Berkley W R Corp. (WRB) stock — is it a good business?

Berkley W R Corp. (WRB) stock — is it a good business? — InspectStocks

How it makes money

Insurance87%
year ended 2025-12-31
Reinsurance and monoline excess13%
year ended 2025-12-31
Investment income and gains

Competes with

SSREYSwiss Re
MURGYMunich Re
BRK.BBerkshire Hathaway
HVRRYHannover Re

What it sells6

Commercial property and liability insurance
Policies for businesses covering risks such as damage to property, injuries to others, vehicle accidents and claims about products.
Workers’ compensation insurance
Coverage that helps pay for employees’ medical costs and other covered expenses after a work-related injury.
Professional and management liability insurance
Coverage for claims alleging professional mistakes or certain decisions by company directors and officers.

Show 3 more

Cyber insurance
Commercial coverage for risks arising from cyber security incidents.
Specialty personal insurance
Home, auto, fine-art and other coverage for individuals and families with specialized insurance needs.
Treaty and facultative reinsurance
Insurance for other insurers: treaty coverage applies to an agreed group of risks, while facultative coverage is arranged for an individual risk.

Who buys it5

Businesses of different sizes buy commercial coverage, usually through independent agents or insurance brokers.
Businesses with unusual or difficult-to-insure risks buy specialty coverage through agents and wholesale brokers.
Individuals and families buy home, auto and valuable-property insurance through insurance distribution channels.

Show 2 more

Insurance companies buy reinsurance, often through reinsurance brokers, to transfer part of the claims risk they have taken on.
Self-insured employers and organizations buy excess coverage or help managing insurance programs and claims.

What it stands on, and what could break it

What the business leans on

1Berkley relies on independent agents, brokers and program administrators to bring in and service much of its insurance business.
2It transfers some of its own claims risk to outside reinsurers and depends on those reinsurers to pay amounts owed under their contracts.
3Its insurance subsidiaries are subject to state and international insurance rules, including requirements affecting capital, investments, policy terms and dividends.

What could go wrong

1Claims may ultimately cost more than Berkley’s estimates, especially for long-running liability claims; changes in court outcomes, litigation costs and inflation can increase the amount it must pay.
2Hurricanes, wildfires and other natural or man-made catastrophes can cause large claims in a short period, even when some of the exposure is transferred to reinsurers.
3Reinsurance competition can make coverage more costly or harder to obtain, while intense competition in some insurance markets can pressure premiums and underwriting terms.

Full financial statements →

About Berkley W R Corp.

W. R. Berkley insures businesses against costs such as property damage, workplace injuries, vehicle accidents, lawsuits and cyber incidents. It also takes on part of other insurers’ risks in exchange for premiums, and invests its funds in bonds and other assets to earn income.

Head office: Greenwich, Connecticut
Founded: 1970
Employees: 8,804 (January 15, 2026, high)
Listed on: NYSE
Financial year ends: December 31

Built from Berkley W R Corp.’s own filings with the U.S. Securities and Exchange Commission (SEC). Figures are as reported, with per-share history restated onto today’s share basis. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.

Keep exploring

The themes Berkley W R is part of, the highest-graded companies in its industry, and the companies in its sector whose grade rose recently.

The theme it is part of

Highest-graded in Insurance Property and Casualty

Graded A or B and worth $2B or more: A first, then the largest.

Grade rose recently in Financials

Rose to A or B on a filing in the last 90 days, worth $2B or more: largest first.

How it makes money

Insurance87%
year ended 2025-12-31
Reinsurance and monoline excess13%
year ended 2025-12-31
Investment income and gains

Competes with

SSREYSwiss Re
MURGYMunich Re
BRK.BBerkshire Hathaway
HVRRYHannover Re

What it sells6

Commercial property and liability insurance
Policies for businesses covering risks such as damage to property, injuries to others, vehicle accidents and claims about products.
Workers’ compensation insurance
Coverage that helps pay for employees’ medical costs and other covered expenses after a work-related injury.
Professional and management liability insurance
Coverage for claims alleging professional mistakes or certain decisions by company directors and officers.

Show 3 more

Cyber insurance
Commercial coverage for risks arising from cyber security incidents.
Specialty personal insurance
Home, auto, fine-art and other coverage for individuals and families with specialized insurance needs.
Treaty and facultative reinsurance
Insurance for other insurers: treaty coverage applies to an agreed group of risks, while facultative coverage is arranged for an individual risk.

Who buys it5

Businesses of different sizes buy commercial coverage, usually through independent agents or insurance brokers.
Businesses with unusual or difficult-to-insure risks buy specialty coverage through agents and wholesale brokers.
Individuals and families buy home, auto and valuable-property insurance through insurance distribution channels.

Show 2 more

Insurance companies buy reinsurance, often through reinsurance brokers, to transfer part of the claims risk they have taken on.
Self-insured employers and organizations buy excess coverage or help managing insurance programs and claims.

What it stands on, and what could break it

What the business leans on

1Berkley relies on independent agents, brokers and program administrators to bring in and service much of its insurance business.
2It transfers some of its own claims risk to outside reinsurers and depends on those reinsurers to pay amounts owed under their contracts.
3Its insurance subsidiaries are subject to state and international insurance rules, including requirements affecting capital, investments, policy terms and dividends.

What could go wrong

1Claims may ultimately cost more than Berkley’s estimates, especially for long-running liability claims; changes in court outcomes, litigation costs and inflation can increase the amount it must pay.
2Hurricanes, wildfires and other natural or man-made catastrophes can cause large claims in a short period, even when some of the exposure is transferred to reinsurers.
3Reinsurance competition can make coverage more costly or harder to obtain, while intense competition in some insurance markets can pressure premiums and underwriting terms.

Full financial statements →

About Berkley W R Corp.

Head office: Greenwich, Connecticut
Founded: 1970
Employees: 8,804 (January 15, 2026, high)
Listed on: NYSE
Financial year ends: December 31

How it makes money

Competes with

What it sells6

Who buys it5

What it stands on, and what could break it

What the business leans on

What could go wrong

About Berkley W R Corp.

Keep exploring

The theme it is part of

Highest-graded in Insurance Property and Casualty

Grade rose recently in Financials

How it makes money

Competes with

What it sells6

Who buys it5

What it stands on, and what could break it

What the business leans on

What could go wrong

About Berkley W R Corp.

Berkley W R Corp.

Keep exploring

The theme it is part of

Highest-graded in Insurance Property and Casualty

Grade rose recently in Financials

Property & casualty insurers

Earnings & book value — 5 of 5

Business trend

Share price and grade over time

How it makes money

Competes with

What it sells6

Who buys it5

What it stands on, and what could break it

What the business leans on

What could go wrong

About Berkley W R Corp.

Keep exploring

The theme it is part of

Highest-graded in Insurance Property and Casualty

Grade rose recently in Financials

How it makes money

Competes with

What it sells6

Who buys it5

What it stands on, and what could break it

What the business leans on

What could go wrong

About Berkley W R Corp.

Berkley W R Corp.

Past performance

Keep exploring

The theme it is part of

Highest-graded in Insurance Property and Casualty

Grade rose recently in Financials

Property & casualty insurers

Earnings & book value — 5 of 5

Business trend

Share price and grade over time