W. R. Berkley Corp. (WRB) reported first-quarter net income of $117 million, or $0.83 per share, compared to $135 million, or $0.94 per share, last year. Net premiums written rose to $1.38 billion from $1.20 billion last year. Total revenues were $1.51 billion, compared to $1.38 billion last year.
On average, 11 analysts polled by Thomson Reuters expected the company to report profit of $0.74 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $1.45 billion for the quarter.
The company said its business is showing continued signs of improvement. "The benefits of our improved pricing are slowly being reflected in our financial results. We see new opportunities created by the current underwriting environment as prices continue to increase faster than loss costs," William Berkley, chairman and chief executive officer, said.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.