W.R Berkley - Rising Premium Income Drives Momentum!
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Business Driver: W.R Berkley (WRB) has established itself as a holding company in the primary and reinsurance sector. It primarily covers key segments related to property, casualty, and liability insurance for the commercial sector, while also being strongly positioned in the specialty segment, particularly in insuring transport and logistics risks. Recently, the company impressed with a significant EPS increase from 0.93 to 1.10 USD thanks to higher premium income and price increases, exceeding consensus expectations of 1.09 USD. The total revenue...
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