W. R. Berkley (WRB): Core Earnings Improve Despite Lower Net Profit

Why it is trending

Stronger insurance underwriting and investment income lifted operating earnings, while investment losses weighed on reported profit. Results highlight resilient core operations alongside slower premium growth and weaker reinsurance performance.

Sector

Financials — Property and casualty insurance.

Recent earnings

Third-quarter 2026 revenue slipped 0.8% year over year to $3.74 billion. Net income to common stockholders fell 12.7% to $446.0 million, with GAAP diluted EPS of $1.14 versus $1.28. Non-GAAP operating income increased 3.7% to $456.5 million, or $1.17 per diluted share versus $1.10.

Net premiums written rose 1.3% to $3.27 billion. Net investment income increased 9.2% to $383.5 million, while the combined ratio improved slightly to 90.8% from 90.9%.

ATA Ultimate Swing Algorithm V2 Review

TF1 Daily: BUY bias — small green dots.

TF2 Weekly: BUY bias — large green diamonds.

WE PREPARE FOR THE NEXT MOVE RATHER THAN PREDICT IT.

Monday October 19, 2026