Tearsheet
WRB Home Investment Highlights Valuation, Metrics & Events Price Chart Why The Stock Moved Return vs. Risk About WRB Interactive Breakdown Better Bets vs. WRB Latest Trefis Analyses Trade Ideas More From Trefis Peer Comparisons FDIC Bank Data FDA Approved Drugs Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Forward Guidance Insider Activity Trade Sentinel Industry Resource Links External Quote Links

WR Berkley (WRB)

Market Price (5/2/2026): $66.32 | Market Cap: $26.3 Bil
Sector: Financials | Industry: Property & Casualty Insurance

WR Berkley (WRB)

Market Price (5/2/2026): $66.32
Market Cap: $26.3 Bil
Sector: Financials
Industry: Property & Casualty Insurance

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.4%, Dividend Yield is 2.7%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.6%, FCF Yield is 13%

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -94%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 24%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 23%, CFO LTM is 3.6 Bil, FCF LTM is 3.4 Bil

Stock buyback support
Stock Buyback 3Y Total is 1.1 Bil

Low stock price volatility
Vol 12M is 21%

Megatrend and thematic drivers
Megatrends include AI in Financial Services, and Sustainable Finance. Themes include AI for Fraud Detection, and ESG Investing & Green Bonds.

Weak multi-year price returns
2Y Excs Rtn is -4.3%

Meaningful short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 11.15

Weak revenue growth
Rev Chg QQuarterly Revenue Change % is -0.1%

Key risks
WRB key risks include [1] the potential for claims losses to exceed reserves due to rising social and economic inflation, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.4%, Dividend Yield is 2.7%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.6%, FCF Yield is 13%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -94%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 24%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 23%, CFO LTM is 3.6 Bil, FCF LTM is 3.4 Bil
3 Stock buyback support
Stock Buyback 3Y Total is 1.1 Bil
4 Low stock price volatility
Vol 12M is 21%
5 Megatrend and thematic drivers
Megatrends include AI in Financial Services, and Sustainable Finance. Themes include AI for Fraud Detection, and ESG Investing & Green Bonds.
6 Weak multi-year price returns
2Y Excs Rtn is -4.3%
7 Meaningful short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 11.15
8 Weak revenue growth
Rev Chg QQuarterly Revenue Change % is -0.1%
9 Key risks
WRB key risks include [1] the potential for claims losses to exceed reserves due to rising social and economic inflation, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

WR Berkley (WRB) stock has lost about 5% since 1/31/2026 because of the following key factors:

1. Weakening Analyst Sentiment and Price Target Reductions.

Multiple analysts downgraded W. R. Berkley's stock or lowered their price targets during the specified period. For example, TD Cowen downgraded WRB from a "buy" to a "sell" rating and significantly cut its price target from $77.00 to $55.00 in January 2026. Similarly, UBS Group reduced its target from $71.00 to $69.00, and Morgan Stanley lowered its objective from $73.00 to $72.00 in April 2026. This trend resulted in a consensus "Hold" or "Reduce" rating among analysts, with an average 12-month price target around $68-$69, suggesting limited upside from current levels.

2. Deceleration in Net Written Premium Growth.

The company experienced a notable slowdown in its net written premium growth, which decreased to 1.3% year-over-year in the first quarter of 2026, a significant drop from 6.2% for the full year 2025. This deceleration in a key revenue metric raised concerns among investors and analysts regarding the company's future top-line expansion capabilities in a challenging market.

Show more
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →

Stock Movement Drivers

Fundamental Drivers

The -3.1% change in WRB stock from 1/31/2026 to 5/1/2026 was primarily driven by a -6.6% change in the company's Net Income Margin (%).
(LTM values as of)13120265012026Change
Stock Price ($)68.4966.38-3.1%
Change Contribution By: 
Total Revenues ($ Mil)14,64514,6400.0%
Net Income Margin (%)13.0%12.2%-6.6%
P/E Multiple14.314.83.7%
Shares Outstanding (Mil)3973970.1%
Cumulative Contribution-3.1%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 5/1/2026
ReturnCorrelation
WRB-3.1% 
Market (SPY)3.6%-6.8%
Sector (XLF)-2.3%7.8%

