W.R. Berkley's niche focus and strict underwriting discipline result in a business model that has historically earned outstanding returns during hard market pricing periods, but only modest excess returns during soft periods.
A decentralized operating structure allows Berkley to develop expertise in a number of profitable niche fields.
The company's reinsurance operations are a drag on overall results.
|
Metric
|
WRB
|
AIG
|
MKL
|
|---|---|---|---|
Price/Earnings (Normalized) | 14.39 | 10.86 | 24.75 |
Price/Book Value | 2.61 | 1.16 | 1.33 |
Price/Sales | 1.72 | 1.10 | 1.24 |
Price/Cash Flow | 14.97 | 5.07 | 6.57 |
|
Metric
|
WRB
|
AIG
|
MKL
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 16.33 | 6.64 | 19.35 |
|
Metric
|
WRB
|
AIG
|
MKL
|
|---|---|---|---|
Return on Assets (Normalized) | 4.13% | 1.60% | 4.87% |
Return on Equity (Normalized) | 20.74% | 20.12% | 18.75% |
Return on Invested Capital (Normalized) | 15.82% | 4.07% | 14.58% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Progressive Corp
PGR
| Mbxltyhpzd | Kzfdpg | $123.1 Bil | |||
| Chubb Ltd
CB
| Cqyllyv | Mpzwk | $103.2 Bil | |||
| Tokio Marine Holdings Inc ADR
TKOMY
| Mslsqldpf | Brwl | $76.1 Bil | |||
| Tokio Marine Holdings Inc
TKOMF
| — | Tdw | $76.1 Bil | |||
| The Travelers Companies Inc
TRV
| Wbsjryp | Hgzfgx | $46.6 Bil | |||
| Allstate Corp
ALL
| Lrttjjkqd | Xpvr | $42.1 Bil | |||
| MS&AD Insurance Group Holdings Inc
MSADF
| — | Yrf | $37.6 Bil | |||
| MS&AD Insurance Group Holdings Inc ADR
MSADY
| — | Hrpw | $37.6 Bil | |||
| Markel Group Inc
MKL
| Lrjnzswtf | Rxgd | $20.1 Bil |
:quality(80)/s3.amazonaws.com/arc-authors/morningstar/da2d065f-39a9-49e3-8551-1d3832fc658a.jpg)