Apr. 21 at 8:57 PM
$WRB just reported a decent earnings report as laid out below. Ex-cat refers to the value not including catastrophic claims due to disasters like hurricanes, earthquakes etc.
They beat on earnings and less so on revenues which are gross premiums written in the table . 
The stock is not trading meaningfully afterhours, so the numbers you see are not likely representative of the market's response at this point...
BTW combined ratio below 92% is considered extremely good. This company is one of the best underwriters in the business of insurance, despite the slump in its stock price. It's essentially at it's December low for the third visit.
The company doesn't do underwriting just to write insurance policies. But by behaving this way, which is responsibly, the stock price can slump during those periods...
(The table was created with the data I provided to it by copilot. Copilot does work, although as with every AI system you sometimes have to give it some guidance. That happens with the best of them.)