Fundamental Drivers

The -5.3% change in WRB stock from 10/31/2025 to 5/1/2026 was primarily driven by a -6.4% change in the company's P/E Multiple.
(LTM values as of)103120255012026Change
Stock Price ($)70.1366.38-5.3%
Change Contribution By: 
Total Revenues ($ Mil)14,24014,6402.8%
Net Income Margin (%)12.4%12.2%-1.7%
P/E Multiple15.814.8-6.4%
Shares Outstanding (Mil)3973970.1%
Cumulative Contribution-5.3%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 5/1/2026
ReturnCorrelation
WRB-5.3% 
Market (SPY)5.5%-5.2%
Sector (XLF)-0.0%17.1%

Fundamental Drivers

The -4.9% change in WRB stock from 4/30/2025 to 5/1/2026 was primarily driven by a -6.5% change in the company's P/E Multiple.
(LTM values as of)43020255012026Change
Stock Price ($)69.8366.38-4.9%
Change Contribution By: 
Total Revenues ($ Mil)13,69114,6406.9%
Net Income Margin (%)12.8%12.2%-5.2%
P/E Multiple15.814.8-6.5%
Shares Outstanding (Mil)3983970.3%
Cumulative Contribution-4.9%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2025 to 5/1/2026
ReturnCorrelation
WRB-4.9% 
Market (SPY)30.4%2.2%
Sector (XLF)8.1%29.7%

Fundamental Drivers

The 82.7% change in WRB stock from 4/30/2023 to 5/1/2026 was primarily driven by a 42.9% change in the company's P/E Multiple.
(LTM values as of)43020235012026Change
Stock Price ($)36.3366.3882.7%
Change Contribution By: 
Total Revenues ($ Mil)11,21714,64030.5%
Net Income Margin (%)12.3%12.2%-1.3%
P/E Multiple10.414.842.9%
Shares Outstanding (Mil)394397-0.8%
Cumulative Contribution82.7%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2023 to 5/1/2026
ReturnCorrelation
WRB82.7% 
Market (SPY)78.7%16.8%
Sector (XLF)64.3%42.0%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
WRB Return27%34%0%28%23%-5%157%
Peers Return39%13%5%25%14%-3%127%
S&P 500 Return27%-19%24%23%16%5%92%

Monthly Win Rates [3]
WRB Win Rate50%58%50%67%67%50% 
Peers Win Rate63%58%60%65%62%35% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
WRB Max Drawdown-7%-1%-23%0%-3%-8% 
Peers Max Drawdown-2%-10%-21%-1%-9%-12% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 

[1] Cumulative total returns since the beginning of 2021
[2] Peers: TRV, MET, AIG, HIG, PRU. See WRB Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/1/2026 (YTD)

How Low Can It Go

EventWRBS&P 500
2023 SVB Regional Banking Crisis
  % Loss-18.5%-6.7%
  % Gain to Breakeven22.8%7.1%
  Time to Breakeven154 days31 days
2020 COVID-19 Crash
  % Loss-45.3%-33.7%
  % Gain to Breakeven83.0%50.9%
  Time to Breakeven381 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-11.4%-19.2%
  % Gain to Breakeven12.9%23.7%
  Time to Breakeven42 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-17.5%-12.2%
  % Gain to Breakeven21.3%13.9%
  Time to Breakeven157 days62 days
2013 Taper Tantrum
  % Loss-10.9%-0.2%
  % Gain to Breakeven12.2%0.2%
  Time to Breakeven79 days1 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-15.1%-17.9%
  % Gain to Breakeven17.8%21.8%
  Time to Breakeven74 days123 days

Compare to TRV, MET, AIG, HIG, PRU

In The Past

WR Berkley's stock fell -0.7% during the 2025 US Tariff Shock. Such a loss loss requires a 0.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventWRBS&P 500
2020 COVID-19 Crash
  % Loss-45.3%-33.7%
  % Gain to Breakeven83.0%50.9%
  Time to Breakeven381 days140 days
2008-2009 Global Financial Crisis
  % Loss-38.9%-53.4%
  % Gain to Breakeven63.6%114.4%
  Time to Breakeven68 days1085 days

