Fourth quarter highlights included:

Return on equity and operating return on equity of 30.9% and 24.3%, respectively.
Net income increased 45.0% to $576 million and operating income increased 15.5% to a record $453 million.
The current accident year combined ratio before catastrophe losses of 2.6 loss ratio points was 87.7%, and the reported combined ratio was 90.2%.
Average rate increases excluding workers' compensation were approximately 7.7%.
Operating cash flow increased 16.0% to $810.0 million.

The Company once again set new financial records in 2024. Full year results were highlighted by record net income, with outstanding underwriting performance and net investment income, culminating in a 23.6% return on beginning of year equity. Growth in book value per share was 23.5%, before $836 million of capital returned to shareholders through special and ordinary dividends and share repurchases.

https://seekingalpha.com/pr/19982031-w-r-berkley-c...

Hoping Berkshire’s insurance segment matches Berkley’s.

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