Recent Updates — WRB

W. R. Berkley Corporation reported third-quarter 2026 results with net income to common stockholders of $446 million, or $1.14 per diluted share, compared to $511 million, or $1.28 per diluted share, in the prior-year period. Operating income increased 6.4% to $456.5 million, or $1.17 per diluted share, driven by a 10.6% growth in pre-tax underwriting income for the Insurance segment to $237.7 million and net investment income rising to $383.5 million. The company achieved an accident year combined ratio of 88.1%, excluding catastrophe losses, while gross premiums written grew 4.9%. W. R. Berkley Corporation is a commercial lines insurance holding company operating in the property casualty business.

Lucille Sgaglione will resign from her position as Executive Vice President, effective June 30, 2026, and transition to a part-time role as Senior Advisor. W. R. Berkley Corporation is a specialty insurance provider.

On June 9, 2026, W. R. Berkley Corporation entered into the First Amendment to its Credit Agreement dated April 1, 2022. The amendment extends the maturity date of the company's revolving credit facility from April 1, 2027, to June 9, 2031. The agreement involves Bank of America, N.A. as Administrative Agent, with M&T Bank, JPMorgan Chase Bank, N.A., and Morgan Stanley Senior Funding, Inc. serving as Syndication Agents. The company operates in the insurance industry, providing commercial property and casualty insurance.

W. R. Berkley Corporation announced the passing of founder and Executive Chairman William R. Berkley on June 9, 2026. Following this event, the Board of Directors appointed President and CEO W. Robert Berkley, Jr. as Chairman. W. R. Berkley Corporation is a specialty insurance provider.