W.R. Berkley has solid Q2 as rate increases continue

W.R. Berkley Corp. reports Q2 net income of $180 million, up from $116 million in 2013s second quarter, as rate increases continued to outpace loss costs.

By Phil Gusman | Updated on July 29, 2014

W.R. Berkley Corp. reports Q2 net income of $180 million, up from $116 million in 2013’s second quarter, as rate increases continued to outpace loss costs.

Net premiums written increased to $1.5 billion in the quarter compared to $1.3 billion for the same period last year.

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