Discontinued — last reported Q4 '23
Products Liability — Earned Premiums
W.R. Berkley Products Liability — Earned Premiums remained flat by 0.0% to $273.46M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 9.0%, from $300.51M to $273.46M. Over 2 years (FY 2021 to FY 2023), Products Liability — Earned Premiums shows an upward trend with a 8.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests growth in the company's market share or pricing power within the products liability sector, while a decrease may indicate reduced underwriting appetite, competitive pressure, or a strategic shift in risk exposure.
Detailed definition
This metric represents the portion of premiums recognized as revenue for products liability insurance coverage during th...
Peer comparison
Peers in the commercial casualty and excess and surplus lines space report similar metrics under 'Net Premiums Earned' for specific liability segments, allowing for benchmarking of segment-specific growth trajectories.
wrb_segment_products_liability_earned_premiumsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $219.99M | $245.09M | $271.60M | $265.51M | $277.64M | $282.13M | $300.51M | $273.46M | $273.46M | $273.46M | $273.46M |
| QoQ Change | — | +11.4% | +10.8% | -2.2% | +4.6% | +1.6% | +6.5% | -9.0% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +26.2% | +15.1% | +10.6% | +3.0% | -1.5% | -3.1% | -9.0% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is W.R. Berkley's products liability — earned premiums?
- W.R. Berkley (WRB) reported products liability — earned premiums of $273.46M in Q4 2023.
- How has W.R. Berkley's products liability — earned premiums changed year-over-year?
- W.R. Berkley's products liability — earned premiums decreased by 9.0% year-over-year, from $300.51M to $273.46M.
- What is the long-term trend for W.R. Berkley's products liability — earned premiums?
- Over 2 years (2021 to 2023), W.R. Berkley's products liability — earned premiums has grown at a 8.6% compound annual growth rate (CAGR), from $926.81M to $1.09B.
- What does products liability — earned premiums mean?
- The total revenue recognized from products liability insurance policies during the period.