W.R. Berkley Fourth Quarter Up 28%
NU Online News Service, Feb. 12, 2:53 p.m. EST?Greenwich, Conn.-based insurance company W.R. Berkley Corporation reported its combined ratio dropped nearly four points as 2003 fourth-quarter net income rose 28 percent.[@@]
Fourth-quarter net increased $20 million, going from $73 million, or 88 cents a share, to $93 million, or $1.07 a share. Net premiums written rose $176 million, from $787 million to $963 million.
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