W. R. Berkley's CEO said the industry continues to make an art out of self-sabotage when it comes to its own success
Property cat: The bloom is off the rose | | | Property cat bloom is off the rose. Margin remains, depending on 1/1 feeding frenzy: Berkley  In property catastrophe reinsurance "the bloom is off the rose" according to Rob Berkley, President and CEO of W. R. Berkley Corporation, who during an earnings call yesterday cautioned that while margin does remain in property cat, the potential for a "feeding frenzy" at the 1/1 2026 renewals may change that. In his opening comments on the call Berkley summarised, "I think the past 90 days is just a continuation of clear evidence that the insurance industry is still a cyclical industry. And, for whatever the reason may be, some would say, fear and greed, the industry continues to seemingly make an art out of self-sabotage when it comes to its own success." Read the full story. Other articles: | | | | | | Please share this with colleagues and friends if you think they would like to receive it.
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