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Equiscale · Syntellia LLC
W. R. Berkley Corporation, an insurance holding company, operates as a commercial line writer worldwide. The company operates through Insurance and Reinsurance & Monoline Excess segments. The Insurance segment underwrites commercial insurance business, including excess and surplus lines, admitted lines, and specialty personal lines. This segment also provides accident and health insurance and reinsurance products; insurance for commercial risks; casualty and specialty environmental products; insurance coverages for fine arts and jewelry exposures; excess liability and inland marine coverage for small to medium-sized insureds; and commercial general liability, umbrella, professional liability, directors and officers, commercial property, and surety products, as well as products for technology, and life sciences and travel industries. In addition, it offers cyber risk solutions; crime and fidelity insurance products; medical professional coverages; workers' compensation insurance products; management liability and general insurance products; personal lines insurance solutions, including home, condo/co-op, auto, fine arts and collectibles, liability, collector vehicle, and recreational marine; law enforcement, public officials and educator's legal, and employment practices liability, as well as incidental medical, property, and crime insurance products; at-risk and alternative risk insurance program management services; professional liability; energy and marine risks; and insurance products to the Lloyd's marketplace. The Reinsurance & Monoline Excess segment provides treaty and facultative reinsurance solutions; property and casualty reinsurance products; facultative reinsurance products include automatic, semi-automatic, and individual risk assumed reinsurance; and turnkey products, such as cyber, employment practices liability insurance, liquor liability insurance and violent events. The company was founded in 1967 and is headquartered in Greenwich, Connecticut.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $14.6B | - | $1.8B | $3.4B | 18.3% | 6.9% | 1.3% |
| 2024 | $13.7B | - | $1.8B | $3.6B | 20.9% | 13.0% | 27.1% |
| 2023 | $12.1B | - | $1.4B | $2.9B | 18.5% | 8.0% | 0.0% |
| 2022 | $11.2B | - | $1.4B | $2.5B | 20.5% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 11,217.43 | 12,111.14 | 13,691.13 | 14,639.85 |
| Operating Revenue | - | 11,217.43 | 12,111.14 | 13,691.13 | 14,639.85 |
| Total Expenses | - | 9,497.75 | 10,356.74 | 11,426.64 | 12,359.31 |
| EBIT | - | 1,850.06 | 1,881.86 | 2,391.40 | 2,407.44 |
| Interest Expense | - | 130.37 | 127.46 | 126.91 | 126.89 |
| Net Interest Income | - | -130.37 | -127.46 | -126.91 | -126.89 |
| Other Income Expense | - | 512.94 | 535.89 | 530.46 | 581.12 |
| Interest Expense Non Operating | - | 130.37 | 127.46 | 126.91 | 126.89 |
| Net Non Operating Interest Income Expense | - | -130.37 | -127.46 | -126.91 | -126.89 |
| Pretax Income | - | 1,719.68 | 1,754.40 | 2,264.49 | 2,280.54 |
| Tax Provision | - | 334.73 | 370.56 | 509.92 | 495.76 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 1,384.95 | 1,383.85 | 1,754.58 | 1,784.78 |
| Net Income From Continuing And Discontinued Operation | - | 1,381.06 | 1,381.36 | 1,756.12 | 1,779.40 |
| Net Income From Continuing Operation Net Minority Interest | - | 1,381.06 | 1,381.36 | 1,756.12 | 1,779.40 |
| Net Income | - | 1,381.06 | 1,381.36 | 1,756.12 | 1,779.40 |
| Net Income Common Stockholders | - | 1,381.06 | 1,381.36 | 1,756.12 | 1,779.40 |
| Net Income Including Noncontrolling Interests | - | 1,384.95 | 1,383.85 | 1,754.58 | 1,784.78 |
| Normalized Income | - | 1,381.06 | 1,381.36 | 1,756.12 | 1,779.40 |
| Diluted NI Availto Com Stockholders | - | 1,381.06 | 1,381.36 | 1,756.12 | 1,779.40 |
| Basic Average Shares | - | 415.28 | 406.50 | 399.73 | 396.97 |
| Diluted Average Shares | - | 419.19 | 409.95 | 403.22 | 399.86 |
| Reconciled Depreciation | - | 55.87 | -20.86 | -170.64 | -48.13 |
