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W.R. Berkley WRB Auto — Loss and loss expenses incurred, net of reinsurance

Other product segments

Other liability
$16.87B+608%
Short-tail lines
$8.95B+613%
Workers' compensation
$7.12B+777%
Professional liability
$4.79B+634%
Casualty
$4.01B+736%
Property
$1.84B+616%
Monoline excess
$760.79M+534%

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Other financials

Income statement

See full
Revenue$3.7B+4.0%
Net income$515.2M+23.4%
EPS (diluted)$1.31+26.0%

Balance sheet

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Cash & equivalents$2.3B+32.6%
Total debt$255.7M+14.7%
Total equity$9.7B+9.3%
Total assets$44.3B+7.2%

Cash flow

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Operating cash flow$667.9M-10.2%

Valuation

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Market cap$26.26B-2.2%
Enterprise value$24.23B-3.5%
P/E14×-1.3×
P/S1.8×-0.1×

Profitability

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Net margin12.6%+0.2pp
FCF margin13.7%

Returns & leverage

See full
Return on equity20.1%-0.6pp
Debt / equity0.0×

Where this comes from

Reported directly by W.R. Berkley in its filing.

Tagged under the XBRL concept us-gaap:ShortdurationInsuranceContractsIncurredClaimsAndAllocatedClaimAdjustmentExpenseNet.

The official record: W.R. Berkley’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is W.R. Berkley's auto — loss and loss expenses incurred, net of reinsurance?
W.R. Berkley (WRB) reported auto — loss and loss expenses incurred, net of reinsurance of $6.87B in Q4 2025.
How has W.R. Berkley's auto — loss and loss expenses incurred, net of reinsurance changed year-over-year?
W.R. Berkley's auto — loss and loss expenses incurred, net of reinsurance increased by 546.3% year-over-year, from $1.06B to $6.87B.
What does auto — loss and loss expenses incurred, net of reinsurance mean?
The total cost of claims and associated adjustment expenses for the commercial auto segment, net of any recoveries from reinsurance agreements. This includes both paid losses and changes in reserves for future payments on claims occurring within the period.