Operating
W.R. Berkley·Cash Flow Statement·22 metrics
Breakdown
| Metric | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | $881.3M | $1.2B | $810M | $743.8M | $703.8M | $1.1B | $995.1M | $667.9M |
| Net income | $371.9M | $365.6M | $576.1M | $417.6M | $401.3M | $511M | $449.5M | $515.2M |
| Change in loss reserves | $459.3M | $550.1M | $305.1M | $544.2M | $523.4M | $254.2M | $445.1M | $390.6M |
| Unpaid losses and loss expenses | $459.3M | $550.1M | $305.1M | $544.2M | $523.4M | $254.2M | $445.1M | $390.6M |
| Change in other liabilities | $70.5M | $191M | $9.6M | -$297.9M | — | — | $205M | -$286.7M |
| Deferred income taxes | — | — | -$78.5M | -$135M | — | -$43.5M | — | -$77.3M |
| Increase (Decrease) in Deferred Income Taxes | — | — | -$78.5M | -$135M | — | -$43.5M | — | -$77.3M |
| Increase (Decrease) in Premiums Receivable | $264.5M | — | — | $43.8M | $318.5M | — | — | $48.7M |
| Change in unearned premiums | $337.5M | $147M | — | $113.1M | $309.5M | $88.1M | — | $47.9M |
| Unearned premiums | $337.5M | $147M | — | $113.1M | $309.5M | $88.1M | — | $47.9M |
| Distributions from equity method investments | — | $4.7M | -$12.4M | $27M | $27.3M | $5.4M | — | $39.5M |
| Income Loss From Equity Method Investments Net Of Dividends Or Distributions | — | $4.7M | -$12.4M | $27M | $27.3M | $5.4M | — | $39.5M |
| Gain (Loss) on Investments | $29.4M | $29.4M | $29.4M | $33.1M | $33.1M | $33.1M | $33.1M | -$15.8M |
| Net realized gains (losses) | -$58.5M | -$8.1M | — | $16.4M | $31M | $79M | — | -$15.8M |
| Depreciation and amortization | -$64.3M | -$11.9M | -$13.6M | -$9.8M | -$14M | -$9.1M | -$15.3M | -$15.5M |
| Increase (Decrease) in Reinsurance Recoverable | -$71K | -$3.5M | $117M | $43M | $90.8M | — | $77.5M | -$15.2M |
| Stock-based compensation | $13.9M | $13.5M | $14.1M | $12.4M | $15.1M | $13.1M | $13.9M | $13.2M |
| Change in deferred policy acquisition costs | $49.5M | $16.6M | $0 | $26.8M | $38.7M | $13.3M | — | $10.4M |
| Increase (Decrease) in Deferred Policy Acquisition Costs | $49.5M | $16.6M | $0 | $26.8M | $38.7M | $13.3M | — | $10.4M |
| Change in trading and equity securities | -$65.8M | — | -$86M | $13.5M | $19.4M | $6.6M | $17.4M | $7M |
| Change in income taxes payable/receivable | -$7.1M | -$7.1M | -$7.1M | $16M | $16M | $16M | $16M | — |
| Net gains (losses) on investments | $29.4M | $29.4M | $29.4M | $33.1M | $33.1M | $33.1M | $33.1M | — |