W R Berkley : Supplementary Schedule P Information 2020 - Workers' Compensation
Workers' Compensation

W R Berkley : Supplementary Schedule P Information 2020 – Workers’ Compensation

By


WC Notes

WORKERS COMPENSATION
Berkley Insurance Company’s annual statement includes 100% of the pooled business of its U. S. insurance subsidiaries. The business is written and managed by more than 50 separate, autonomous profit centers, each with its own unique underwriting philosophy, claims handling, case reserving practices, and policy terms and conditions. Most of the profit centers specialize in specific classes of business or territories, and have varying levels of maturity in their historical data. We evaluate our reserves by line or class of business within each individual operating unit. This process provides a more accurate assessment of reserves because the data sets are homogeneous.
Schedule P, on the other hand, is an amalgamation of numerous businesses with very different loss emergence and payment patterns into a single statutory line of business. Further, changes in the relative size of our operating units over time creates distortions when using the unadjusted Schedule P data to estimate required reserves.
While it is impractical for competitive reasons to disclose the individual data sets used in our analysis, we are providing additional information for three of our largest reserve lines of business, Workers’ Compensation, Other Liability – Occurrence and Reinsurance – Nonporportional Assumed Liability, which should enable a more meaningful analysis. These three lines of business are the most affected by the issue of data heterogeneity and demonstrate the sensitivity of reserve analysis to using appropriate data groupings.
Although Schedule P Part D, Workers’ Compensation, typically excludes Excess Workers’ Compensation, Berkley Insurance Company has a permitted pratice that allows it to report Excess Workers’ Compensation data in Part D.
In order to facilitate analysis, we have provided separate Schedule P data for Excess Workers’ Compensation, Restropectively Rated Workers’ Compensation, and all other Workers’ Compensation excluding Excess and Retro Rated business.
For retrospectively rated policies, there is an initial premium deposit collected at the policy inception and premiums are adjusted until all claims are closed. Changes in loss and loss adjustment expenses for prior years will be offset by additional or return premium. For this business, we have also included a breakout of Schedule P Part 6 which shows historical premium development.

Total WC

ANNUAL STATEMENT FOR THE YEAR 2020 OF Berkley Insurance Company for Total Segment
FOR: PD0 Workers Compensation
Premiums Earned Loss and Loss Expense Payments
1 2 3 Loss Payments Defense and Cost Containment Payments Adjusting and Other Payments 10 11
4 5 6 7 8 9
Direct and Assumed Ceded Net (1 – 2) Direct and Assumed Ceded Direct and Assumed Ceded Direct and Assumed Ceded Salvage and Subrogation Received Total Net Paid Cols (4 – 5 + 6 – 7 + 8 – 9)
PRIOR…. 66,518 9,682 3,231 4,377 3,703 241 4,076 59,152
2011 916,339 141,010 775,329 501,798 95,128 43,718 5,272 41,369 2,264 9,858 484,221
2012 1,044,126 198,598 845,528 514,174 98,503 50,088 5,979 43,166 3,280 8,399 499,666
2013 1,253,550 241,509 1,012,041 546,172 131,546 55,925 9,286 43,491 3,181 11,695 501,575
2014 1,421,759 260,959 1,160,800 572,821 113,238 58,442 9,654 50,415 3,076 16,798 555,710
2015 1,542,011 269,056 1,272,955 565,085 115,474 60,568 11,098 53,882 3,089 15,630 549,874
2016 1,652,743 298,496 1,354,247 573,083 120,737 62,069 12,540 55,539 1,191 13,300 556,223
2017 1,647,888 228,869 1,419,019 543,829 100,825 59,725 10,803 62,267 6,127 7,775 548,066
2018 1,599,621 158,322 1,441,299 481,329 64,215 54,873 8,363 59,963 5,289 4,472 518,298
