W. R. Berkley Earnings Preview: What to Expect

W. R. Berkley Corporation (WRB), headquartered in Greenwich, Connecticut, is an insurance holding company that is among the largest commercial lines writers in the U.S. Valued at $20.25 billion by market cap, the company operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance & Monoline Excess. The insurance major is expected to announce its fiscal second-quarter earnings for 2024 after the market closes on Monday, July 22.

Ahead of the event, analysts expect WRB to report a profit of $1.40 per share on a diluted basis, up 22.8% from $1.14 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports. In the previous quarter, the company saw its net investment income rise 43.2% year over year to a record $319.84 million.