- Commercial insurer W R Berkley said on Tuesday its first-quarter profit rose 50% due to strong returns from its investments and a stronger underwriting performance.
Greenwich, Connecticut-based W R Berkley's net investment income jumped 43% to $319.8 million in the first quarter, and net premiums written grew nearly 11%, as businesses revived spending on insurance policies due to easing concerns of a recession. Shares of the company rose marginally before the bell. As of Monday's close, they had risen 18% this year.
ہم نے اس خبر کا خلاصہ کیا ہے تاکہ آپ اسے جلدی سے پڑھ سکیں۔ اگر آپ خبر میں دلچسپی رکھتے ہیں تو آپ مکمل متن یہاں پڑھ سکتے ہیں۔ مزید پڑھ: