Ankündigung • Jun 29
W. R. Berkley Corporation Announces Resignation of Lucille Sgaglione as Executive Vice President, Effective June 30, 2026 W. R. Berkley Corporation announced that Lucille Sgaglione had informed the Company that she would resign from her position as Executive Vice President of the Company, effective June 30, 2026. Following her resignation as an executive officer, Ms. Sgaglione would continue to serve the Company on a part-time basis as Senior Advisor. Live-News • Jun 27
AM Best Upgrades W. R. Berkley Issuer Credit Ratings With Stable Outlook AM Best has upgraded W. R. Berkley’s Long-Term Issuer Ratings to “a” (Excellent) from “a-” (Excellent) and affirmed its A+ (Superior) Financial Strength Rating, while revising the issuer rating outlook to stable.
The upgrade is based on improved balance sheet strength, as well as strong underwriting results and operating performance across the Berkley group, which can influence perceptions of the insurer’s resilience and its ability to meet obligations.
W. R. Berkley shares trade at about $71.27, with the stock up 9.2% over the past 30 days.
A higher issuer rating and stable outlook can support W. R. Berkley’s funding flexibility and may be viewed as a sign of disciplined risk management. Investors still need to weigh insurance cycle pressures, catastrophe exposure and capital allocation choices when assessing the stock. Ankündigung • Jun 26
W. R. Berkley Corporation Announces Executive Changes W. R. Berkley Corporation announced the appointment of John Enright as president of Berkley Specialty London, effective July 1, 2026, subject to regulatory approval. Mr. Enright has nearly 20 years of experience in the insurance industry across strategy, operations, finance, and technology with a particular focus on the London and international markets. Most recently, he served as Berkley Specialty London’s chief operating officer. James Hastings, the outgoing president, will continue to serve in a corporate role at Berkley and support the transition. Ankündigung • Jun 23
W. R. Berkley Corporation to Report Q2, 2026 Results on Jul 20, 2026 W. R. Berkley Corporation announced that they will report Q2, 2026 results After-Market on Jul 20, 2026 Live-News • Jun 11
W. R. Berkley Declares Special Dividend and Restores Share Buyback Plan W. R. Berkley declared a special cash dividend of $0.50 per share, payable on July 2, 2026, to shareholders of record on June 23, 2026.
The company raised its regular quarterly dividend by 11.1% to $0.10 per share, also payable on July 2, 2026.
The board restored the share repurchase authorization to 25 million shares, indicating an intention to keep returning excess capital through buybacks alongside dividends.
These actions suggest the company currently views its capital position as sufficient to support higher ongoing cash returns while continuing to manage competitive and catastrophe risk pressures.
Investors may want to focus on how W. R. Berkley balances these shareholder payouts with reinvestment needs, particularly in light of the insurance sector’s exposure to large loss events and fluctuations in investment income. Ankündigung • Jun 11
W. R. Berkley Corporation Announces Chairman Changes, Effective June 9, 2026 W. R. Berkley Corporation announced the passing of the Company's founder and Executive Chairman, William R. Berkley, on June 9, 2026. The Board of Directors appointed W. Robert Berkley, Jr., the Company's President and Chief Executive Officer, as Chairman, effective immediately. William R. Berkley founded the Company in 1967 and, over the course of nearly six decades, built it into a Fortune 500 company that is one of the world's leading commercial insurance organizations. W. Robert Berkley, Jr. was the President and Chief Executive Officer prior to being appointed as Chairman. Mr. Berkley founded the Company in 1967 and, over the course of nearly six decades, built it into a Fortune 500 company that is one of the world’s leading commercial insurance organizations. His vision, discipline, and unwavering commitment to an entrepreneurial culture focused on underwriting excellence and long-term results shaped the Company’s success and leaves an enduring imprint on both the Company and the insurance industry. He was a product of the American dream and had a strong desire to instill and support that dream in others. Declared Dividend • Jun 07
First quarter dividend increased to US$0.60 Dividend of US$0.60 is 1.7% higher than last year. Ex-date: 23rd June 2026 Payment date: 2nd July 2026 Dividend yield will be 2.7%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (8% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 10.0% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Live-News • Jun 04
W. R. Berkley Announces Special Dividend and Expands Share Buyback Authorization W. R. Berkley declared a special cash dividend of US$0.50 per share, payable on July 2, 2026.
