W. R. Berkley profit jumps 39% in Q3 2025
W. R. Berkley earned 511 million dollars in the three months that ended September 30 after posting a 39.8 percent gain from one year earlier. The specialty insurer collected 3.2 billion dollars in net premiums and raised rates an average of 7.6 percent across all lines except workers’ compensation. Investment returns added 351.2 million dollars as the portfolio grew 9.4 percent.
The combined ratio reached 90.9 percent after the company absorbed 78.5 million dollars in catastrophe losses. Book value per share climbed 5.8 percent before dividend payments and stock buybacks, while shareholder equity hit a record 9.8 billion dollars. Return on equity was 24.3 percent for the quarter, as underwriting discipline and a specialty market focus delivered consistent profits across business cycles.