2019 1,518,855 91,353 1,427,502 342,566 22,423 40,658 3,979 54,810 3,140 1,662 408,492
2020 1,329,602 52,782 1,276,820 136,613 3,513 13,049 726 32,450 472 271 177,401
Totals XXX XXX XXX 4,843,988 875,284 502,346 82,077 501,055 31,350 93,936 4,858,678
Losses Unpaid Defense and Cost Containment Unpaid 23 24
Case Basis Bulk & IBNR Case Basis Bulk & IBNR Adjusting and Other Unpaid
Years in 13 14 15 16 17 18 19 20 21 22
Which Premiums Were Earned and Losses Were Incurred Direct and Assumed Ceded Direct and Assumed Ceded Direct and Assumed Ceded Direct and Assumed Ceded Direct and Assumed Ceded Salvage and Subrogation Anticipated Total Net Losses and Expenses Unpaid
PRIOR…. 764,110 94,180 195,593 31,044 9,735 993 6,007 243 34,748 24 2,327 883,709
2011 49,675 4,202 24,336 4,649 1,377 64 1,829 49 2,620 0 190 70,873
2012 53,126 1,205 28,354 6,514 1,511 32 2,704 80 2,794 – 0 616 80,658
2013 38,724 2,208 35,866 9,214 2,224 56 3,485 137 3,069 – 0 486 71,753
2014 50,820 6,288 51,823 11,418 3,129 225 5,370 179 3,848 – 0 1,008 96,880
2015 58,083 6,869 65,805 12,695 4,106 45 7,453 128 4,775 – 0 1,066 120,485
2016 103,166 11,075 69,424 17,357 5,334 49 10,505 75 6,697 – 0 1,463 166,570
2017 108,527 12,002 83,105 15,984 8,819 157 11,983 120 8,825 – 0 2,928 192,996
2018 150,720 15,868 94,468 12,813 14,763 460 15,919 200 11,725 – 0 3,755 258,254
2019 192,262 10,853 142,457 7,648 23,459 428 23,361 105 16,808 – 0 3,957 379,313
2020 234,526 12,583 305,779 8,386 28,001 561 39,866 – 0 31,194 – 0 4,324 617,836
Totals 1,803,739 177,333 1,097,010 137,722 102,458 3,070 128,482 1,316 127,103 24 22,120 2,939,327
Total Losses and Loss Expenses Incurred Loss and Loss Expense Percentage (Incurred / Premiums Earned) Nontabular Discount 34 Net Balance Sheet Reserves After Discount
26 27 28 29 30 31 32 33 35 36
Years in
Which Premiums Were Earned and Losses Were Incurred Direct and Assumed Ceded Net Direct and Assumed Ceded Net Loss Loss Expense Inter-Company Pooling Participation Percentage Losses Unpaid Loss Expenses Unpaid
PRIOR…. XXX XXX XXX XXX XXX XXX 92,144 – 0 XXX 742,335 49,230
2011 666,722 111,628 555,094 72.8% 79.2% 71.6% 7,182 – 0 57,978 5,713
2012 695,917 115,593 580,324 66.7% 58.2% 68.6% 8,120 – 0 65,641 6,897
2013 728,956 155,628 573,328 58.2% 64.4% 56.7% 3,015 – 0 60,153 8,585
2014 796,668 144,078 652,590 56.0% 55.2% 56.2% 4,172 – 0 80,765 11,943
2015 819,757 149,398 670,359 53.2% 55.5% 52.7% 4,508 – 0 99,816 16,161
2016 885,817 163,024 722,793 53.6% 54.6% 53.4% 9,526 – 0 134,632 22,412
2017 887,080 146,018 741,062 53.8% 63.8% 52.2% 5,831 – 0 157,815 29,350
2018 883,760 107,208 776,552 55.2% 67.7% 53.9% 6,362 – 0 210,145 41,747
2019 836,381 48,576 787,805 55.1% 53.2% 55.2% 7,411 – 0 308,807 63,095
2020 821,478 26,241 795,237 61.8% 49.7% 62.3% 8,290 – 0 511,046 98,500
Totals XXX XXX XXX XXX XXX XXX 156,561 – 0 XXX 2,429,133 353,633
ANNUAL STATEMENT FOR THE YEAR 2020 OF Berkley Insurance Company for Total Segment
FOR: PD0 Workers Compensation
PART 2
INCURRED NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END DEVELOPMENT
1 2 3 4 5 6 7 8 9 10 11 12
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 One Year Two Year
PRIOR…. 2,254,711 2,263,691 2,263,238 2,209,396 2,177,046 2,114,461 2,080,198 2,070,977 2,053,200 2,002,809 -50,391 -68,168
2011 523,800 517,681 526,398 530,276 533,187 532,872 529,505 521,339 521,413 517,411 -4,002 -3,928
2012 XXX 537,601 542,544 547,720 546,619 550,221 549,267 546,324 542,561 541,596 -965 -4,728
2013 XXX XXX 573,510 558,672 554,703 547,367 547,701 540,118 536,517 533,051 -3,466 -7,067
2014 XXX XXX XXX 658,174 652,158 637,778 625,248 620,045 609,882 605,920 -3,962 -14,125
2015 XXX XXX XXX XXX 733,962 701,505 656,788 644,526 625,094 619,797 -5,297 -24,729
2016 XXX XXX XXX XXX XXX 720,117 715,520 706,218 676,425 667,792 -8,633 -38,426