Compare to TRV, MET, AIG, HIG, PRU

In The Past

WR Berkley's stock fell -0.7% during the 2025 US Tariff Shock. Such a loss loss requires a 0.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About WR Berkley (WRB)

W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writer in the United States and internationally. It operates in two segments, Insurance and Reinsurance & Monoline Excess. The Insurance segment underwrites commercial insurance business, including premises operations, commercial automobile, property, products liability, and general and professional liability lines. It also provides workers' compensation insurance products; accident and health insurance and reinsurance products; insurance for commercial risks; specialty environmental products for contractors, consultants, and property owners and facilities operators; specialized insurance coverages for fine arts and jewelry exposures; umbrella and excess liability coverage products; and liquor liability and inland marine coverage for small to medium-sized insureds. In addition, this segment offers directors and officers, and surety risk products, as well as products for technology, and life sciences and travel industries; cyber risk solutions; casualty, group life, and crime and fidelity related insurance products; personal lines insurance solutions, including home, condo/co-op, auto, and collectibles; automobile, law enforcement, public officials and educator's legal, and employment practices liability, as well as incidental medical insurance products; and at-risk and alternative risk insurance program management services. The Reinsurance & Monoline Excess segment provides other insurance companies and self-insureds with assistance in managing their net risk through reinsurance on a portfolio basis through treaty reinsurance or on an individual basis through facultative reinsurance. W. R. Berkley Corporation was founded in 1967 and is based in Greenwich, Connecticut.

AI Analysis | Feedback

  • Think of it as a **Chubb**, but with an added significant reinsurance business for other insurers.
  • It's a diversified insurance company and reinsurer, much like the combined operations of **GEICO** and **General Re** under **Berkshire Hathaway**, but specializing in commercial and specialty lines.

AI Analysis | Feedback

  • Commercial Property & Casualty Insurance: Provides various commercial insurance lines including property, automobile, general liability, and professional liability.
  • Workers' Compensation Insurance: Offers insurance products designed to cover workers' compensation claims.
  • Specialty Commercial Insurance: Includes specialized coverages for environmental risks, fine arts and jewelry, liquor liability, and inland marine.
  • Directors & Officers (D&O) & Professional Liability Insurance: Provides coverage for directors and officers, public officials, educators, and employment practices liability.
  • Umbrella & Excess Liability Insurance: Offers additional layers of liability coverage beyond primary policies.
  • Industry-Specific & Cyber Insurance: Develops tailored insurance solutions for technology, life sciences, travel industries, and cyber risks.
  • Personal Lines Insurance: Provides insurance for individuals covering homes, condominiums, automobiles, and collectibles.
  • Surety & Fidelity Insurance: Offers surety bonds and insurance products related to crime and fidelity.
  • Accident & Health Insurance: Underwrites accident and health insurance products.
  • Reinsurance Services: Assists other insurance companies and self-insureds in managing their net risk through treaty and facultative reinsurance.
  • Alternative Risk Program Management: Offers services for managing at-risk and alternative risk insurance programs.

AI Analysis | Feedback

W. R. Berkley Corporation (WRB) primarily sells its products and services to other companies rather than individuals. Due to the broad nature of its commercial and reinsurance operations and client confidentiality, specific major customer company names are not publicly disclosed. However, its major customer categories include:

  • Other Insurance Companies: Through its Reinsurance & Monoline Excess segment, WRB provides treaty and facultative reinsurance to other insurance companies, assisting them in managing their net risk.
  • Commercial Businesses Across Various Sectors: The company's Insurance segment offers a wide array of commercial insurance products to businesses in diverse industries. This includes, but is not limited to, contractors, consultants, property owners and facilities operators (for specialty environmental products), small to medium-sized insureds (for liquor liability and inland marine), and companies within the technology, life sciences, and travel industries. They also serve businesses requiring general liability, commercial automobile, property, workers' compensation, directors and officers (D&O), surety, and cyber risk solutions.
  • Self-Insured Entities: In addition to other insurance companies, the Reinsurance & Monoline Excess segment also provides assistance to self-insured organizations in managing their risk exposures.

AI Analysis | Feedback

null

AI Analysis | Feedback

William R. Berkley, Executive Chairman

William R. Berkley founded W. R. Berkley Corporation in 1967 and currently serves as its Executive Chairman.

W. Robert Berkley, Jr., President and Chief Executive Officer

W. Robert Berkley, Jr. has served as President and Chief Executive Officer of W. R. Berkley Corporation since October 31, 2015, and has been with the company for 24 years.

Richard M. Baio, Executive Vice President, Chief Financial Officer

Richard M. Baio has been the Chief Financial Officer and Senior Vice President of W. R. Berkley Corporation since May 25, 2016, and its Treasurer since May 2009. He has over 19 years of experience in the insurance and financial services industry, including serving a significant portion of his career in public accounting advising the insurance industry. Prior to joining W. R. Berkley Corporation, he was a director in Merrill Lynch & Co.'s financial institutions investment banking group and a partner in Ernst & Young's insurance practice.

Lucille T. Sgaglione, Executive Vice President

Lucille T. Sgaglione has served as an Executive Vice President of W.R. Berkley Corporation since December 22, 2015, and has 11 years of service with the company.

James G. Shiel, Executive Vice President, Investments

James G. Shiel has been Executive Vice President of Investments at W. R. Berkley Corporation, with 34 years of service.

AI Analysis | Feedback

The key risks to W. R. Berkley Corporation (WRB) include:

1. Underwriting Risks from Social Inflation, Reserve Adequacy, and Reinsurance Market Discipline

W. R. Berkley faces significant underwriting challenges, particularly from "social inflation," which refers to increasing litigation costs, larger jury awards, and rising medical expenses, notably impacting workers' compensation and auto liability lines. The CEO has also expressed concern over the lack of discipline and sluggish response to these challenges in the casualty reinsurance market, leading the company to reduce its casualty reinsurance premiums. Furthermore, analysts have highlighted W. R. Berkley's reserve position as potentially being among the worst in its peer group, with a negative impact on statutory surplus from Ongoing Loss Occurrence (OLO) deficiency, which could substantially risk future earnings and potentially necessitate reserve strengthening.

2. Fluctuations in Interest Rates

As an insurance holding company, W. R. Berkley's investment income is a substantial contributor to its overall profitability. While higher interest rates have recently boosted investment returns, a significant and rapid decrease in interest rates could negatively impact the company's net income by reducing the yields earned on its fixed-income portfolios.

3. Competitive Pressures and Market Cyclicality

The insurance industry is inherently cyclical, and W. R. Berkley operates within a competitive landscape. There is intensifying competition in the excess and surplus (E&S) market, and competitiveness is increasing in the property reinsurance sector, potentially leading to lower rates for property catastrophe risks. This competitive environment, combined with the risk of rate deceleration if loss-cost trends remain elevated, could test pricing discipline and impact the company's ability to maintain underwriting margins in a softening market.

AI Analysis | Feedback

The clear emerging threat for W. R. Berkley is the rapid advancement and proliferation of **Insurtech companies**.

These technology-driven startups and innovative firms leverage big data, artificial intelligence, machine learning, and advanced analytics to disrupt traditional insurance models. They offer new ways of underwriting risks, personalizing policies, automating claims processing, and distributing insurance products, often directly to consumers through digital platforms. This can lead to:

  • **Erosion of Market Share:** Insurtechs can attract customers, particularly digitally native generations, by offering more convenient, faster, and often more personalized insurance solutions.
  • **Competitive Pressure on Pricing and Margins:** Their lower operating costs, enabled by automation and efficient data utilization, can allow them to offer more competitive premiums, forcing traditional insurers to adapt or risk losing market share and profitability.
  • **Disruption of Traditional Distribution Channels:** By offering direct-to-consumer models, Insurtechs can bypass established agent and broker networks, challenging the traditional sales and distribution strategies relied upon by companies like W. R. Berkley.
  • **"Cherry-Picking" of Low-Risk Customers:** With sophisticated data analysis, Insurtechs may be better equipped to identify and price for lower-risk customer segments, potentially leaving traditional insurers with a higher concentration of less profitable or higher-risk profiles.

