WR Berkley reports in-line Q3 earnings with no change in Covid-19 losses

WR Berkley Q3 results

WR Berkley reported cat-impacted Q3 operating profits of $121.1mn that were down 26 percent but broadly in-line with Wall Street forecasts on a per share basis as it highlighted average rate increases of 14.5 percent excluding workers comp and said its Covid-19 loss reserves were stable.

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