WR Berkley shares down 8% after CoR rises 2.8 points to 90.6%
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WR Berkley shares down 8% after CoR rises 2.8 points to 90.6%

WR Berkley funds.jpg

WR Berkley stock closed down 8% to $58.06 per share on Friday (April 21) after the company posted a 90.6% combined ratio for the first quarter of the year.

Yesterday, the specialty insurer recorded Q1 $1 operating earnings per share, missing analyst estimates of $1.23 per share.

The carrier booked $47.9mn

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