WR Berkley's Q3 income jumps 46% on underwriting and investment gains
US P&C insurer's underwriting result reflects a 10.5% rise in net written premiums to a record $2.85bn and a 35% fall in catastrophe losses to $61.5m, with gross written premiums up 8.8% to $3.35bn
WR Berkley’s near-50% increase in third-quarter income driven by a 35% increase in underwriting income and record quarterly earned investment income