AI Analysis | Feedback

For W. R. Berkley Corporation, the addressable markets for their main products and services are sized as follows:

  • U.S. Property & Casualty (P&C) Insurance Market: This broad market encompasses many of W. R. Berkley's commercial and personal lines offerings. The U.S. P&C insurance market reached approximately $1.05 trillion in direct written premiums in 2024. The market is estimated to be around USD 1.14 trillion in 2026.
  • U.S. Workers' Compensation Insurance Market: In 2024, the direct premiums written in the U.S. workers' compensation market amounted to approximately $57.48 billion.
  • Reinsurance Market:
    • Global: The global reinsurance market was valued at approximately USD 581.3 billion in 2024 and USD 711.75 billion in 2024.
    • U.S.: The U.S. reinsurance market generated approximately USD 137.7 billion in revenue in 2025.
  • U.S. Cyber Insurance Market: The U.S. cyber insurance market had a direct written premium of approximately $9.14 billion in 2024.
  • U.S. Accident and Health (A&H) Insurance Market: The U.S. health insurance market, which includes accident and health, was valued at USD 469.8 billion in 2025.
  • U.S. Personal Lines Insurance Market: As a segment of the U.S. P&C market, personal lines of business (including homeowners and private auto) reached $534.92 billion in 2024.

AI Analysis | Feedback

W. R. Berkley Corporation (WRB) is expected to drive future revenue growth over the next 2-3 years through several key strategies:

  1. Growth in Net Premiums Written and Underwriting Income: The company has consistently emphasized profitable growth by maintaining rate adequacy and underwriting discipline across its insurance and reinsurance segments. This has led to accelerated growth in net premiums written, and the company's flexibility to adjust its businesses according to specific market conditions is considered a competitive advantage. Average rate increases, excluding workers' compensation, were approximately 7.1% in Q4 2025 and 7.6% for the full year 2025.
  2. Increasing Net Investment Income: W. R. Berkley is well-positioned for continued growth in investment income due to higher new money rates compared to its book yield and robust operating cash flows that lead to an expanding investable asset base. The company reported record net investment income of $1.4 billion for the full year 2025.
  3. Expansion in Niche and Specialty Markets: The company's strategy involves a continued focus on its diverse portfolio of niche and specialty insurance products. This includes growth in specialty markets and successful diversification, which are key components of its operational approach.
  4. Investments in Artificial Intelligence and Technology: W. R. Berkley is actively investing in AI and other technologies to enhance operational efficiencies and drive future growth. These investments are anticipated to yield benefits by 2027.

AI Analysis | Feedback

Share Repurchases

  • W. R. Berkley Corporation increased its share repurchase authorization to 25 million shares of common stock on January 8, 2026.
  • The company repurchased approximately $270.2 million of its shares during 2025.
  • In 2024, share repurchases totaled approximately $196.4 million.

Share Issuance

  • W. R. Berkley Corporation has seen a consistent decline in shares outstanding over the last few years, with a 0.83% decrease in 2025 from 2024, and a 1.64% decrease in 2024 from 2023, indicating a focus on share repurchases rather than significant issuances.

Inbound Investments

  • Mitsui Sumitomo Insurance Co., Ltd. completed the acquisition of a 15% minority shareholding in W. R. Berkley Corporation's common stock.
  • The shares acquired by Mitsui Sumitomo were purchased on the secondary market from public shareholders, not directly from W. R. Berkley Corporation or its founding family.
  • This investment followed investment and voting agreements between Mitsui Sumitomo and the W. R. Berkley founding family, signed on March 28, 2025, which cover board representation and voting matters.

