W.R. Berkley Q2 Review: Strong Results Are Priced In
Summary
W.R. Berkley remains a well-run insurer with disciplined underwriting, strong margins, and a conservative investment por...
W.R. Berkley remains a well-run insurer with disciplined underwriting, strong margins, and a conservative investment portfolio supporting stable earnings growth. Premium growth is slowing due to increased competition and weaker pricing, but underwriting margins should remain stable and investment income will benefit from higher yields. Mitsui's ongoing stake acquisition and the Berkley family's large ownership support the share price, but the stock already trades at a full valuation.