Last 7 days
-2.6%
Last 30 days
-2.1%
Last 90 days
-15.4%
Trailing 12 Months
-19.2%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
PGR | 80.9B | 52.1B | -4.00% | 10.00% | 112.13 | 1.63 | 6.08% | -60.84% |
TRV | 39.8B | 37.8B | -2.45% | 0.63% | 14.22 | 1.05 | 6.99% | -29.09% |
AIG | 39.6B | 51.6B | 6.42% | -4.08% | 3.86 | 0.7 | -3.37% | -38.13% |
ALL | 28.8B | 52.9B | -3.97% | -15.88% | -12.04 | 0.54 | 4.73% | -167.90% |
RE | 24.5B | 12.4B | -5.12% | 26.78% | 41.05 | 1.97 | 3.58% | -56.71% |
HIG | 23.3B | 22.9B | 0.31% | -2.34% | 11.93 | 1.05 | 1.76% | -25.56% |
Y | 11.4B | - | 0.57% | 29.95% | 32.11 | 0.97 | - | - |
AFG | 9.7B | 7.2B | -4.93% | -11.85% | 11.83 | 1.35 | 8.46% | -56.06% |
MID-CAP | ||||||||
RNR | 8.3B | 6.5B | -8.64% | 24.01% | -80.86 | 1.27 | 18.12% | 27.70% |
ESGR | 3.9B | 1.6B | 3.06% | 6.01% | -21.91 | 2.4 | - | -308.14% |
SMALL-CAP | ||||||||
HMN | 1.4B | 1.4B | -0.16% | -25.99% | -529.92 | 1 | 2.59% | -108.90% |
PLMR | 1.2B | 338.2M | -4.28% | -23.19% | 21.71 | 3.53 | 22.24% | 25.58% |
PRA | 990.7M | 1.1B | -31.02% | -46.30% | -2.5K | 0.9 | -7.68% | -102.27% |
JRVR | 758.8M | 847.3M | 6.72% | -22.00% | 24.98 | 0.9 | 7.01% | 151.37% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Revenue | -0.2% | 11,146 | 11,166 | 10,731 | 10,431 | 10,214 |
Operating Expenses | 3.6% | 9,783 | 9,447 | 9,135 | 8,789 | 8,495 |
EBITDA | 5.5% | 1,906 | 1,806 | 1,877 | 1,986 | - |
EBITDA Margin | 1.4% | 0.17* | 0.17* | 0.18* | 0.19* | - |
Earnings Before Taxes | -20.7% | 1,363 | 1,720 | 1,596 | 1,642 | 1,719 |
EBT Margin | 3.6% | 0.15* | 0.15* | 0.16* | 0.17* | - |
Interest Expenses | -2.4% | 127 | 130 | 136 | 139 | 146 |
Net Income | -21.5% | 1,085 | 1,381 | 1,293 | 1,326 | 1,384 |
Net Income Margin | 2.6% | 0.12* | 0.12* | 0.13* | 0.14* | - |
Free Cahsflow | 5.6% | 2,569 | 2,433 | 2,494 | 2,351 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Assets | 1.3% | 34,296 | 33,861 | 33,077 | 32,692 | 32,251 |
Cash Equivalents | -14.3% | 1,242 | 1,449 | 1,131 | 1,317 | 2,115 |
Net PPE | -0.5% | 421 | 423 | 414 | 415 | 418 |
Goodwill | 0% | 186 | 186 | 170 | 170 | 170 |
Liabilities | 0.9% | 27,330 | 27,093 | 26,707 | 26,156 | 25,363 |
Shareholder's Equity | 2.9% | 6,944 | 6,748 | 6,346 | 6,514 | 6,865 |
Retained Earnings | 1.3% | 10,297 | 10,161 | 9,805 | 9,603 | 9,583 |
Additional Paid-In Capital | 1.1% | 1,008 | 998 | 985 | 1,001 | 992 |
Shares Outstanding | -0.8% | 263 | 265 | 266 | 265 | 265 |
Minority Interest | 9.0% | 22.00 | 20.00 | 24.00 | 22.00 | 23.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Cashflow From Operations | -1.3% | 2,536 | 2,569 | 2,433 | 2,494 | 2,351 |
Share Based Compensation | 0.7% | 50.00 | 49.00 | 46.00 | 48.00 | 46.00 |
Cashflow From Investing | -46.4% | -2,769 | -1,891 | -2,498 | -2,377 | -1,275 |
Cashflow From Financing | 20.2% | -616 | -771 | -851 | -568 | -973 |
Dividend Payments | 57.7% | 371 | 235 | 382 | 357 | 357 |
Buy Backs | 143.6% | 229 | 94.00 | 7.00 | 93.00 | 93.00 |
23.5%
18.5%
18.1%
Y-axis is the maximum loss one would have experienced if W R Berkley was unfortunately bought at previous high price.
