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Berkley Reports Q2 Revenue of $3.72B
Reports Q2 revenue $3.72B, consensus $3.2B. Gross premiums written grew to a record $4.1B. W. Robert Berkley, Jr., chairman, chief executive officer, and president, said: "The Company delivered an excellent second quarter in 2026, generating an annualized 20.5% operating return on beginning-of-year stockholders' equity, driven by outstanding underwriting performance and record net investment income. Disciplined cycle management has long been and remains a hallmark of the Company's success. We continue to see attractive opportunities across select liability lines. By focusing on business that offers appropriate risk-adjusted returns and favorable pricing, our Insurance segment grew gross and net premiums written by 5.4% and 3.7%, respectively, to record levels. This disciplined approach resulted in a strong overall 88.1% accident year combined ratio, excluding catastrophe losses."
W. R. Berkley Appoints Paul J. Stock as President of Carolina Casualty
W. R. Berkley "announced the appointment of Paul J. Stock as president of Carolina Casualty. The appointment is effective immediately. Mr. Stock has more than 20 years of experience in the property and casualty insurance industry, focused on the transportation sector across multiple disciplines, including claims, product management, underwriting, risk management, telematics, and commercial vehicle technology. He joined Carolina Casualty in early 2025 as divisional president, where he led the transformation of the claims and risk management departments, in addition to several other functional areas."
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