2017 XXX XXX XXX XXX XXX XXX 774,935 750,325 699,269 684,457 -14,812 -65,868
2018 XXX XXX XXX XXX XXX XXX XXX 788,132 728,941 720,516 -8,425 -67,616
2019 XXX XXX XXX XXX XXX XXX XXX XXX 796,012 730,296 -65,716 XXX
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 746,505 XXX XXX
Totals -165,670 -294,656
PART 3
CUMULATIVE PAID NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END
1 2 3 4 5 6 7 8 9 10
Years in Which Losses Were Incurred 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR…. XXX 245,359 417,685 565,743 683,343 793,546 883,394 954,834 1,022,894 1,078,584
2011 93,795 223,050 294,446 346,847 380,025 405,653 419,719 428,841 438,959 445,117
2012 XXX 96,173 236,065 324,568 373,152 406,483 425,876 442,211 450,816 459,780
2013 XXX XXX 98,411 248,145 333,457 384,900 418,389 437,441 450,455 461,264
2014 XXX XXX XXX 124,762 288,901 383,905 442,894 476,028 494,739 508,370
2015 XXX XXX XXX XXX 114,469 291,792 388,878 445,198 480,248 499,081
2016 XXX XXX XXX XXX XXX 117,719 306,429 410,267 467,941 501,876
2017 XXX XXX XXX XXX XXX XXX 128,831 329,033 434,164 491,927
2018 XXX XXX XXX XXX XXX XXX XXX 143,112 356,183 463,625
2019 XXX XXX XXX XXX XXX XXX XXX XXX 155,796 356,822
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 145,424
PART 4
BULK AND IBNR RESERVES ON NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END
1 2 3 4 5 6 7 8 9 10
Years in Which Losses Were Incurred 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR…. 736,475 670,177 620,134 478,392 397,941 325,779 269,680 237,429 225,783 188,334
2011 280,124 145,197 108,573 81,325 67,246 54,268 44,007 32,167 28,429 22,999
2012 XXX 280,806 172,576 93,833 70,156 61,997 48,787 39,405 32,888 25,773
2013 XXX XXX 304,192 161,750 106,583 81,171 62,894 47,568 38,442 31,651
2014 XXX XXX XXX 326,548 185,605 133,945 91,585 71,268 56,410 47,989
2015 XXX XXX XXX XXX 404,595 241,843 139,430 102,242 74,738 61,160
2016 XXX XXX XXX XXX XXX 367,248 201,430 144,324 87,843 65,707
2017 XXX XXX XXX XXX XXX XXX 384,530 215,277 126,492 83,374
2018 XXX XXX XXX XXX XXX XXX XXX 371,351 171,941 102,887
2019 XXX XXX XXX XXX XXX XXX XXX XXX 389,769 164,663
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 347,717
PART 5
SECTION 1
Years in Which Premiums Were Earned and Losses Were Incurred CUMULATIVE NUMBER OF CLAIMS CLOSED WITH LOSS PAYMENT DIRECT AND ASSUMED AT YEAR END
1 2 3 4 5 6 7 8 9 10
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR…. 12,437 2,958 3,268 1,338 -1,197 170 451 453 392 390
2011 18,978 28,764 30,772 31,540 31,608 31,916 32,107 32,236 32,383 32,376
2012 XXX 19,728 30,424 32,415 32,929 33,430 33,720 33,929 34,157 34,145
2013 XXX XXX 21,459 33,953 35,530 36,458 37,044 37,340 37,567 37,647
2014 XXX XXX XXX 23,573 35,166 37,589 38,616 39,195 39,487 39,606
2015 XXX XXX XXX XXX 22,552 35,784 37,919 38,919 39,466 39,772
2016 XXX XXX XXX XXX XXX 23,457 35,782 38,333 39,332 39,880
2017 XXX XXX XXX XXX XXX XXX 24,839 37,647 39,826 40,729
2018 XXX XXX XXX XXX XXX XXX XXX 25,560 37,375 39,595
2019 XXX XXX XXX XXX XXX XXX XXX XXX 23,256 35,966
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 18,053
SECTION 2
Years in Which Premiums Were Earned and Losses Were Incurred NUMBER OF CLAIMS OUTSTANDING DIRECT AND ASSUMED AT YEAR END
1 2 3 4 5 6 7 8 9 10
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR…. 11,642 9,087 7,912 6,883 6,119 5,409 4,722 4,204 3,928 3,546
2011 12,311 3,375 2,090 1,472 1,021 768 562 428 375 328
2012 XXX 13,215 3,847 2,216 1,457 965 687 503 391 318
2013 XXX XXX 15,094 4,136 2,509 1,512 937 677 496 396
2014 XXX XXX XXX 14,703 4,424 2,474 1,500 936 661 555
2015 XXX XXX XXX XXX 16,240 4,253 2,536 1,596 1,069 771
2016 XXX XXX XXX XXX XXX 15,181 4,446 2,540 1,641 1,124
2017 XXX XXX XXX XXX XXX XXX 14,089 4,369 2,683 1,749
2018 XXX XXX XXX XXX XXX XXX XXX 14,023 4,451 2,550