14.1%
14.5%
12.6%
15.2%
FIve years rolling returns for W R Berkley.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-05-23 | Capital Impact Advisors, LLC | sold off | -100 | -216,476 | - | -% |
2023-05-23 | MOUNTAIN PACIFIC INVESTMENT ADVISERS INC/ID | sold off | -100 | -205,736 | - | -% |
2023-05-23 | Toroso Investments, LLC | added | 128 | 1,047,000 | 2,138,000 | 0.04% |
2023-05-23 | Brookfield Corp /ON/ | added | 93.97 | 7,212,370 | 18,072,800 | 0.07% |
2023-05-22 | Raleigh Capital Management Inc. | reduced | -25.1 | -6,350 | 11,302 | 0.01% |
2023-05-22 | AMERIPRISE FINANCIAL INC | reduced | -1.63 | -3,515,430 | 19,025,600 | 0.01% |
2023-05-22 | American Trust | reduced | -24.58 | -147,028 | 269,524 | 0.02% |
2023-05-22 | PUTNAM INVESTMENTS LLC | reduced | -9.84 | -762,850 | 2,605,270 | -% |
2023-05-22 | FDx Advisors, Inc. | unchanged | - | - | 1,683,000 | 0.07% |
2023-05-19 | AMI INVESTMENT MANAGEMENT INC | reduced | -24.17 | -109,528 | 203,901 | 0.10% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 09, 2023 | vanguard group inc | 9.57% | 25,400,556 | SC 13G/A | |
Feb 01, 2023 | blackrock inc. | 5.4% | 14,366,687 | SC 13G/A | |
Feb 10, 2022 | morgan stanley | 5.3% | 9,317,556 | SC 13G/A | |
Feb 01, 2022 | blackrock inc. | 5.4% | 9,574,474 | SC 13G/A | |
Dec 10, 2021 | morgan stanley | 5.5% | 9,630,829 | SC 13G/A | |
Feb 12, 2021 | eaton vance management | 6.06% | 10,805,964 | SC 13G/A | |
Feb 12, 2021 | eaton vance management | 6.06% | 10,805,964 | SC 13G/A | |
Feb 10, 2021 | vanguard group inc | 8.82% | 15,723,551 | SC 13G/A | |
Feb 01, 2021 | blackrock inc. | 5.4% | 9,542,523 | SC 13G/A | |
Feb 13, 2020 | eaton vance management | 5.80% | 10,289,640 | SC 13G/A |
Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
---|---|---|---|---|---|
Very Low Inflation | 55.39 -1.35% | 65.52 16.69% | 87.42 55.69% | 154.59 175.32% | 202.10 259.93% |
Current Inflation | 51.22 -8.78% | 59.83 6.55% | 78.35 39.54% | 134.78 140.04% | 174.37 210.54% |
Very High Inflation | 46.03 -18.02% | 52.90 -5.79% | 67.57 20.34% | 111.93 99.34% | 142.73 154.19% |
Date Filed | Form Type | Document | |
---|---|---|---|
May 15, 2023 | 13F-HR | Fund Holdings Report | |
May 04, 2023 | 10-Q | Quarterly Report | |
Apr 28, 2023 | DEFA14A | DEFA14A | |
Apr 28, 2023 | DEF 14A | DEF 14A | |
Apr 28, 2023 | ARS | ARS | |
Apr 25, 2023 | 4 | Insider Trading | |
Apr 20, 2023 | 8-K | Current Report | |
Mar 01, 2023 | 8-K | Current Report | |
Feb 24, 2023 | 10-K | Annual Report |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-04-21 | Baio Richard Mark | acquired | 99,750 | 57.00 | 1,750 | evp & cfo |
2023-01-20 | Talisman Jonathan | acquired | 276 | 69.24 | 4.00 | - |
2022-12-23 | Talisman Jonathan | acquired | 73.28 | 73.28 | 1.00 | - |
2022-09-29 | Talisman Jonathan | acquired | 63.82 | 63.82 | 1.00 | - |
2022-08-15 | BERKLEY WILLIAM R JR | acquired | - | - | 99,374 | president and ceo |
2022-08-15 | Baio Richard Mark | acquired | - | - | 11,914 | evp & cfo |
2022-08-15 | Baio Richard Mark | sold (taxes) | -35,981 | 65.78 | -547 | evp & cfo |
2022-08-15 | Sgaglione Lucille T | acquired | - | - | 14,526 | evp |
2022-08-15 | Sgaglione Lucille T | sold (taxes) | -42,428 | 65.78 | -645 | evp |
2022-08-15 | Welt Philip S | sold (taxes) | -27,430 | 65.78 | -417 | evp, gc & secretary |
Consolidated Statements Income (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | |
REVENUES: | ||
Net premiums written | $ 2,574,824 | $ 2,413,254 |
Change in net unearned premiums | (83,392) | (164,167) |
Net premiums earned | 2,491,432 | 2,249,087 |
Net investment income | 223,398 | 173,512 |
Net realized and unrealized gains on investments | 22,611 | 369,882 |