Latest Trefis Analyses

TitleDate
0DASHBOARDS 
1WR Berkley Stock In Shambles: Down 6.3% With 6-Day Losing Streak03/26/2026
2WR Berkley Stock 6-Day Losing Spree: Stock Falls 14%12/09/2025
3Would You Still Hold WR Berkley Stock If It Fell Another 30%?10/17/2025
4Day 7 of Loss Streak for WR Berkley Stock with -6.2% Return (vs. 19% YTD) [7/11/2025]07/12/2025
5WRB Dip Buy Analysis07/10/2025
6WR Berkley Total Shareholder Return (TSR): 29.7% in 2024 and 21.5% 3-yr compounded annual returns (above peer average)03/07/2025
7WR Berkley (WRB) Operating Cash Flow Comparison02/17/2025
8WR Berkley (WRB) Net Income Comparison02/16/2025
9WR Berkley vs. S&P500 Correlation10/03/2024
10WR Berkley Price Volatility09/24/2024
11ARTICLES 
12WR Berkley Stock In Shambles: Down -6.3% With 6-Day Losing Streak03/26/2026
13WR Berkley Stock In Shambles: Down -14% With 6-Day Losing Streak12/09/2025
14S&P 500 Movers | Winners: INTC, SNPS, APP | Losers: WRB, PODD, BBY12/02/2025
15Mid Cap Stocks Trading At 52-Week High09/30/2025
16WRB Stock Down -6.2% after 7-Day Loss Streak07/12/2025
Title
0DASHBOARDS
1WR Berkley Stock In Shambles: Down 6.3% With 6-Day Losing Streak
2WR Berkley Stock 6-Day Losing Spree: Stock Falls 14%
3Would You Still Hold WR Berkley Stock If It Fell Another 30%?
4Day 7 of Loss Streak for WR Berkley Stock with -6.2% Return (vs. 19% YTD) [7/11/2025]
5WRB Dip Buy Analysis
6WR Berkley Total Shareholder Return (TSR): 29.7% in 2024 and 21.5% 3-yr compounded annual returns (above peer average)
7WR Berkley (WRB) Operating Cash Flow Comparison
8WR Berkley (WRB) Net Income Comparison
9WR Berkley vs. S&P500 Correlation
10WR Berkley Price Volatility
11ARTICLES
12WR Berkley Stock In Shambles: Down -6.3% With 6-Day Losing Streak
13WR Berkley Stock In Shambles: Down -14% With 6-Day Losing Streak
14S&P 500 Movers | Winners: INTC, SNPS, APP | Losers: WRB, PODD, BBY
15Mid Cap Stocks Trading At 52-Week High
16WRB Stock Down -6.2% after 7-Day Loss Streak

Trade Ideas

Select ideas related to WRB.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
EEFT_4302026_Dip_Buyer_ValueBuy04302026EEFTEuronet WorldwideDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		0.0%0.0%0.0%
HOMB_4242026_Insider_Buying_GTE_1Mil_EBITp+DE_V204242026HOMBHome BancSharesInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap		1.5%1.5%0.0%
HBAN_3312026_Insider_Buying_45D_2Buy_200K03312026HBANHuntington BancsharesInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days		7.1%7.1%0.0%
NP_3312026_Insider_Buying_45D_2Buy_200K03312026NPNeptune InsuranceInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days		3.9%3.9%0.0%
JKHY_3272026_Monopoly_xInd_xCD_Getting_Cheaper03272026JKHYJack Henry & AssociatesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		0.3%0.3%-4.0%
WRB_12262025_Insider_Buying_GTE_1Mil_EBITp+DE_V212262025WRBWR BerkleyInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap		-5.2%-5.2%-8.5%

Recent Active Movers

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons

Peers to compare with:

Financials

WRBTRVMETAIGHIGPRUMedian
NameWR Berkl.Traveler.MetLife American.Hartford.Prudenti. 
Mkt Price66.38304.7280.2378.77135.8198.6289.43
Mkt Cap26.365.652.842.637.534.440.0
Rev LTM14,64048,94275,61126,77428,45160,96738,696
Op Inc LTM-------
FCF LTM3,41311,44417,0923,3145,8206,2716,046
FCF 3Y Avg3,2879,52615,1374,2775,2297,0946,162
CFO LTM3,58311,44417,0923,3145,9826,2716,126
CFO 3Y Avg3,3979,52615,1374,2775,4087,0946,251

