52.9% | -137.5% | -400.0% | — | +37.5% | +366.7% | +533.3% | +100.0% | -27.3% |
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Frequently Asked Questions
- What is W.R. Berkley's insurance — unfavorable reserve development net of premium offsets?
- W.R. Berkley (WRB) reported insurance — unfavorable reserve development net of premium offsets of $8.00M in Q1 2026.
- How has W.R. Berkley's insurance — unfavorable reserve development net of premium offsets changed year-over-year?
- W.R. Berkley's insurance — unfavorable reserve development net of premium offsets decreased by 27.3% year-over-year, from $11.00M to $8.00M.
- What is the long-term trend for W.R. Berkley's insurance — unfavorable reserve development net of premium offsets?
- Over 3 years (2022 to 2025), W.R. Berkley's insurance — unfavorable reserve development net of premium offsets has grown at a 3.2% compound annual growth rate (CAGR), from -$40.00M to $44.00M.
- What does insurance — unfavorable reserve development net of premium offsets mean?
- The additional cost recognized when past insurance claims turn out to be more expensive than originally estimated.