WR Berkley beats with $117.6mn Q3 profit

WR Berkley has reported an operating income of $117.6mn for the
third quarter, down from $141.6mn generated in the same period last
year.
However, at $0.91 a share, operating profits outperformed Wall
Street consensus forecasts of $0.81 a share.
The carrier saw gross written premium increase marginally to
$1.82bn in 2015 from $1.78bn during Q3 last year.
Its consolidated combined ratio remained stable at 93.7 percent,
a slight increase from 93.5 percent during the same period in
2014.
The compan