| Total Unusual Items | -11.52 | 0 | 0 | - | - |
| Total Unusual Items Excluding Goodwill | -11.52 | 0 | 0 | - | - |
| Minority Interests | - | -3.89 | -2.49 | 1.54 | -5.38 |
| Special Income Charges | -11.52 | 0 | 0 | - | - |
| Other Special Charges | 11.52 | - | - | - | - |
| Other Operating Expenses | - | 735.30 | 810.74 | 782.59 | 849.86 |
| Loss Adjustment Expense | - | 7,593.17 | 8,379.57 | 9,297.29 | 9,997.82 |
| Net Policyholder Benefits And Claims | - | 7,593.17 | 8,379.57 | 9,297.29 | 9,997.82 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| W. R. Berkley Corporationthis co. | WRB | $24.7B | 13.87↑ premium | 2.54 | 18.3% | - |
| Citizens Financial Group, Inc. | CFG | $27.0B | 14.76 | 1.12 | 7.6% | - |
| Cincinnati Financial Corporation | CINF | $24.9B | 10.39 | 1.56 | 15.0% | - |
| Willis Towers Watson Public Limited Company | WTW | $24.4B | 15.22 | 3.06 | 20.1% | 10.72 |
| Regions Financial Corporation |
| - |
| - |
| - |
| - |
| - |
| - |
| RF |
| $24.3B |
| 11.25 |
| 1.37 |
| 12.2% |
| - |
| Synchrony Financial | SYF | $23.8B | 6.86 | 1.42 | 20.7% | - |
| KeyCorp | KEY | $23.5B | 12.85 | 1.31 | 10.2% | - |
| T. Rowe Price Group, Inc. | TROW | $22.9B | 11.25 | 2.11 | 18.8% | 6.48 |
| Principal Financial Group, Inc. | PFG | $22.4B | 18.87 | 1.88 | 10.0% | - |
| Peer Median | - | 12.05 | 1.49 | 13.6% | 8.60 | |
Historically, Nov has averaged the highest return (+5.7%); Dec the lowest (-3.8%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.2%Negative MonthJan 2026: -2.20% | +4.5%Positive MonthFeb 2026: +4.55% | -7.6%Negative MonthMar 2026: -7.56% | +0.8%Neutral MonthApr 2026: +0.83% | -4.9%Negative MonthMay 2026: -4.92% | +11.0%Positive MonthJun 2026: +11.00% | +2.8%Positive MonthJul 2026: +2.85% | -4.0%*Negative MonthAug 2026: -4.04% | — | — | — | — |
| 2025 | +0.5%Neutral MonthJan 2025: +0.53% | +7.2%Positive MonthFeb 2025: +7.22% | +12.8%Positive MonthMar 2025: +12.81% | +0.7%Neutral MonthApr 2025: +0.74% | +4.2%Positive MonthMay 2025: +4.18% | -1.6%Neutral MonthJun 2025: -1.63% | -6.3%Negative MonthJul 2025: -6.34% | +4.2%Positive MonthAug 2025: +4.19% | +6.9%Positive MonthSep 2025: +6.88% | -6.9%Negative MonthOct 2025: -6.89% | +8.9%Positive MonthNov 2025: +8.90% | -9.7%Negative MonthDec 2025: -9.74% |
| 2024 | +15.8%Positive MonthJan 2024: +15.78% | +2.1%Positive MonthFeb 2024: +2.10% | +5.8%Positive MonthMar 2024: +5.79% | -13.0%Negative MonthApr 2024: -12.97% | +5.3%Positive MonthMay 2024: +5.27% | -3.0%Negative MonthJun 2024: -3.02% | +5.2%Positive MonthJul 2024: +5.24% | +8.3%Positive MonthAug 2024: +8.29% | -5.0%Negative MonthSep 2024: -4.97% | +0.8%Neutral MonthOct 2024: +0.78% | +12.9%Positive MonthNov 2024: +12.91% | -9.3%Negative MonthDec 2024: -9.34% |
| 2023 | -3.3%Negative MonthJan 2023: -3.35% | -5.6%Negative MonthFeb 2023: -5.63% | -5.9%Negative MonthMar 2023: -5.94% | -5.4%Negative MonthApr 2023: -5.36% | -5.5%Negative MonthMay 2023: -5.50% | +7.0%Positive MonthJun 2023: +6.97% | +3.6%Positive MonthJul 2023: +3.58% | +0.3%Neutral MonthAug 2023: +0.28% | +2.6%Positive MonthSep 2023: +2.63% | +6.2%Positive MonthOct 2023: +6.19% | +7.6%Positive MonthNov 2023: +7.61% | -2.5%Negative MonthDec 2023: -2.52% |
| 2022 | +2.6%Positive MonthJan 2022: +2.56% | +6.9%Positive MonthFeb 2022: +6.86% | +10.6%Positive MonthMar 2022: +10.61% | -0.2%Neutral MonthApr 2022: -0.15% | +7.0%Positive MonthMay 2022: +6.98% | -4.0%Negative MonthJun 2022: -4.03% | -8.4%Negative MonthJul 2022: -8.39% | +3.6%Positive MonthAug 2022: +3.63% | -0.3%Neutral MonthSep 2022: -0.34% | +15.2%Positive MonthOct 2022: +15.17% | +2.6%Positive MonthNov 2022: +2.55% | -4.9%Negative MonthDec 2022: -4.86% |
| 2021 | — | — | — | — | -2.2%Negative MonthMay 2021: -2.17% | -4.6%Negative MonthJun 2021: -4.56% | -1.7%Neutral MonthJul 2021: -1.69% | +2.9%Positive MonthAug 2021: +2.92% | -2.8%Negative MonthSep 2021: -2.83% | +8.8%Positive MonthOct 2021: +8.77% | -3.7%Negative MonthNov 2021: -3.72% | +7.5%Positive MonthDec 2021: +7.50% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
