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Q1 2026 W R Berkley Corp Earnings Call Transcript
W. R. Berkley Corp (WRB) reported a strong Q1 2026 with a net income of $515 million and record operating income of $514 million, driven by increased net investment income. The company also reduced its effective tax rate and repurchased $302 million in common shares. However, it faced challenges including a slight increase in the insurance segment’s cost ratio, decreased net premiums written in reinsurance, and impacts from significant winter storm activity.