The company set its regular quarterly cash dividend at US$0.10 per share, also payable on July 2, 2026.
The Board reset the share repurchase authorization to 25 million shares.
This combination of a special dividend, a higher regular dividend, and refreshed buyback capacity indicates that the board is prioritizing direct capital returns to shareholders at this time.
Investors may want to monitor how actively the company uses the repurchase authorization and whether future dividend announcements remain at these levels or change. Ankündigung • Apr 25
W. R. Berkley Corporation, Annual General Meeting, Jun 03, 2026 W. R. Berkley Corporation, Annual General Meeting, Jun 03, 2026. Reported Earnings • Apr 22
First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2026 results: EPS: US$1.31 (up from US$1.05 in 1Q 2025). Revenue: US$3.69b (up 4.0% from 1Q 2025). Net income: US$515.2m (up 23% from 1Q 2025). Profit margin: 14% (up from 12% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) exceeded analyst estimates by 14%. Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 21% per year. Ankündigung • Mar 27
W. R. Berkley Corporation to Report Q1, 2026 Results on Apr 21, 2026 W. R. Berkley Corporation announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 21, 2026 Ankündigung • Mar 10
W. R. Berkley Corporation Announces the Appointment of Ryan Miller as President of Berkley Southeast, Effective March 9, 2026 W. R. Berkley Corporation announced the appointment of Ryan Miller as president of Berkley Southeast, effective March 9, 2026. Mr. Miller has more than 25 years of progressive leadership experience in commercial insurance operations, underwriting, and field management. He most recently served as senior vice president and chief field operations manager at a large, regional carrier with accountability for growth, profitability, and operational excellence. He has spent his entire career working to provide customers across the southeastern United States with solutions for their commercial insurance needs, and brings a unique skillset comprised of local knowledge, local relationships, and a passion for exceeding customer expectations to Berkley Southeast. Reported Earnings • Mar 02
Full year 2025 earnings: Revenues and EPS in line with analyst expectations Full year 2025 results: EPS: US$4.48 (up from US$4.39 in FY 2024). Revenue: US$14.7b (up 7.8% from FY 2024). Net income: US$1.78b (up 1.3% from FY 2024). Profit margin: 12% (in line with FY 2024). Combined ratio: 90.7% (up from 90.3% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 17% per year. Declared Dividend • Feb 18
Fourth quarter dividend of US$0.09 announced Shareholders will receive a dividend of US$0.09. Ex-date: 23rd February 2026 Payment date: 4th March 2026 Dividend yield will be 2.6%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (8% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Feb 14
W. R. Berkley Corporation Declares Regular Quarterly Cash Dividend, Payable on March 4, 2026 W. R. Berkley Corporation announced that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 9 cents per share to be paid on March 4, 2026 to stockholders of record at the close of business on February 23, 2026. Reported Earnings • Jan 27
Full year 2025 earnings: Revenues and EPS in line with analyst expectations Full year 2025 results: EPS: US$4.48 (up from US$4.39 in FY 2024). Revenue: US$14.7b (up 7.8% from FY 2024). Net income: US$1.78b (up 1.3% from FY 2024). Profit margin: 12% (in line with FY 2024). Combined ratio: 90.7% (up from 90.3% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to stay flat during the next 3 years compared to a 4.7% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 13% per year. Ankündigung • Jan 07
W. R. Berkley Corporation to Report Q4, 2025 Results on Jan 26, 2026 W. R. Berkley Corporation announced that they will report Q4, 2025 results After-Market on Jan 26, 2026 Ankündigung • Jan 02
W. R. Berkley Corporation Announces Executive Changes, Effective January 2, 2026 W. R. Berkley Corporation announced that Lee Iannarone has been named executive vice president. He is succeeded by Stephen Kennedy, who has been named senior vice president and general counsel. The appointments are effective January 2, 2026. Mr. Iannarone began his tenure with the Company in 2023 as senior vice president and general counsel. In his new role, he will assume oversight of certain of the Company’s businesses. He has more than 25 years of experience and previously served as general counsel and chief compliance officer for an internationally recognized (re)insurer. Mr. Kennedy joined W. R. Berkley Corporation as vice president - senior counsel in 2020. He has extensive experience in insurance and reinsurance transactions, regulatory and compliance matters, corporate governance, and dispute resolution. Prior to joining Berkley, he served as a senior equity partner at an international law firm, vice president – litigation & claims counsel at a leading domestic reinsurance company, and as a litigation associate at another international law firm. Declared Dividend • Dec 10
