{
  "url": "https://struct.news/briefs/berkley-grew-to-147b-its-filings-kept-sounding-the-alarm",
  "title": "Revenue hardly moved. Profit and cash both climbed anyway.",
  "summary": "W.R. Berkley’s top line was flat week to week, but underwriting luck, investment income and a lighter tax bill pushed six‑month net to $452.3M and cash to $2.6B.",
  "published_at": "2026-07-31T20:32:18.055551+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": null,
    "ticker": "WRB",
    "cik": "11544",
    "sector": null,
    "industry": null
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-07-31",
    "accession": "0000011544-26-000036",
    "url": "https://www.sec.gov/Archives/edgar/data/11544/000001154426000036/wrb-20260630.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-04",
    "url": "https://www.sec.gov/Archives/edgar/data/11544/000001154425000024/wrb-20250630.htm"
  },
  "reported_figures": [
    {
      "group": "Valuation snapshot",
      "label": "Market cap",
      "value": 28997919720,
      "display": "$29.0B",
      "unit": "usd",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "market_data",
        "label": "Observed market close",
        "as_of": "2026-07-31"
      }
    },
    {
      "group": "Valuation snapshot",
      "label": "P/E",
      "value": 16.296431848209764,
      "display": "16.3x",
      "unit": "multiple",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000011544-26-000036",
        "filing_date": "2026-07-31"
      }
    },
    {
      "group": "Valuation snapshot",
      "label": "EV / sales",
      "value": 1.798901330010302,
      "display": "1.8x",
      "unit": "multiple",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000011544-26-000036",
        "filing_date": "2026-07-31"
      }
    }
  ],
  "watch_next": [
    {
      "type": "pricing",
      "statement": "Company reports realized gains tied to improved pricing of mortgage-backed securities in available-for-sale portfolio.",
      "importance": "medium",
      "evidence": "ble for sale securities primarily due to improved pricing related to mortgage-backed securities.",
      "source_date": "2026-07-31"
    }
  ],
  "related_tickers": [
    "WRB"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}