2019 XXX XXX XXX XXX XXX XXX XXX XXX 14,638 4,242
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 11,434
SECTION 3
Years in Which Premiums Were Earned and Losses Were Incurred CUMULATIVE NUMBER OF CLAIMS REPORTED DIRECT AND ASSUMED AT YEAR END
1 2 3 4 5 6 7 8 9 10
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR…. 30,126 27,811 29,090 27,407 -1,554 153 2,522 536 407 124
2011 43,359 46,008 46,842 47,127 46,829 46,926 46,979 47,022 47,057 47,086
2012 XXX 45,240 48,118 48,668 48,490 48,608 48,682 48,757 48,780 48,805
2013 XXX XXX 50,089 53,386 53,460 53,608 53,694 53,766 53,804 53,842
2014 XXX XXX XXX 53,914 56,635 56,950 57,142 57,186 57,243 57,287
2015 XXX XXX XXX XXX 54,672 57,663 58,276 58,307 58,381 58,415
2016 XXX XXX XXX XXX XXX 53,856 56,884 57,543 57,709 57,819
2017 XXX XXX XXX XXX XXX XXX 53,973 58,060 58,518 58,718
2018 XXX XXX XXX XXX XXX XXX XXX 53,604 56,585 56,980
2019 XXX XXX XXX XXX XXX XXX XXX XXX 51,211 54,780
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 40,917
PART 6
SECTION 1
Years in Which Premiums Were Earned and Losses Were Incurred CUMULATIVE PREMIUMS EARNED DIRECT AND ASSUMED AT YEAR END 11
1 2 3 4 5 6 7 8 9 10 Current Year Premiums Earned
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR -642 37,077 695 15,339 67 3,275 2,341 -284 85 -52 -52
2011 916,981 916,981 922,487 929,870 933,605 935,363 936,505 936,438 936,474 936,380 -94
2012 XXX 1,007,049 1,012,210 1,021,197 1,026,707 1,031,431 1,033,020 1,033,253 1,033,489 1,032,656 -833
2013 XXX XXX 1,242,188 1,254,894 1,262,623 1,268,613 1,272,422 1,273,931 1,275,059 1,274,858 -201
2014 XXX XXX XXX 1,377,344 1,393,295 1,401,127 1,406,531 1,410,861 1,414,173 1,414,307 134
2015 XXX XXX XXX XXX 1,509,020 1,524,233 1,531,371 1,539,928 1,548,963 1,551,000 2,037
2016 XXX XXX XXX XXX XXX 1,613,950 1,636,563 1,649,545 1,664,488 1,668,468 3,980
2017 XXX XXX XXX XXX XXX XXX 1,603,851 1,632,643 1,644,144 1,646,384 2,240
2018 XXX XXX XXX XXX XXX XXX XXX 1,543,572 1,564,941 1,571,099 6,158
2019 XXX XXX XXX XXX XXX XXX XXX XXX 1,457,209 1,462,595 5,386
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 1,310,847 1,310,847
Totals XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 1,329,602
Earned
Premiums
(Sch P-Pt. 1) 916,339 1,044,126 1,253,550 1,421,759 1,542,011 1,652,743 1,647,888 1,599,621 1,518,855 1,329,602 XXX
SECTION 2
Years in Which Premiums Were Earned and Losses Were Incurred CUMULATIVE PREMIUMS EARNED CEDED AT YEAR END 11
1 2 3 4 5 6 7 8 9 10 Current Year Premiums Earned
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR 0 0 0 0 0 10 -75 -158 277 0 0
2011 141,010 141,010 141,010 141,010 141,010 141,010 141,010 141,010 141,010 141,010 0
2012 XXX 198,598 198,598 198,598 198,598 198,598 198,598 198,598 198,598 198,598 0
2013 XXX XXX 241,509 241,509 241,509 241,512 241,512 241,584 241,512 241,512 0
2014 XXX XXX XXX 260,959 260,959 260,964 260,973 261,082 261,015 261,015 0
2015 XXX XXX XXX XXX 269,056 269,064 269,058 269,210 269,250 269,249 -1
2016 XXX XXX XXX XXX XXX 298,470 298,514 299,160 299,235 299,230 -5
2017 XXX XXX XXX XXX XXX XXX 228,897 228,034 227,934 227,932 -2
2018 XXX XXX XXX XXX XXX XXX XXX 158,364 158,259 158,255 -4
2019 XXX XXX XXX XXX XXX XXX XXX XXX 91,305 91,354 49
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 52,745 52,745
Totals XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 52,783
Earned
Premiums
(Sch P-Pt. 1) 141,010 198,598 241,509 260,959 269,056 298,496 228,869 158,322 91,353 52,782 XXX
PART 6 – NET EARNED PREMIUM
Years in Which Premiums Were Earned and Losses Were Incurred CUMULATIVE PREMIUMS EARNED NET AT YEAR END 11
1 2 3 4 5 6 7 8 9 10 Current Year Premiums Earned
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR -642 37,077 695 15,339 67 3,265 2,416 -126 -192 -52 -52