Third quarter dividend of US$1.09 announced Shareholders will receive a dividend of US$1.09. Ex-date: 15th December 2025 Payment date: 29th December 2025 Dividend yield will be 2.7%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (7% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 11% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 21
Third quarter 2025 earnings: EPS exceeds analyst expectations Third quarter 2025 results: EPS: US$1.29 (up from US$0.92 in 3Q 2024). Revenue: US$3.77b (up 11% from 3Q 2024). Net income: US$511.0m (up 40% from 3Q 2024). Profit margin: 14% (up from 11% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 18% per year. Ankündigung • Sep 22
W. R. Berkley Corporation to Report Q3, 2025 Results on Oct 20, 2025 W. R. Berkley Corporation announced that they will report Q3, 2025 results After-Market on Oct 20, 2025 Declared Dividend • Sep 14
Second quarter dividend of US$0.09 announced Shareholders will receive a dividend of US$0.09. Ex-date: 22nd September 2025 Payment date: 30th September 2025 Dividend yield will be 1.8%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (7% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Sep 11
W. R. Berkley Corporation Declares Regular Quarterly Cash Dividend, Payable on September 30,2025 W. R. Berkley Corporation announced that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 9 cents per share to be paid on September 30,2025 to stockholders of record at the close of business on September 22, 2025. Ankündigung • Aug 20
W. R. Berkley Corporation Appoints Jamie Secor as President of Berkley Edge W. R. Berkley Corporation announced the formation of Berkley Edge, a new business dedicated to providing professional liability and casualty insurance for small to mid-sized businesses. Jamie Secor has been named president of the new business. During her 25-year career in the insurance industry, Ms. Secor has held various executive and leadership positions, having most recently served as chief underwriting officer at a respected specialty lines property and casualty insurance company. She has an extensive background in underwriting and finding solutions for hard-to-place risks. Reported Earnings • Jul 22
Second quarter 2025 earnings: EPS misses analyst expectations Second quarter 2025 results: EPS: US$1.01 (up from US$0.93 in 2Q 2024). Revenue: US$3.67b (up 11% from 2Q 2024). Net income: US$401.3m (up 7.9% from 2Q 2024). Profit margin: 11% (in line with 2Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.9%. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 17% per year. Ankündigung • Jul 22
Berkley One Classics Introduces A Redesigned Product and Lower Rates in Georgia Berkley One announced that Berkley One Classics has introduced new policy and pricing updates for the Georgia market. Rate reductions have been implemented on multi-car and low-deductible accounts, complemented by expanded multi-car discounts to include new savings for accounts with two or more collector vehicles. The updated policy form expands the coverage window for Newly Acquired Vehicles from 30 to 60 days, eliminates the vermin exclusion, and adds Disaster Relocation coverage of up to $500 per vehicle, with a $5,000 cap per policy period. Two new optional endorsements are also now available: Salvage Value, which allows retention of savings up to $50,000 following a total covered loss, and One Value, which bundles coverage for car covers, tools, documents, personal effects, and post-loss trailering. These enhancements mark Berkley One Classics' 51st year with continued investment in coverage flexibility and collector-focused service. Ankündigung • Jun 24
W. R. Berkley Corporation to Report Q2, 2025 Results on Jul 21, 2025 W. R. Berkley Corporation announced that they will report Q2, 2025 results After-Market on Jul 21, 2025 Declared Dividend • Jun 15
First quarter dividend of US$0.59 announced Shareholders will receive a dividend of US$0.59. Ex-date: 23rd June 2025 Payment date: 30th June 2025 Dividend yield will be 2.2%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (7% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 22
First quarter 2025 earnings: EPS exceeds analyst expectations First quarter 2025 results: EPS: US$1.05 (down from US$1.10 in 1Q 2024). Revenue: US$3.55b (up 8.9% from 1Q 2024). Net income: US$417.6m (down 5.6% from 1Q 2024). Profit margin: 12% (down from 14% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.7%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 16% per year. Ankündigung • Apr 16
W. R. Berkley Corporation, Annual General Meeting, Jun 11, 2025 W. R. Berkley Corporation, Annual General Meeting, Jun 11, 2025. Location: 475 steamboat road, greenwich, connecticut, United States Ankündigung • Apr 04
