Operating

Unpaid losses and loss expenses

W.R. Berkley Unpaid losses and loss expenses decreased by 12.2% to $390.62M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 28.2%, from $544.20M to $390.62M. Over 4 years (FY 2021 to FY 2025), Unpaid losses and loss expenses shows relatively stable performance with a 1.9% CAGR.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 1, 2026

How to read this metric

An increase suggests higher expected future claims, while a decrease may indicate favorable claims experience or reserve releases.

Detailed definition

This represents the change in the estimated liability for insurance claims that have been incurred but not yet paid. It...

Peer comparison

Core metric for all insurance peers; directly tied to underwriting performance and actuarial assumptions.

Metric ID: operating_increase_decrease_in_liability_for_claims_and__8d2ae9

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$402.15M$459.14M$471.18M$316.07M$472.15M$437.47M$458.58M$424.15M$490.02M$374.81M$426.10M$393.18M$459.35M$550.10M$305.10M$544.20M$523.41M$254.19M$445.07M$390.62M
QoQ Change+14.2%+2.6%-32.9%+49.4%-7.3%+4.8%-7.5%+15.5%-23.5%+13.7%-7.7%+16.8%+19.8%-44.5%+78.4%-3.8%-51.4%+75.1%-12.2%
YoY Change+17.4%-4.7%-2.7%+34.2%+3.8%-14.3%-7.1%-7.3%-6.3%+46.8%-28.4%+38.4%+13.9%-53.8%+45.9%-28.2%
Range$254.19M$550.10M
CAGR-0.6%
Avg YoY Growth+3.0%
Median YoY Growth-3.7%

Frequently Asked Questions

What is W.R. Berkley's unpaid losses and loss expenses?
W.R. Berkley (WRB) reported unpaid losses and loss expenses of $390.62M in Q1 2026.
How has W.R. Berkley's unpaid losses and loss expenses changed year-over-year?
W.R. Berkley's unpaid losses and loss expenses decreased by 28.2% year-over-year, from $544.20M to $390.62M.
What is the long-term trend for W.R. Berkley's unpaid losses and loss expenses?
Over 4 years (2021 to 2025), W.R. Berkley's unpaid losses and loss expenses has grown at a 1.9% compound annual growth rate (CAGR), from $1.64B to $1.77B.
What does unpaid losses and loss expenses mean?
The change in the amount of money the company expects to pay out for insurance claims.