2011 775,971 775,971 781,477 788,860 792,595 794,353 795,495 795,428 795,464 795,370 -94
2012 XXX 808,451 813,612 822,599 828,109 832,833 834,422 834,655 834,891 834,058 -833
2013 XXX XXX 1,000,679 1,013,385 1,021,114 1,027,101 1,030,910 1,032,347 1,033,547 1,033,346 -201
2014 XXX XXX XXX 1,116,385 1,132,336 1,140,163 1,145,558 1,149,779 1,153,158 1,153,292 134
2015 XXX XXX XXX XXX 1,239,964 1,255,169 1,262,313 1,270,718 1,279,713 1,281,751 2,038
2016 XXX XXX XXX XXX XXX 1,315,480 1,338,049 1,350,385 1,365,253 1,369,238 3,985
2017 XXX XXX XXX XXX XXX XXX 1,374,955 1,404,610 1,416,211 1,418,452 2,241
2018 XXX XXX XXX XXX XXX XXX XXX 1,385,208 1,406,682 1,412,844 6,162
2019 XXX XXX XXX XXX XXX XXX XXX XXX 1,365,904 1,371,241 5,337
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 1,258,102 1,258,102
Totals XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 1,276,819
Earned
Premiums
(Sch P-Pt. 1) 775,329 845,528 1,012,041 1,160,800 1,272,955 1,354,247 1,419,019 1,441,299 1,427,502 1,276,820 XXX

XS WC

ANNUAL STATEMENT FOR THE YEAR 2020 OF Berkley Insurance Company for XS WC
FOR: PD0 Workers Compensation
Premiums Earned Loss and Loss Expense Payments
1 2 3 Loss Payments Defense and Cost Containment Payments Adjusting and Other Payments 10 11
4 5 6 7 8 9
Direct and Assumed Ceded Net (1 – 2) Direct and Assumed Ceded Direct and Assumed Ceded Direct and Assumed Ceded Salvage and Subrogation Received Total Net Paid Cols (4 – 5 + 6 – 7 + 8 – 9)
PRIOR…. 41,726 2,650 355 31 1,740 26 – 0 41,114
2011 124,649 11,565 113,084 26,642 5,650 134 13 3,778 50 – 0 24,842
2012 112,459 12,518 99,941 26,736 5,356 46 17 1,159 39 – 0 22,528
2013 118,333 15,565 102,768 14,868 9,389 92 25 1,093 163 – 0 6,476
2014 139,434 18,983 120,451 19,027 8,568 261 182 852 236 – 0 11,154
2015 145,562 9,647 135,915 3,344 936 26 (21) 2,840 212 – 0 5,083
2016 151,065 8,229 142,837 5,788 1,121 162 152 3,038 30 – 0 7,685
2017 167,025 10,319 156,706 15,001 1,433 224 203 3,952 213 – 0 17,327
2018 176,655 14,055 162,600 8,338 2,539 447 421 3,913 370 – 0 9,368
2019 178,683 19,107 159,575 9,606 3,209 398 391 4,948 468 – 0 10,884
2020 196,278 24,531 171,747 2,116 1,768 282 262 4,858 358 – 0 4,869
Totals XXX XXX XXX 173,192 42,619 2,428 1,677 32,171 2,166 – 0 161,330
Losses Unpaid Defense and Cost Containment Unpaid 23 24
Case Basis Bulk & IBNR Case Basis Bulk & IBNR Adjusting and Other Unpaid
Years in 13 14 15 16 17 18 19 20 21 22
Which Premiums Were Earned and Losses Were Incurred Direct and Assumed Ceded Direct and Assumed Ceded Direct and Assumed Ceded Direct and Assumed Ceded Direct and Assumed Ceded Salvage and Subrogation Anticipated Total Net Losses and Expenses Unpaid
PRIOR…. 558,309 24,927 119,724 7,163 1,418 155 – 0 – 0 23,170 – 0 – 0 670,377
2011 31,484 248 8,651 324 62 25 – 0 – 0 1,101 – 0 – 0 40,701
2012 33,156 144 7,382 425 31 12 – 0 – 0 924 – 0 – 0 40,912
2013 11,501 556 9,225 716 39 15 – 0 – 0 947 – 0 – 0 20,426
2014 15,175 716 12,726 759 82 68 – 0 – 0 995 – 0 – 0 27,437
2015 15,500 – 0 13,393 161 16 – 0 – 0 – 0 1,275 – 0 – 0 30,023
2016 34,630 3 15,741 181 21 8 – 0 – 0 1,707 – 0 – 0 51,906
2017 21,759 – 0 21,642 307 29 – 0 – 0 – 0 2,225 – 0 – 0 45,349
2018 25,158 2,338 26,426 266 200 153 – 0 – 0 2,692 – 0 – 0 51,719
2019 24,248 1,861 30,930 704 136 129 – 0 – 0 3,008 – 0 – 0 55,628
2020 17,388 1,850 50,944 4,767 446 333 – 0 – 0 3,218 – 0 – 0 65,046
Totals 788,309 32,642 316,786 15,774 2,480 899 – 0 – 0 41,263 – 0 – 0 1,099,524
Total Losses and Loss Expenses Incurred Loss and Loss Expense Percentage (Incurred / Premiums Earned) Nontabular Discount 34 Net Balance Sheet Reserves After Discount
26 27 28 29 30 31 32 33 35 36
Years in
Which Premiums Were Earned and Losses Were Incurred Direct and Assumed Ceded Net Direct and Assumed Ceded Net Loss Loss Expense Inter-Company Pooling Participation Percentage Losses Unpaid Loss Expenses Unpaid
