- W R Berkley Corp’s 3Q revenue was $3.03 billion, in line with estimates.
- The adjusted operating EPS stood at $1.35.
- The company reported a combined ratio of 90.2%, better than the estimated 91.7%.
- Net investment income was $270.9 million, surpassing the estimated $262.6 million.
- Net premiums written amounted to $2.85 billion, exceeding the estimated $2.6 billion.
- The company earned $2.64 billion in net premiums, higher than the estimated $2.44 billion.
- The loss ratio was 61.9%, slightly better than the estimated 62.8%.
- The expense ratio was reported at 28.3%, marginally lower than the estimated 28.4%.
- Catastrophe losses were $61.5 million, significantly lower than the estimated $82.6 million.
- The company’s stock had 11 buys, 4 holds, and 1 sell.
A look at Wr Berkley Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
W. R. Berkley Corporation is a leading insurance holding company that operates in various segments of the property casualty insurance business. According to the Smartkarma Smart Scores, the company has a good long-term outlook. It receives a 3 on Value, 1 on Dividend, 5 on Growth, 3 on Resilience, and 5 on Momentum. These scores indicate that the company is well-positioned to grow and provide value to shareholders while also being resilient in uncertain market conditions.
The company has a strong focus on growth, which is reflected in its 5 score for Growth. It is also well-positioned to take advantage of market opportunities, as indicated by its 5 score for Momentum. This means that W. R. Berkley Corporation is likely to remain a strong performer in the long-term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