Growth & Margins

WRBTRVMETAIGHIGPRUMedian
NameWR Berkl.Traveler.MetLife American.Hartford.Prudenti. 
Rev Chg LTM6.9%4.1%7.6%-1.8%6.3%-13.7%5.2%
Rev Chg 3Y Avg9.3%9.1%3.9%-3.3%8.2%3.9%6.1%
Rev Chg Q-0.1%1.0%25.0%-8.6%5.6%24.1%3.3%
QoQ Delta Rev Chg LTM-0.0%0.2%6.6%-2.2%1.4%5.2%0.8%
Op Inc Chg LTM-------
Op Inc Chg 3Y Avg-------
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM24.5%23.4%22.6%12.4%21.0%10.3%21.8%
CFO/Rev 3Y Avg25.2%20.5%21.2%14.6%20.2%11.4%20.3%
FCF/Rev LTM23.3%23.4%22.6%12.4%20.5%10.3%21.5%
FCF/Rev 3Y Avg24.4%20.5%21.2%14.6%19.5%11.4%20.0%

Valuation

WRBTRVMETAIGHIGPRUMedian
NameWR Berkl.Traveler.MetLife American.Hartford.Prudenti. 
Mkt Cap26.365.652.842.637.534.440.0
P/S1.81.30.71.61.30.61.3
P/Op Inc-------
P/EBIT10.96.69.210.07.2-9.2
P/E14.88.615.613.89.29.611.7
P/CFO7.45.73.112.96.35.56.0
Total Yield9.4%12.3%9.3%9.6%12.5%16.0%10.9%
Dividend Yield2.7%0.7%2.9%2.3%1.6%5.6%2.5%
FCF Yield 3Y Avg14.2%16.2%28.9%9.2%15.1%17.9%15.7%
D/E0.10.10.40.20.10.70.2
Net D/E-0.9-1.4-1.9-0.7-0.5-1.5-1.1

Returns

WRBTRVMETAIGHIGPRUMedian
NameWR Berkl.Traveler.MetLife American.Hartford.Prudenti. 
1M Rtn1.7%4.9%12.7%4.2%0.9%0.7%3.0%
3M Rtn-3.1%7.5%2.4%5.8%1.0%-10.0%1.7%
6M Rtn-5.3%14.3%2.0%0.9%10.3%-2.6%1.4%
12M Rtn-4.3%18.4%9.0%-0.4%13.3%2.1%5.6%
3Y Rtn84.4%78.4%48.1%62.0%103.9%37.2%70.2%
1M Excs Rtn-8.3%-5.1%2.8%-5.7%-9.1%-9.3%-7.0%
3M Excs Rtn-7.3%3.3%-1.8%1.6%-3.2%-14.2%-2.5%
6M Excs Rtn-10.4%9.7%-1.0%-2.8%7.0%-4.8%-1.9%
12M Excs Rtn-34.8%-12.6%-20.2%-31.0%-17.3%-28.7%-24.5%
3Y Excs Rtn9.4%4.1%-28.8%-12.6%31.7%-41.3%-4.3%

Comparison Analyses

null

Financials

Segment Financials

Assets by Segment
$ Mil20252024202320222021
Insurance32,91229,92327,01224,40421,702
Reinsurance & Monoline Excess5,6705,5455,1964,9184,654
Corporate, other and eliminations1,8671,6431,6072,7262,215
Total40,44937,11233,81532,04828,572


Price Behavior

Price Behavior
Market Price$66.38 
Market Cap ($ Bil)26.3 
First Trading Date09/07/1984 
Distance from 52W High-13.9% 
   50 Days200 Days
DMA Price$67.68$70.16
DMA Trendindeterminatedown
Distance from DMA-1.9%-5.4%
 3M1YR
Volatility21.9%20.6%
Downside Capture-0.060.00
Upside Capture-20.29-4.54
Correlation (SPY)-7.6%2.1%
WRB Betas & Captures as of 4/30/2026

 1M2M3M6M1Y3Y
Beta0.230.05-0.11-0.090.040.24
Up Beta0.08-0.05-0.030.110.250.33
Down Beta-2.03-0.33-0.03-0.20-0.090.15
Up Capture21%-7%-18%-16%-3%10%
Bmk +ve Days15223166141428
Stock +ve Days12193265131409
Down Capture230%49%-15%-9%2%29%
Bmk -ve Days4183056108321
Stock -ve Days10233058119337

