WR Berkley Q1 UW profit up 32% to $309mn with lower cats and higher earned premiums

Published: Tue 23 Apr 2024
WR Berkley’s underwriting income grew by 32 percent in the first quarter to $309mn, driven by a 37 percent drop in cat losses to $31mn from $48mn and 11 percent growth in net earned premiums to $2.8bn.