W.R. Berkley Reports First Quarter Net Income of $170 Million

W.R. Berkley Corp. reported first quarter 2014 net income of $170 million, up from $117 million for first quarter 2013.Operating income for the quarter was $135.3 million, up from $103.6 million for first quarter 2013.Written premium for the quarter grew by 11% to $1.5 billion, return on equity was 15.7% and combined ratio improved to 93.9%.The company repurchased 4.8 million shares of its common stock during the quarter. Book value per share increased 4.6% to $34.30.Source: W.R. Berkleybody {background: #FFF;}body {background: #FFF;}body {background: #FFF;}body {background: #FFF;}body {backgr...