W. R. Berkley Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Debt Securities	25,508	25,048	22,398	20,178	17,587	16,603
Equity and Preferred Securities	1,470	1,358	1,204	1,090	1,186	941.24
Other Investments	4,308	4,282	4,288	4,011	4,086	4,628
Total Investments	31,286	30,687	27,889	25,280	22,860	22,172
Cash & Equivalents	2,281	2,540	1,975	1,363	1,449	-
Reinsurance Contract Assets	4,422	4,425	4,381	4,293	3,884	3,142
Deferred Acquisition Costs	1,013	1,001	951.73	861.61	763.49	676.15
Other Receivables	3,725	3,684	3,571	3,626	3,180	2,966
Net Property, Plant & Equipment	567.12	596.24	478.51	426.8	423.23	169.65
Goodwill	184.33	184.33	184.33	174.6	185.51	122.94
Other Assets	837.16	953.62	1,137	1,177	1,116	2,380
Total Assets	44,316	44,071	40,567	37,202	33,861	32,086
Unearned Premiums	6,777	6,722	6,375	5,922	5,298	4,847
Claims Reserves	22,616	22,208	20,368	18,740	17,011	15,391
Reinsurance Contract Liabilities	627.76	615.78	668.65	631.16	523.13	514.98
Accounts Payable	-	-	-	-	-	53.64
Total Debt	2,841	2,840	2,841	2,837	2,837	3,267
Other Liabilities	4,544	4,814	4,748	4,440	4,261	4,666
Total Liabilities	34,565	34,359	32,160	29,733	27,093	25,419
Common Stock	158.71	158.71	158.71	158.71	105.8	105.8
Treasury Stock	-4,644	-4,339	-4,079	-3,783	-3,251	-3,167
Additional Paid-in Capital	1,000	987.71	984.83	964.79	997.53	981.1
Accumulated Other Comprehensive Income	-601.28	-451.1	-934.27	-925.84	-1,265	-281.96
Retained Earnings	13,826	13,344	12,265	11,041	10,161	9,015
Total Common Shareholders' Equity	9,740	9,701	8,395	7,455	6,748	6,653
Minority Interest	11.07	11.08	12.33	13.81	19.83	14.72
Shareholders' Equity	9,751	9,712	8,407	7,469	6,768	6,668
Total Liabilities & Equity	44,316	44,071	40,567	37,202	33,861	32,086
Book Value	9,740	9,701	8,395	7,455	6,748	6,653
Book Value Per Share	24.43	24.26	20.82	18.19	16.10	15.85
Tangible Book Value	9,555	9,516	8,211	7,281	6,563	6,530
Tangible Book Value Per Share	23.97	23.80	20.36	17.76	15.66	15.56

Updated May 1, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.

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