BERKLEY W R CORP

WRB · XNYS

CIK 11544fmd_09THYNBSQ2X02A87PPQVVSHXT5Finance, Insurance and Real Estate · Fire, Marine & Casualty InsuranceTemplate: Insurance

Coverage: Jan 01, 2008 to Sep 30, 2026, 71 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net premiums earned	6,293	6,311	6,372	6,633	6,931	8,106	9,561	10,401	11,548	12,447
Total revenues	7,654	7,685	7,692	7,902	8,099	9,455	11,166	12,143	13,639	14,708
Net investment income	564	576	674	646	584	672	779	1,053	1,333	1,429
Realized investment gains (losses)	267	336	154	121	103	91	202	47	118	132
Provision for credit losses	–	–	–	–	4	(4)	0	2	(2)	(1)
Losses and loss adjustment expenses	3,846	4,002	3,975	4,131	4,469	4,954	5,862	6,372	7,132	7,772
Policy acquisition costs	1,156	1,111	915	1,002	905	962	1,039	1,039	1,220	–
Gain on sale of real estate	8	13	28	6	102	95	294	(71)	(3)	27
Impairment of real estate	–	–	–	–	–	–	–	72	–	–
Interest expense	141	147	157	153	151	147	130	127	127	127
Interest and investment income	573	583	679	651	593	679	–	–	–	–
Income before taxes	896	773	812	853	705	1,283	1,720	1,754	2,264	2,281
Income tax expense	293	219	163	169	172	252	335	371	510	496
Net income from continuing operations	603	553	649	684	533	1,031	1,385	1,384	1,755	1,785
Net income	602	549	641	682	531	1,022	1,381	1,381	1,756	1,779