Change in allowance for expected credit losses on investments | 399 | (3,617) |
Net investment gains | 23,010 | 366,265 |
Revenues from non-insurance businesses | 124,200 | 97,776 |
Insurance service fees | 32,857 | 27,951 |
Other income | 107 | 818 |
Total revenues | 2,895,004 | 2,915,409 |
OPERATING COSTS AND EXPENSES: | ||
Losses and loss expenses | 1,538,755 | 1,339,252 |
Other operating costs and expenses | 825,575 | 713,899 |
Expenses from non-insurance businesses | 122,767 | 94,855 |
Interest expense | 31,836 | 34,970 |
Total operating costs and expenses | 2,518,933 | 2,182,976 |
Income before income taxes | 376,071 | 732,433 |
Income tax expense | (80,342) | (139,403) |
Net income before noncontrolling interests | 295,729 | 593,030 |
Noncontrolling interests | (1,603) | (2,392) |
Net income to common stockholders | $ 294,126 | $ 590,638 |
NET INCOME PER SHARE: | ||
Basic (in dollar per share) | $ 1.07 | $ 2.13 |
Diluted (in dollar per share) | $ 1.06 | $ 2.12 |
Consolidated Balance Sheets Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Investments: | ||
Fixed maturity securities (amortized cost of $18,988,459 and $18,715,483; allowance for expected credit losses of $37,249 and $37,466 at March 31, 2023 and December 31, 2022, respectively) | $ 18,091,113 | $ 17,587,349 |
Investment funds | 1,601,567 | 1,608,548 |
Real estate | 1,338,504 | 1,340,622 |
Equity securities | 1,279,955 | 1,185,894 |
Arbitrage trading account | 609,001 | 944,230 |
Loans receivable (net of allowance for expected credit losses of $1,609 and $1,791 at March 31, 2023 and December 31, 2022, respectively) | 194,944 | 193,002 |
Total investments | 23,115,084 | 22,859,645 |
Cash and cash equivalents | 1,242,357 | 1,449,346 |
Premiums and fees receivable (net of allowance for expected credit losses of $32,353 and $30,660 at March 31, 2023 and December 31, 2022, respectively) | 2,814,504 | 2,779,244 |
Due from reinsurers (net of allowance for expected credit losses of $8,703 and $8,064 at March 31, 2023 and December 31, 2022, respectively) | 3,282,288 | 3,187,730 |
Deferred policy acquisition costs | 786,502 | 763,486 |
Prepaid reinsurance premiums | 701,295 | 696,468 |
Trading account receivables from brokers and clearing organizations | 583,970 | 233,863 |
Property, furniture and equipment | 421,102 | 423,232 |
Goodwill | 185,509 | 185,509 |
Accrued investment income | 181,342 | 166,784 |
Current and deferred federal and foreign income taxes | 205,291 | 333,774 |
Other assets | 776,820 | 736,022 |
Total assets | 34,296,064 | 33,815,103 |
Liabilities: | ||
Reserves for losses and loss expenses | 17,431,635 | 17,011,223 |
Unearned premiums | 5,385,886 | 5,297,654 |
Due to reinsurers | 539,333 | 523,131 |
Other liabilities | 1,137,055 | 1,377,740 |
Senior notes and other debt | 1,827,981 | 1,828,823 |
Subordinated debentures | 1,008,551 | 1,008,371 |
Total liabilities | 27,330,441 | 27,046,942 |
Equity: | ||
Perferred stock, par value $.10 per share: Authorized 5,000,000 shares; issued and outstanding - none | 0 | 0 |
Common stock, par value $.20 per share: Authorized 500,000,000 shares, issued and outstanding, net of treasury shares, 177,930,502 and 183,411,907 shares, respectively | 105,803 | 105,803 |
Additional paid-in capital | 1,008,128 | 997,534 |
Retained earnings | 10,296,539 | 10,161,005 |
Accumulated other comprehensive loss | (1,078,917) | (1,264,581) |
Treasury stock, at cost, 266,478,098 and 264,468,528 shares, respectively | (3,387,538) | (3,251,429) |
Total stockholders’ equity | 6,944,015 | 6,748,332 |
Noncontrolling interests | 21,608 | 19,829 |
Total equity | 6,965,623 | 6,768,161 |
Total liabilities and equity | $ 34,296,064 | $ 33,815,103 |