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W.R. Berkley WRB Reinsurance & Monoline Excess — Policy Acquisition And Insurance Operating Expenses

Other segment segments

Insurance
$783.42M+6.5%

Similar metrics at other companies

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CINFExcess and Surplus Lines Insurance — Underwriting, acquisition and insurance expenses
$50M+13.6%
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HCIInsurance Operation — Other Policy Acquisition Expenses
$18.92M+3.2%
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AXSReinsurance — Other operating expenses
$12.53M-0.8%
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MKLUnderwriting, acquisition, and insurance expenses
$739.83M-1.0%
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AXSReinsurance — Acquisition costs
$80.49M+14.1%
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ACGLReinsurance — Other Operating Expenses
$117.25M+73.7%

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 wrb:PolicyAcquisitionAndInsuranceOperatingExpenses.

The official record: W.R. Berkley’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is W.R. Berkley's reinsurance & monoline excess — policy acquisition and insurance operating expenses?
W.R. Berkley (WRB) reported reinsurance & monoline excess — policy acquisition and insurance operating expenses of $105.77M in Q1 2026.
How has W.R. Berkley's reinsurance & monoline excess — policy acquisition and insurance operating expenses changed year-over-year?
W.R. Berkley's reinsurance & monoline excess — policy acquisition and insurance operating expenses increased by 3.1% year-over-year, from $102.59M to $105.77M.
What is the long-term trend for W.R. Berkley's reinsurance & monoline excess — policy acquisition and insurance operating expenses?
Over 3 years (2022 to 2025), W.R. Berkley's reinsurance & monoline excess — policy acquisition and insurance operating expenses has grown at a 2.8% compound annual growth rate (CAGR), from $405.25M to $439.8M.
What does reinsurance & monoline excess — policy acquisition and insurance operating expenses mean?
This includes the costs associated with acquiring new business, such as commissions, and the general administrative expenses required to operate the insurance segment. It measures the operational efficiency of the underwriting process.