Feed / WRB

W. R. Berkley Corporation

WRB

Financial Services · 69.89 -0.2% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:55 GMT-4

Market read

W. R. Berkley Corporation's current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 6 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.

Company-0.2% todayVolume comparison unavailable
Market group0 of 6 activeInsurance Companies · unavailable
Disclosed network0 of 1 confirmingNo filing-linked name is confirming now
What would change this read
  • Company reports realized gains tied to improved pricing of mortgage-backed securities in available-for-sale portfolio.

Invalidation: The isolated read changes if WRB's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Financial Services · Insurance - Property & Casualty

No new filing conclusion is available. 0 of 6 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • Company reports realized gains tied to improved pricing of mortgage-backed securities in available-for-sale portfolio.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations602
Usable filing statements167
Verified relationships1
Evidence supporting the case
  • Latest annual revenue changed +7.8% year over year.
Evidence challenging the case
  • Pricing and mix has repeated adverse evidence across 5 filings.
Questions before a position
  • P/E is 19% above the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 18% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 11, 2026

69.89
6m+1.7%12m-3.1%24m+19.1%
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$9.5B+16.7%$3.66-1.2%
2022-12-31$11.2B+18.1%$3.29+49.8%
2023-12-31$12.1B+8.7%$3.37-2.2%
2024-12-31$13.6B+12.3%$4.36-1.6%
2025-12-31$14.7B+7.8%$4.45-0.8%

What management says matters

Persistent and emerging business drivers

Macroeconomic conditionsmixed · 5 filings
The Company believes that auto-related claims are being particularly impacted by social inflation, which is contributing to an increase in the frequency of large losses beyond expectations.
10-Q · Jul 31, 2026
Pricing and mixmixed · 5 filings
The pre-tax change in allowance for expected credit losses on investments, which are reflected in net investment gains (losses), increased by $0.2 million ($0.2 million after-tax) in 2026 due to a decrease in fair value of one investment in fixed maturity sec…
10-Q · Jul 31, 2026
Data center and AI demandpositive · 1 filings
As a result of increased innovation and use of technology in the insurance sector, the NAIC and insurance regulators have been focusing on the use of “big data” technologies, such as artificial intelligence, machine learning and automated decision-making.
10-K · Feb 27, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 1.9× · EV/sales 1.7×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Scenarios are withheld for Financial Services until sector-specific earnings and capital metrics are available; generic revenue/P/S scaffolds would be misleading.

Price action

How the market is pricing the story

69.89-0.2% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for WRB. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for WRB. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind WRB

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depended on by

RYANRyan Specialty Holdings, Inc.competitorFeb 13, 2026

Berkley Insurance Grp.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

WRB is currently a Early Follower in the organic co-movement group Insurance Companies. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.