W.R. Berkley posted Q2 2026 net income to common stockholders of $452.26 million, up 12.7% from a year earlier; diluted EPS rose to $1.15.
Operating income climbed 18.2% to $497.15 million, while return on equity eased 0.5 percentage points to 18.6%.
Gross premiums written increased to a record $4.14 billion; net premiums written rose to $3.43 billion.
Reported combined ratio improved to 90.0% from 91.6%, while net investment income grew 10.4% to a record $418.71 million.
Management commentary and capital returns
CEO W. Robert Berkley, Jr. cited attractive opportunities in select liability lines and said capital returned totaled $334.1 million, including $185.5 million of special dividends.