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W.R. Berkley WRB Insurance — Loss and Loss Expenses

Other segment segments

Reinsurance & Monoline Excess
$824.43M+3.2%

Similar metrics at other companies

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ACGLInsurance — Losses and loss adjustment expenses
$1.13B-8.3%
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SIGIInsurance Operations — Loss and loss expense incurred
$815.5M+9.3%
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HGTYInsurance — Losses and loss adjustment expenses, net
$97.92M+37.7%
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SIGIInvestments — Loss and loss expense incurred
$0
SiriusPoint logo
SPNTInsurance & Services — Loss and loss adjustment expenses incurred, net
$215.7M+2.8%
Employers Holdings logo
EIGInsurance Operations — Losses and loss adjustment expenses
$129.1M+7.0%

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:SupplementaryInsuranceInformationBenefitsClaimsLossesAndSettlementExpense.

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 insurance — loss and loss expenses?
W.R. Berkley (WRB) reported insurance — loss and loss expenses of $1.74B in Q4 2025.
How has W.R. Berkley's insurance — loss and loss expenses changed year-over-year?
W.R. Berkley's insurance — loss and loss expenses increased by 9.7% year-over-year, from $1.58B to $1.74B.
What is the long-term trend for W.R. Berkley's insurance — loss and loss expenses?
Over 4 years (2021 to 2025), W.R. Berkley's insurance — loss and loss expenses has grown at a 12.6% compound annual growth rate (CAGR), from $4.33B to $6.95B.
What does insurance — loss and loss expenses mean?
This metric captures the total costs associated with claims incurred during the period, including both paid claims and changes in reserves for unpaid claims. It is the primary expense component of the underwriting process.