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/WRB
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W R Berkley Corp

W R Berkley Corp

WRB
$71.61USD↑+2.45%+1.71 today

MARKET CAP

26.7B

P/E (TTM)

15.6x

FWD P/E

15.2x

DAY RANGE

$71 – $72

52W RANGE

$63
$79

AI Summary

Stalk
StalkMedium

WRB is in a Stage 2 advancing regime within its long-term uptrend. Medium-term structure remains bullish with rising EMAs and higher highs and lows, but a recent support failure and pullback below the 9 and 21 EMAs signal unfavorable timing. Execution should be deferred, stalking for pullbacks into the rising 50-day moving average or prior support zones. Primary risks include further breach of the 50 DMA, supply acceleration from the support failure pattern, and inability to reclaim short-term EMAs.

  • ↑Q1 net income reached $515M with 21.2% ROE
  • ↑Combined ratio of 90.7% reflects disciplined underwriting
  • ↓Intensifying MGA and carrier competition pressures pricing
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

W. R. Berkley Corporation (NYSE: WRB) operates as a leading property and casualty insurance company specializing in commercial lines. The company provides innovative insurance products through various segments including reinsurance, specialty insurance, and monoline excess lines, positioning itself at the forefront of a rapidly evolving market landscape. W. R. Berkley's focus on disciplined underwriting and a diversified portfolio enables it to maintain a solid competitive edge amid cyclical market dynamics and increasing competitive pressures.

Bull says

  • ↑Q1 net income reached $515M with 21.2% ROE
  • ↑Combined ratio of 90.7% reflects disciplined underwriting
  • ↑Net investment income rose 12.2% to $404M
  • ↑36 consecutive years of dividends, yielding 7.93%
  • ↑Specialty lines expansion targets higher-margin niches
  • ↑Healthy balance sheet supports reliable income, low volatility

Bear says

  • ↓Intensifying MGA and carrier competition pressures pricing
  • ↓Downward earnings revisions indicate weakening growth outlook
  • ↓Investment income vulnerable to interest rate swings
  • ↓Higher tech investments may raise expense ratios
  • ↓Tariff and regulatory shifts could increase operational costs
  • ↓Liquidity constraints and elevated short interest pose risks

Investment themes with WRB

High Dividend Yield↑ +0.32%

Companies paying above-average dividends

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Quality↑ +0.54%

Companies with strong fundamentals and stability

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L&H Insurance↑ +0.32%

PGR · TRV · ALL
P&C Insurance↑ +0.32%

TRV · CB · AON

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 04-23-2026neutral

Transcript signals

Bull points

  • As far as Berkeley Edge, they are up, they are running, and they are off to a good start.
  • growth that we are experiencing is premium, not unit growth or exposure growth. So the rate that we are taking far exceeds the growth rate.
  • the growth that we are experiencing is premium, not unit growth or exposure growth. So the rate that we are taking far exceeds the growth rate.

Bear points

  • relative to the overall size of the group, while we look forward to their meaningful contributions, It's not likely in the short run that they are going to get enough traction to move the needle for the group on their own.
  • A lot of the lion's share of what we're losing would be a treaty reinsurance business. And it's due to how we think about appropriate pricing.
  • Someone else coming in with the capital or the sedent is... looking for better terms than we're prepared to offer, and maybe they choose to keep it.
Read full transcript analysis ›