Products & Services · Loss and loss expenses incurred, net of reinsurance

Casualty — Loss and loss expenses incurred, net of reinsurance

W.R. Berkley Casualty — Loss and loss expenses incurred, net of reinsurance increased by 5.4% to $4.01B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 5.4%, from $3.80B to $4.01B. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ4 2010
Last reportedQ4 2025

How to read this metric

Lower values relative to earned premiums indicate better underwriting profitability and risk selection.

Detailed definition

This metric measures the total costs associated with claims occurring in the casualty segment, including both paid losse...

Peer comparison

Commonly referred to as Incurred Losses, this is a core component of the Loss Ratio calculation for all P&C insurers.

Metric ID: wrb_segment_casualty_loss_and_loss_expenses_incurred_net_of_reinsurance

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$3.02B$3.15B$3.39B$3.80B$4.01B
QoQ Change+4.1%+7.8%+12.2%+5.4%
YoY Change+4.1%+7.8%+12.2%+5.4%
Range$3.02B$4.01B
CAGR+32.6%
Avg YoY Growth+7.4%
Median YoY Growth+6.6%
Current Streak4+ quarters growth

Frequently Asked Questions

What is W.R. Berkley's casualty — loss and loss expenses incurred, net of reinsurance?
W.R. Berkley (WRB) reported casualty — loss and loss expenses incurred, net of reinsurance of $4.01B in Q4 2025.
How has W.R. Berkley's casualty — loss and loss expenses incurred, net of reinsurance changed year-over-year?
W.R. Berkley's casualty — loss and loss expenses incurred, net of reinsurance increased by 5.4% year-over-year, from $3.80B to $4.01B.
What does casualty — loss and loss expenses incurred, net of reinsurance mean?
The total net cost of claims and related expenses for casualty insurance during the period.