The W.R. Berkley Corporation reported third-quarter net incomerose 42 percent, driven by a sharp rise in net investment incomeand a combined ratio of 88.
The Greenwich, Conn.-based property-casualty insurer reportednet income for the third quarter of $142 million, compared with$123 million for the 2005 period.
Net investment income grew 36 percent to $146 million, while netpremiums increased 7 percent to $1.2 billion.
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