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with WRB
WRB-5.0%20.6%-0.35-
Sector ETF (XLF)8.2%14.7%0.3229.7%
Equity (SPY)30.6%12.5%1.882.2%
Gold (GLD)39.5%27.2%1.20-0.4%
Commodities (DBC)51.5%17.9%2.20-0.1%
Real Estate (VNQ)13.1%13.5%0.6729.4%
Bitcoin (BTCUSD)-18.2%42.1%-0.36-5.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with WRB
WRB16.1%22.7%0.61-
Sector ETF (XLF)9.8%18.7%0.4052.9%
Equity (SPY)12.8%17.1%0.5931.6%
Gold (GLD)20.5%17.9%0.941.2%
Commodities (DBC)14.3%19.1%0.6110.7%
Real Estate (VNQ)3.5%18.8%0.0933.5%
Bitcoin (BTCUSD)7.4%56.1%0.356.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with WRB
WRB17.6%24.4%0.67-
Sector ETF (XLF)12.6%22.2%0.5267.5%
Equity (SPY)14.9%17.9%0.7153.5%
Gold (GLD)13.6%15.9%0.71-0.6%
Commodities (DBC)9.7%17.7%0.4618.6%
Real Estate (VNQ)5.7%20.7%0.2454.6%
Bitcoin (BTCUSD)67.4%66.9%1.078.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date4152026
Short Interest: Shares Quantity18.4 Mil
Short Interest: % Change Since 3312026-8.7%
Average Daily Volume1.7 Mil
Days-to-Cover Short Interest11.2 days
Basic Shares Quantity396.7 Mil
Short % of Basic Shares4.6%

Returns Analyses

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
4/21/20263.2%2.6% 
1/26/20260.5%1.3%7.2%
10/20/20252.1%2.4%5.5%
7/21/20251.1%0.3%5.5%
4/21/20255.2%5.0%9.2%
1/27/20250.2%0.5%3.7%
10/21/2024-4.1%-4.3%-1.4%
7/22/20240.8%4.1%10.7%
...
SUMMARY STATS   
# Positive121418
# Negative13116
Median Positive3.1%2.5%5.5%
Median Negative-2.9%-2.8%-5.2%
Max Positive7.2%9.3%13.1%
Max Negative-9.2%-8.8%-9.0%

SEC Filings

Expand for More
Report DateFiling DateFiling
12/31/202502/27/202610-K
09/30/202511/03/202510-Q
06/30/202508/04/202510-Q
03/31/202505/02/202510-Q
12/31/202402/24/202510-K
09/30/202411/04/202410-Q
06/30/202408/02/202410-Q
03/31/202405/03/202410-Q
12/31/202302/23/202410-K
09/30/202311/03/202310-Q
06/30/202308/03/202310-Q
03/31/202305/04/202310-Q
12/31/202202/24/202310-K
09/30/202211/04/202210-Q
06/30/202208/02/202210-Q
03/31/202205/03/202210-Q

Recent Forward Guidance [BETA]

Latest: Q1 2026 Earnings Reported 4/21/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 After-tax Return on Equity 0.15 00AffirmedGuidance: 0.15 for 2026

Prior: Q4 2025 Earnings Reported 1/26/2026

null

Insider Activity

Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value		Value of
Held Shares		Form
1Mitsui, Sumitomo Insurance CO Ltd DirectBuy303202672.20112,1768,099,2584,244,027,425Form
2Mitsui, Sumitomo Insurance CO Ltd DirectBuy303202672.92146,00010,645,7474,277,860,288Form
3Mitsui, Sumitomo Insurance CO Ltd DirectBuy227202671.63147,00010,528,9634,191,692,989Form
4Mitsui, Sumitomo Insurance CO Ltd DirectBuy227202671.67153,00010,965,3524,183,695,686Form
5Mitsui, Sumitomo Insurance CO Ltd DirectBuy225202671.42168,86812,061,2104,158,461,554Form

Industry Resources

External Quote Links


Prefer one of these to Trefis? Tell us why.