Berkley W R Corp balance sheet WRB

As of Sep 30, 2026, Berkley W R Corp had total assets of $45.7 billion and total liabilities of $36.1 billion. Total assets were up 4.5% from a year earlier. Stockholders' equity was $9.6 billion. It held $28.1 billion in cash and investments against $261.2 million of total debt, net cash of $27.8 billion.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

Line
FY 2026
Sep 30, 2026
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2020
Dec 31, 2022
FY 2020
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
FY 2017
Dec 31, 2017
FY 2016
Dec 31, 2016
Assets
Cash
2,113
-12.1%
2,540
+28.6%
1,975
+44.9%
1,363
1,449
+41.6%
1,569
+53.3%
2,372
+131.7%
1,024
+25.2%
818
-14.0%
950
+19.5%
795
+4.1%
Cash and investments
28,100
+2.8%
27,557
+13.3%
24,328
+13.2%
21,488
18,985
+25.5%
18,098
+19.6%
16,459
+8.8%
15,126
+5.4%
14,346
-0.5%
14,422
+3.8%
13,897
+6.0%
Property and equipment, net
563
+14.2%
596
+24.6%
479
+12.1%
427
423
+0.3%
420
-0.5%
406
-3.8%
422
+1.4%
416
-1.6%
423
+21.0%
349
+0.3%
Goodwill
184
+0.0%
184
+0.0%
184
+5.6%
175
186
+9.3%
170
+0.0%
170
+0.0%
170
-2.0%
173
-3.3%
179
+23.8%
145
-5.7%
Total assets
45,676
+4.5%
44,071
+8.6%
40,567
+9.0%
37,202
33,861
+27.0%
32,086
+20.3%
28,607
+7.3%
26,662
+7.1%
24,896
+2.5%
24,300
+4.0%
23,365
+7.5%
Liabilities and equity
Total liabilities
36,055
+6.3%
34,359
+6.8%
32,160
+8.2%
29,733
27,093
+31.9%
25,419
+23.7%
22,281
+8.5%
20,544
+5.8%
19,416
+3.0%
18,849
+3.1%
18,284
+6.9%
Stockholders' equity
9,610
-1.9%
9,701
+15.6%
8,395
+12.6%
7,455
6,748
+11.1%
6,653
+9.5%
6,311
+3.9%
6,075
+11.7%
5,438
+0.5%
5,411
+7.2%
5,047
+9.7%
Debt
Lease liabilities
261
+5.8%
260
+19.3%
218
-0.1%
219
204
-11.4%
209
-9.4%
204
-11.6%
230
—
—
—
Total debt
261
+5.8%
260
+19.3%
218
-0.1%
219
204
-11.4%
209
-9.4%
204
-11.6%
230
—
—
—
Net cash
27,839
+2.8%
27,297
+13.2%
24,110
+13.4%
21,270
18,781
+26.1%
17,889
+20.1%
16,255
+9.1%
14,896
—
—
—
Ratios
Debt to equity
0.03x
0.03x
0.03x
0.03x
0.03x
0.03x
0.03x
0.04x
—
—
—
Return on equity
19.39%
18.34%
20.92%
18.53%
20.47%
20.76%
21.88%
11.23%
11.78%
10.15%
11.93%
Return on assets
4.08%
4.04%
4.33%
3.71%
4.08%
4.30%
4.83%
2.56%
2.57%
2.26%
2.58%
Book value per share
25.87
25.72
22.09
19.37
17.01
16.73
23.66
22.08
29.72
29.69
27.76
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. The first column is the latest balance sheet when it is newer than the latest fiscal year. More on our methodology.

Company profile

Industry
Fire, Marine & Casualty Insurance (SIC 6331)
Listed as
WRB (NYSE), WRB-PE (NYSE), WRB-PF (NYSE), WRB-PG (NYSE), WRB-PH (NYSE)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Greenwich, CT
SEC filer status
Large accelerated filer
SEC CIK
11544

Other Fire, Marine & Casualty Insurance companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.