← BERKLEY W R CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUES: | |||||||||||
| Revenues from non-insurance businesses | $390.3m | $326.2m | $373.0m | $406.5m | $389.9m | $489.2m | $509.5m | $535.5m | $528.0m | $577.4m | |
| Other operating costs and expenses | $2.4b | $2.4b | $2.4b | $2.4b | $2.4b | $2.6b | $3.0b | $3.4b | $3.6b | $4.0b | |
| Total operating costs and expenses | $6.8b | $6.9b | $6.9b | $7.0b | $7.4b | $8.2b | $9.4b | $10.4b | $11.4b | $12.4b | |
| Net premiums written | $6.4b | $6.3b | $6.4b | $6.9b | $7.3b | $8.9b | $10.0b | $11.0b | $12.0b | $12.7b | |
| Change in net unearned premiums | ($130.6m) | $50.9m | ($61.7m) | ($230.2m) | ($331.6m) | ($756.8m) | ($442.6m) | ($553.8m) | ($423.6m) | ($264.4m) | |
| Net premiums earned | $6.3b | $6.3b | $6.4b | $6.6b | $6.9b | $8.1b | $9.6b | $10.4b | $11.5b | $12.4b | |
| Net investment income | $564.2m | $575.8m | $674.2m | $645.6m | $583.8m | $671.6m | $779.2m | $1.1b | $1.3b | $1.4b | |
| Unrealized investment gains (losses), before tax | — | — | — | $120.7m | $73.5m | $107.0m | $217.3m | $47.5m | $79.7m | $130.7m | |
| Change in allowance for expected credit losses on investments | — | — | ($5.7m) | $0 | $29.5m | ($16.3m) | ($14.9m) | ($498k) | $38.0m | $1.6m | |
| Net investment gains (losses) | $267.0m | $335.9m | $154.5m | $120.7m | $103.0m | $90.6m | $202.4m | $47.0m | $117.7m | $132.2m | |
| Insurance service fees | $138.9m | $134.7m | $117.8m | $92.7m | $88.8m | $93.9m | $110.5m | $106.5m | $108.9m | $118.5m | |
| Other income | $376k | $805k | $681k | $3.4m | $2.6m | $4.2m | $3.4m | $381k | $2.5m | $3.7m | |
| Noncontrolling interests | ($1.6m) | ($4.2m) | ($8.3m) | ($2.0m) | ($2.3m) | ($8.5m) | ($3.9m) | ($2.5m) | $1.5m | ($5.4m) | |
| Pre-Tax Income (Loss) | $896.4m | $772.8m | $812.1m | $852.9m | $704.8m | $1.3b | $1.7b | $1.8b | $2.3b | $2.3b | |
| Net income to common stockholders | $601.9m | $549.1m | $640.7m | $681.9m | $530.7m | $1.0b | $1.4b | $1.4b | $1.8b | $1.8b | |
| Net income before noncontrolling interests | $603.5m | $553.3m | $649.1m | $684.0m | $533.0m | $1.0b | $1.4b | $1.4b | $1.8b | $1.8b | |
| Basic (dollars per share) | $1.45 | $1.30 | $1.50 | $1.59 | $1.26 | $2.46 | $3.33 | $3.40 | $4.39 | $4.48 | |
| Diluted (dollars per share) | $1.39 | $1.26 | $1.48 | $1.56 | $1.25 | $2.44 | $3.29 | $3.37 | $4.36 | $4.45 | |
| Losses and loss expenses | $3.8b | $4.0b | $4.0b | $4.1b | $4.5b | $5.0b | $5.9b | $6.4b | $7.1b | $7.8b | |
| Expenses from non-insurance businesses | $375.4m | $325.4m | $364.4m | $402.7m | $384.5m | $472.2m | $493.2m | $525.0m | $513.5m | $551.9m | |
| Interest expense | $140.9m | $147.3m | $157.2m | $153.4m | $150.5m | $147.2m | $130.4m | $127.5m | $126.9m | $126.9m | |
| Income tax expense | ($293.0m) | ($219.4m) | ($163.0m) | ($168.9m) | ($171.8m) | ($251.9m) | ($334.7m) | ($370.6m) | ($509.9m) | ($495.8m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.