W. R. Berkley said net income for Q4 2024 increased 45.0% to $576 million, and operating income increased 15.5% to a record $453 million. Return on equity for Q4 was 30.9%, and operating return on equity was 24.3%.

1. 01

   W. R. Berkley said net income for Q4 2024 increased 45.0% to $576 million, and operating income increased 15.5% to a record $453 million. Return on equity for Q4 was 30.9%, and operating return on equity was 24.3%.

2. 02

   The company said gross premiums written for 2024 increased 9.6% to $14.2 billion, net premiums written increased 9.3% to $12.0 billion, and net income was $1.8 billion. Return on equity for the year was 23.6%.

3. 03

   W. R. Berkley said net investment income for 2024 increased 26.6% to a record $1.3 billion, and operating cash flow increased 25.6% to a record $3.7 billion. Operating cash flow for Q4 increased 16.0% to $810.0 million.

4. 04

   The company said total capital returned to shareholders for 2024 was $835.6 million, consisting of $412.3 million in special dividends, $303.7 million in share repurchases and $119.6 million in regular dividends.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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