PRIOR…. XXX XXX XXX XXX XXX XXX 91,646 – 0 XXX 554,297 24,433
2011 71,853 6,310 65,543 57.6% 54.6% 58.0% 7,177 – 0 32,386 1,138
2012 69,434 5,994 63,440 61.7% 47.9% 63.5% 8,116 – 0 31,854 942
2013 37,765 10,863 26,901 31.9% 69.8% 26.2% 2,993 – 0 16,462 971
2014 49,119 10,529 38,591 35.2% 55.5% 32.0% 4,086 – 0 22,341 1,010
2015 36,395 1,288 35,107 25.0% 13.4% 25.8% 4,399 – 0 24,334 1,291
2016 61,086 1,495 59,591 40.4% 18.2% 41.7% 9,430 – 0 40,757 1,719
2017 64,832 2,156 62,676 38.8% 20.9% 40.0% 5,821 – 0 37,274 2,255
2018 67,174 6,087 61,087 38.0% 43.3% 37.6% 6,362 – 0 42,618 2,739
2019 73,275 6,762 66,513 41.0% 35.4% 41.7% 7,411 – 0 45,203 3,015
2020 79,253 9,338 69,915 40.4% 38.1% 40.7% 8,290 – 0 53,425 3,330
Totals XXX XXX XXX XXX XXX XXX 155,731 – 0 XXX 900,949 42,844
ANNUAL STATEMENT FOR THE YEAR 2020 OF Berkley Insurance Company for XS WC
FOR: PD0 Workers Compensation
PART 2
INCURRED NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END DEVELOPMENT
1 2 3 4 5 6 7 8 9 10 11 12
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 One Year Two Year
PRIOR…. 1,578,991 1,560,857 1,543,964 1,467,646 1,432,250 1,360,528 1,318,915 1,317,696 1,299,380 1,239,218 -60,162 -78,478
2011 84,302 89,049 93,078 82,876 80,733 79,053 73,401 69,302 67,249 64,376 -2,873 -4,927
2012 XXX 67,561 68,681 69,661 71,776 70,442 65,730 67,269 65,126 64,225 -901 -3,045
2013 XXX XXX 59,577 46,991 44,291 40,613 36,537 33,139 29,803 27,882 -1,920 -5,257
2014 XXX XXX XXX 61,345 55,797 47,601 43,915 39,846 40,780 41,007 227 1,160
2015 XXX XXX XXX XXX 65,085 53,058 46,029 40,997 35,694 35,878 184 -5,119
2016 XXX XXX XXX XXX XXX 67,700 65,028 66,349 60,015 60,771 755 -5,578
2017 XXX XXX XXX XXX XXX XXX 70,969 74,172 64,401 65,061 659 -9,111
2018 XXX XXX XXX XXX XXX XXX XXX 71,450 66,284 65,213 -1,071 -6,237
2019 XXX XXX XXX XXX XXX XXX XXX XXX 71,885 69,994 -1,892 XXX
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 76,636 XXX XXX
Totals -66,993 -116,591
PART 3
CUMULATIVE PAID NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END
1 2 3 4 5 6 7 8 9 10
Years in Which Losses Were Incurred 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR…. XXX 69,053 139,709 214,286 274,592 334,562 388,252 438,530 487,170 526,570
2011 122 1,320 2,485 9,545 12,599 15,400 16,784 17,911 20,038 21,114
2012 XXX 367 4,315 8,760 10,583 12,511 14,903 17,000 18,945 21,408
2013 XXX XXX 49 299 1,736 2,445 2,729 3,618 4,481 5,546
2014 XXX XXX XXX 237 1,565 3,088 3,821 5,334 7,042 10,539
2015 XXX XXX XXX XXX 1 288 961 1,613 1,850 2,455
2016 XXX XXX XXX XXX XXX 0 2,146 2,756 3,006 4,677
2017 XXX XXX XXX XXX XXX XXX 2,972 9,294 11,727 13,588
2018 XXX XXX XXX XXX XXX XXX XXX 2,816 4,798 5,824
2019 XXX XXX XXX XXX XXX XXX XXX XXX 1,877 6,404
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 368
PART 4
BULK AND IBNR RESERVES ON NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END
1 2 3 4 5 6 7 8 9 10
Years in Which Losses Were Incurred 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR…. 465,587 470,273 462,340 353,178 299,048 241,443 183,405 171,014 160,203 130,394
2011 75,822 51,419 51,360 38,068 32,359 27,681 21,874 16,024 12,880 9,854
2012 XXX 59,069 54,553 29,617 26,172 21,416 14,965 15,183 10,229 8,260
2013 XXX XXX 56,925 34,111 27,505 23,495 18,153 15,291 11,544 10,150
2014 XXX XXX XXX 54,590 34,546 32,006 26,257 17,098 14,138 14,323
2015 XXX XXX XXX XXX 55,543 39,858 30,932 23,793 17,618 15,909
2016 XXX XXX XXX XXX XXX 56,507 40,804 35,261 21,656 18,729
2017 XXX XXX XXX XXX XXX XXX 46,362 39,832 27,280 25,721
2018 XXX XXX XXX XXX XXX XXX XXX 43,795 34,140 31,673
2019 XXX XXX XXX XXX XXX XXX XXX XXX 45,847 36,825
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 56,636
PART 5
SECTION 1
