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Companies / Financials / W. R. Berkley Corporation
WRB

W. R. Berkley Corporation

FinancialsProperty & Casualty InsuranceS&P 500
Ticker WRBGREENWICH, CTFiscal year ends DecemberBook value per share $25.00Diluted shares 393.3M

W. R. Berkley Corporation (NYSE: WRB) is an insurance holding company that underwrites commercial property and casualty insurance and provides reinsurance worldwide. Its Insurance segment offers excess and surplus, admitted commercial, specialty personal and industry-specific coverage, along with risk management and… From the company’s description.

In fiscal 2025, W. R. Berkley Corporation reported revenue of $14.71B, up 7.8% from fiscal 2024, and net income of $1.78B. Its operating margin was 15.5%, and operations generated $3.58B in cash. Over the twelve months to Jun 30, 2026, revenue was $14.90B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$14.71BFY2025
+7.8% year over year
Last 12 mo $14.90B
15.47%FY2025
−1.2 percentage points
Last 12 mo 16.94%
$1.78BFY2025
+1.3% year over year
Last 12 mo $1.93B
18.34%FY2025
−2.6 percentage points
Last 12 mo 19.61%
Cash & financing
$3.58BFY2025
−2.6% year over year
Last 12 mo $3.60B
$3.41BFY2025
−4.5% year over year
Last 12 mo $3.60B
0.29FY2025
Was 0.34× a year earlier
Last 12 mo 0.19
399.9MFY2025
−0.7% year over year
Last 12 mo 393.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What W. R. Berkley Corporation does

In the company’s own words

W. R. Berkley Corporation (NYSE: WRB) is an insurance holding company that underwrites commercial property and casualty insurance and provides reinsurance worldwide. Its Insurance segment offers excess and surplus, admitted commercial, specialty personal and industry-specific coverage, along with risk management and fee-based services; customers include businesses, public entities and individuals, with products distributed through agents, brokers and other channels. Its Reinsurance & Monoline Excess segment provides treaty and facultative reinsurance to insurers and self-insureds, excess workers’ compensation coverage, and insurance support and program management services. In 2025, Insurance generated $12.1 billion of revenue and represented 88% of net premiums written, while Reinsurance & Monoline Excess generated $1.8 billion of revenue and represented 12%. The company operates through 60 businesses, most of which it developed internally, including brands such as Admiral Insurance, Berkley Accident and Health, Berkley Cyber Risk Solutions and Berkley Re America. W. R. Berkley Corporation was formed in 1970.

Company details
Sector
Financials
Industry (SIC)
Property & Casualty Insurance
Headquarters
GREENWICH, CT
Fiscal year end
December
CIK
11544
SIC
6331

Financial performance, year by year

Fiscal 2013–2025 · USD
$-1.49B$2.98B$7.45B$11.92B$16.39B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns W. R. Berkley Corporation — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

562
funds hold it
2 of 35
superinvestors hold it
$6.00B
held by funds, at market
23.4%
of shares held by funds

Superinvestors in W. R. Berkley Corporation · what they did last quarter

Bruce BerkowitzUNCHANGED
Fairholme Capital Management
1.2%of 13F portfolio
Tom GaynerUNCHANGED
Markel Group (Markel-Gayner)
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · W. R. Berkley Corporation’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.03%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.03%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.19%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.03%of fund net assets
Eaton Vance Atlanta Capital SMID-Cap Fund
EAASX · Eaton Vance Growth Trust
2.87%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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