W. R. Berkley Corporation Announces Executive Changes W. R. Berkley Corporation announced the appointment of Michael G. MacMullin as president of Berkley Luxury Group. He succeeds Shadi Albert, who remains a key member of the W. R. Berkley Corporation team. The appointment is effective immediately. Mr. MacMullin joins Berkley Luxury Group with more than 25 years of wide-ranging property and casualty insurance industry experience. He has held multiple leadership positions in the commercial insurance space, most recently leading all aspects of strategic portfolio initiatives and the product management lifecycle at a large U.S. insurance group. He has a long, accomplished history of driving sustained strong performance and positioning operations for profitable growth. Ankündigung • Mar 26
W. R. Berkley Corporation to Report Q1, 2025 Results on Apr 21, 2025 W. R. Berkley Corporation announced that they will report Q1, 2025 results After-Market on Apr 21, 2025 Ankündigung • Mar 07
W. R. Berkley Corporation Appoints Heath Kidd as Executive Vice President W. R. Berkley Corporation announced the appointment of Heath Kidd as executive vice president. The appointment is effective immediately. Mr. Kidd joins Berkley with more than 30 years of experience in the property casualty insurance industry with leadership roles across various disciplines, including strategy, underwriting, risk control, product development, claims, and analytics. He most recently served as vice president of industry practices for the North American underwriting office of a major national carrier. Ankündigung • Mar 03
W. R. Berkley Corporation Appoints Stephanie Lloyd as President of Berkley Embedded Solutions W. R. Berkley Corporation announced the formation of Berkley Embedded Solutions to deliver tailored insurance products and services to customers at the point of purchase. This new business will bring together the best of modern technology, purpose-built digital-first insurance products, and complementary services with Berkley’s strong underwriting culture and reach. Stephanie Lloyd has been named president of the new business, effective immediately. Ms. Lloyd joins Berkley with 20 years of experience in the property and casualty insurance business, with leadership roles that spanned underwriting, product development, and distribution. She most recently led a successful global technology company in the digital health and well-being space, serving as its chief executive officer. Declared Dividend • Feb 27
Fourth quarter dividend of US$0.08 announced Shareholders will receive a dividend of US$0.08. Ex-date: 3rd March 2025 Payment date: 12th March 2025 Dividend yield will be 2.6%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (7% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 7.8% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Feb 22
W. R. Berkley Corporation Declares Regular Quarterly Cash Dividend, Payable on March 12, 2025 W. R. Berkley Corporation announced that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 8 cents per share to be paid on March 12, 2025 to stockholders of record at the close of business on March 3, 2025. Reported Earnings • Jan 28
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: US$4.39 (up from US$3.40 in FY 2023). Revenue: US$13.6b (up 12% from FY 2023). Net income: US$1.76b (up 27% from FY 2023). Profit margin: 13% (up from 11% in FY 2023). The increase in margin was driven by higher revenue. Combined ratio: 90.3% (up from 89.7% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. Revenue is forecast to stay flat during the next 3 years compared to a 5.0% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 16% per year. Ankündigung • Jan 08
W. R. Berkley Corporation to Report Q4, 2024 Results on Jan 27, 2025 W. R. Berkley Corporation announced that they will report Q4, 2024 results After-Market on Jan 27, 2025 Declared Dividend • Dec 11
Third quarter dividend of US$0.58 announced Shareholders will receive a dividend of US$0.58. Ex-date: 16th December 2024 Payment date: 27th December 2024 Dividend yield will be 2.7%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (8% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 22
Third quarter 2024 earnings: EPS misses analyst expectations Third quarter 2024 results: EPS: US$0.92 (up from US$0.83 in 3Q 2023). Revenue: US$3.40b (up 12% from 3Q 2023). Net income: US$365.6m (up 9.6% from 3Q 2023). Profit margin: 11% (in line with 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.4%. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Sep 30
W. R. Berkley Corporation to Report Q3, 2024 Results on Oct 21, 2024 W. R. Berkley Corporation announced that they will report Q3, 2024 results at 4:00 PM, US Eastern Standard Time on Oct 21, 2024 Declared Dividend • Sep 15