Years in Which Premiums Were Earned and Losses Were Incurred CUMULATIVE NUMBER OF CLAIMS CLOSED WITH LOSS PAYMENT DIRECT AND ASSUMED AT YEAR END
1 2 3 4 5 6 7 8 9 10
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR…. 256 215 257 245 216 204 112 140 123 167
2011 61 111 122 136 155 165 179 183 191 194
2012 XXX 84 198 217 229 238 245 256 264 268
2013 XXX XXX 124 272 301 320 334 340 344 350
2014 XXX XXX XXX 153 275 326 341 347 353 362
2015 XXX XXX XXX XXX 18 36 41 47 50 51
2016 XXX XXX XXX XXX XXX 12 35 41 44 48
2017 XXX XXX XXX XXX XXX XXX 519 682 703 708
2018 XXX XXX XXX XXX XXX XXX XXX 483 761 773
2019 XXX XXX XXX XXX XXX XXX XXX XXX 632 962
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 806
SECTION 2
Years in Which Premiums Were Earned and Losses Were Incurred NUMBER OF CLAIMS OUTSTANDING DIRECT AND ASSUMED AT YEAR END
1 2 3 4 5 6 7 8 9 10
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR…. 3,892 3,706 3,541 3,462 3,224 2,961 2,743 2,564 2,423 2,223
2011 123 136 135 168 152 152 120 113 111 101
2012 XXX 187 113 123 116 109 101 93 81 70
2013 XXX XXX 208 110 109 97 83 85 83 70
2014 XXX XXX XXX 197 138 108 89 89 88 76
2015 XXX XXX XXX XXX 55 78 80 93 79 80
2016 XXX XXX XXX XXX XXX 87 88 96 106 91
2017 XXX XXX XXX XXX XXX XXX 193 110 116 117
2018 XXX XXX XXX XXX XXX XXX XXX 238 129 121
2019 XXX XXX XXX XXX XXX XXX XXX XXX 360 152
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 567
SECTION 3
Years in Which Premiums Were Earned and Losses Were Incurred CUMULATIVE NUMBER OF CLAIMS REPORTED DIRECT AND ASSUMED AT YEAR END
1 2 3 4 5 6 7 8 9 10
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR…. 856 561 435 481 330 266 132 168 122 91
2011 216 303 356 450 502 539 553 571 586 594
2012 XXX 315 395 455 498 537 555 579 586 594
2013 XXX XXX 393 474 535 568 589 613 625 635
2014 XXX XXX XXX 417 505 551 577 607 628 635
2015 XXX XXX XXX XXX 98 161 202 252 274 285
2016 XXX XXX XXX XXX XXX 130 197 256 298 316
2017 XXX XXX XXX XXX XXX XXX 912 1,058 1,119 1,156
2018 XXX XXX XXX XXX XXX XXX XXX 938 1,171 1,220
2019 XXX XXX XXX XXX XXX XXX XXX XXX 1,228 1,438
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 2,311
PART 6
SECTION 1
Years in Which Premiums Were Earned and Losses Were Incurred CUMULATIVE PREMIUMS EARNED DIRECT AND ASSUMED AT YEAR END 11
1 2 3 4 5 6 7 8 9 10 Current Year Premiums Earned
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR 0 -1,557,957 217 -6,076 -3 3 -75 -81 381 227 227
2011 222,964 123,607 124,452 124,452 124,452 124,452 124,452 124,452 124,480 124,480 -0
2012 XXX 111,896 112,211 112,155 112,275 112,275 112,273 112,273 112,284 112,284 -0
2013 XXX XXX 116,612 117,819 117,809 117,867 117,866 117,866 117,871 117,871 -0
2014 XXX XXX XXX 138,944 140,169 140,270 140,453 140,450 140,452 140,452 -0
2015 XXX XXX XXX XXX 145,562 145,749 145,617 145,318 145,320 145,320 -0
2016 XXX XXX XXX XXX XXX 150,719 151,872 152,282 152,266 152,266 0
2017 XXX XXX XXX XXX XXX XXX 165,899 168,539 168,138 168,100 -38
2018 XXX XXX XXX XXX XXX XXX XXX 174,062 175,163 175,069 -94
2019 XXX XXX XXX XXX XXX XXX XXX XXX 177,570 178,375 805
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 195,379 195,379
Totals XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 196,278
Earned
Premiums
(Sch P-Pt. 1) 124,649 112,459 118,333 139,434 145,562 151,065 167,025 176,655 178,683 196,278 XXX
SECTION 2
Years in Which Premiums Were Earned and Losses Were Incurred CUMULATIVE PREMIUMS EARNED CEDED AT YEAR END 11
1 2 3 4 5 6 7 8 9 10 Current Year Premiums Earned
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR 0 -1,475,089 9 -156 42 -42 -75 -123 661 -277 -277
2011 111,785 11,519 11,565 11,565 11,565 11,565 11,565 11,565 11,565 11,565 0
2012 XXX 12,503 12,521 12,518 12,524 12,524 12,524 12,524 12,524 12,524 0
2013 XXX XXX 15,460 15,565 15,522 15,525 15,525 15,525 15,525 15,525 0
2014 XXX XXX XXX 18,983 19,042 19,047 19,056 19,098 19,098 19,098 0
