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W.R. Berkley WRB Insurance — Unearned Premiums

Other segment segments

Reinsurance & Monoline Excess
$562.87M+4.5%

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Other financials

Income statement

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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

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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:SupplementaryInsuranceInformationUnearnedPremiums.

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 — unearned premiums?
W.R. Berkley (WRB) reported insurance — unearned premiums of $6.16B in Q4 2025.
How has W.R. Berkley's insurance — unearned premiums changed year-over-year?
W.R. Berkley's insurance — unearned premiums increased by 5.5% year-over-year, from $5.84B to $6.16B.
What does insurance — unearned premiums mean?
This liability represents the portion of premiums collected that relates to the unexpired period of insurance policies. It reflects the company's obligation to provide coverage for the remainder of the policy term.