Second quarter dividend of US$0.33 announced Shareholders will receive a dividend of US$0.33. Ex-date: 23rd September 2024 Payment date: 30th September 2024 Dividend yield will be 2.9%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (8% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Sep 12
W. R. Berkley Corp. Names Antonio Q. L. Rhodes President of Berkley Mid-Atlantic Insurance Group W. R. Berkley Corp. has reported the appointment of Antonio Q. L. Rhodes as president of Berkley Mid-Atlantic Insurance Group (BMAG), a Berkley company. Rhodes is an accomplished insurance executive with nearly 20 years of property and casualty insurance industry experience. He most recently served as executive vice president and head of property & casualty for a leading agency network and brokerage firm with countrywide responsibility for programs, central placement, and large and complex insurance. Reported Earnings • Jul 23
Second quarter 2024 earnings: EPS misses analyst expectations Second quarter 2024 results: EPS: US$0.93 (up from US$0.88 in 2Q 2023). Revenue: US$3.31b (up 11% from 2Q 2023). Net income: US$371.9m (up 4.4% from 2Q 2023). Profit margin: 11% (in line with 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.0%. Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 17% per year. Ankündigung • Jun 27
W. R. Berkley Corporation to Report Q2, 2024 Results on Jul 22, 2024 W. R. Berkley Corporation announced that they will report Q2, 2024 results After-Market on Jul 22, 2024 Upcoming Dividend • Jun 18
Upcoming dividend of US$0.62 per share Eligible shareholders must have bought the stock before 24 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 7.7% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of American dividend payers (4.8%). In line with average of industry peers (1.9%). Ankündigung • Jun 14
W. R. Berkley Corporation Approves the Appointment of Marie A. Mattson as Director W. R. Berkley Corporation at its AGM held on June 12, 2024, approved the appointment of Marie A. Mattson as director until respective successors are duly elected and qualified, unless sooner displaced. New Risk • May 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Ankündigung • Apr 28
W. R. Berkley Corporation, Annual General Meeting, Jun 12, 2024 W. R. Berkley Corporation, Annual General Meeting, Jun 12, 2024, at 13:30 US Eastern Standard Time. Location: offices at 475 Steamboat Road, Greenwich Greenwich Connecticut United States Agenda: To elect as directors to serve until their successors are duly elected and qualified the six nominees named in the accompanying proxy statement; o ratify the appointment of KPMG LLP as the independent registered public accounting firm for the Company for the fiscal year ending December 31, 2024; and to discuss other matters. Reported Earnings • Apr 24
First quarter 2024 earnings: EPS exceeds analyst expectations First quarter 2024 results: EPS: US$1.65 (up from US$1.07 in 1Q 2023). Revenue: US$3.26b (up 13% from 1Q 2023). Net income: US$442.5m (up 50% from 1Q 2023). Profit margin: 14% (up from 10% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 14% per year. Ankündigung • Mar 27
W. R. Berkley Corporation to Report Q1, 2024 Results on Apr 23, 2024 W. R. Berkley Corporation announced that they will report Q1, 2024 results Pre-Market on Apr 23, 2024 Declared Dividend • Feb 28
Fourth quarter dividend of US$0.11 announced Shareholders will receive a dividend of US$0.11. Ex-date: 1st March 2024 Payment date: 13th March 2024 Dividend yield will be 1.7%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (8% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 28% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 26
Full year 2023 earnings: Revenues and EPS in line with analyst expectations Full year 2023 results: EPS: US$5.10 (up from US$4.99 in FY 2022). Revenue: US$12.1b (up 8.7% from FY 2022). Net income: US$1.38b (flat on FY 2022). Profit margin: 11% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 22% per year. Ankündigung • Feb 24
W. R. Berkley Corporation Declares Regular Quarterly Cash Dividend, Payable on March 13,2024 W. R. Berkley Corporation announced that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 11 cents per share to be paid on March 13,2024 to stockholders of record at the close of business on March 4, 2024. Price Target Changed • Jan 30
Price target increased by 8.2% to US$84.12 Up from US$77.73, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of US$81.63. Stock is up 16% over the past year. The company is forecast to post earnings per share of US$6.14 for next year compared to US$5.10 last year. Reported Earnings • Jan 25
Full year 2023 earnings: Revenues and EPS in line with analyst expectations Full year 2023 results: EPS: US$5.10 (up from US$4.99 in FY 2022). Revenue: US$12.1b (up 8.7% from FY 2022). Net income: US$1.38b (flat on FY 2022). Profit margin: 11% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 25% per year. 
