WR Berkley grows Q3 UW income 35% to $259mn as cat losses dip 35% to $62mn

WR Berkley’s underwriting income grew by 35 percent in the third quarter to $259mn, driven by a 35 percent reduction in catastrophe losses, which fell to $62mn in the quarter and helped improve the combined ratio by 1.9 points in the period to 90.2 percent.


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