2015 XXX XXX XXX XXX 9,647 9,655 9,649 9,637 9,637 9,637 0
2016 XXX XXX XXX XXX XXX 8,213 8,257 8,273 8,272 8,272 0
2017 XXX XXX XXX XXX XXX XXX 10,347 10,431 10,300 10,299 -1
2018 XXX XXX XXX XXX XXX XXX XXX 14,123 14,024 14,020 -4
2019 XXX XXX XXX XXX XXX XXX XXX XXX 18,677 18,727 50
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 24,764 24,764
Totals XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 24,531
Earned
Premiums
(Sch P-Pt. 1) 11,565 12,518 15,565 18,983 9,647 8,229 10,319 14,055 19,107 24,531 XXX
PART 6 – NET EARNED PREMIUM
Years in Which Premiums Were Earned and Losses Were Incurred CUMULATIVE PREMIUMS EARNED NET AT YEAR END 11
1 2 3 4 5 6 7 8 9 10 Current Year Premiums Earned
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR 0 -82,867 208 -5,920 -44 44 0 42 -280 504 504
2011 111,178 112,088 112,887 112,887 112,887 112,887 112,887 112,887 112,915 112,915 -0
2012 XXX 99,393 99,690 99,637 99,751 99,751 99,749 99,749 99,760 99,760 -0
2013 XXX XXX 101,153 102,254 102,286 102,341 102,341 102,341 102,346 102,346 -0
2014 XXX XXX XXX 119,960 121,126 121,222 121,397 121,352 121,354 121,354 -0
2015 XXX XXX XXX XXX 135,915 136,094 135,968 135,681 135,683 135,683 -0
2016 XXX XXX XXX XXX XXX 142,506 143,615 144,009 143,994 143,994 0
2017 XXX XXX XXX XXX XXX XXX 155,552 158,108 157,838 157,801 -37
2018 XXX XXX XXX XXX XXX XXX XXX 159,939 161,139 161,049 -90
2019 XXX XXX XXX XXX XXX XXX XXX XXX 158,893 159,648 755
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 170,615 170,615
Totals XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 171,747
Earned
Premiums
(Sch P-Pt. 1) 113,084 99,941 102,768 120,451 135,915 142,837 156,706 162,600 159,575 171,747 XXX

RetroRatedWC

ANNUAL STATEMENT FOR THE YEAR 2020 OF Berkley Insurance Company for Retro Rated WC
FOR: PD0 Workers Compensation
Premiums Earned Loss and Loss Expense Payments
1 2 3 Loss Payments Defense and Cost Containment Payments Adjusting and Other Payments 10 11
4 5 6 7 8 9
Direct and Assumed Ceded Net (1 – 2) Direct and Assumed Ceded Direct and Assumed Ceded Direct and Assumed Ceded Salvage and Subrogation Received Total Net Paid Cols (4 – 5 + 6 – 7 + 8 – 9)
PRIOR…. 1,375 – 0 964 – 0 80 – 0 – 0 2,420
2011 39,026 725 38,301 28,117 – 0 5,296 – 0 732 – 0 – 0 34,145
2012 55,358 1,698 53,660 28,196 – 0 5,488 – 0 760 – 0 – 0 34,444
2013 68,553 2,266 66,287 36,717 – 0 6,354 – 0 1,326 – 0 – 0 44,397
2014 56,193 504 55,690 33,599 42 5,879 – 0 1,514 – 0 – 0 40,951
2015 70,100 2,761 67,339 39,529 – 0 6,020 – 0 1,494 – 0 – 0 47,044
2016 76,334 796 75,537 37,468 – 0 5,510 – 0 1,586 – 0 – 0 44,564
2017 76,873 1,218 75,655 30,901 – 0 4,154 – 0 1,293 – 0 – 0 36,347
2018 110,307 2,236 108,071 28,388 – 0 3,156 – 0 1,669 – 0 – 0 33,213
2019 126,126 2,449 123,677 19,114 – 0 2,339 – 0 1,829 – 0 – 0 23,282
2020 101,256 4,027 97,230 6,982 – 0 719 – 0 359 – 0 – 0 8,060
Totals XXX XXX XXX 290,386 42 45,878 – 0 12,643 – 0 – 0 348,864
Losses Unpaid Defense and Cost Containment Unpaid 23 24
Case Basis Bulk & IBNR Case Basis Bulk & IBNR Adjusting and Other Unpaid
Years in 13 14 15 16 17 18 19 20 21 22
Which Premiums Were Earned and Losses Were Incurred Direct and Assumed Ceded Direct and Assumed Ceded Direct and Assumed Ceded Direct and Assumed Ceded Direct and Assumed Ceded Salvage and Subrogation Anticipated Total Net Losses and Expenses Unpaid
PRIOR…. 6,628 762 1,191 153 747 9,481
2011 1,329 363 342 113 212 2,358
2012 1,855 1,257 404 300 160 3,977
2013 3,281 2,169 497 510 319 6,777
2014 4,721 6,440 796 1,527 381 13,865
2015 4,619 10,121 925 2,392 441 18,497
2016 8,183 15,033 1,312 3,549 454 28,531
2017 9,022 14,226 1,532 3,359 452 28,591
2018 7,066 17,658 1,447 4,159 496 30,825
2019 5,141 26,416 1,236 6,237 560 39,590
2020 4,728 38,049 928 8,984 1,194 53,883
Total 56,572 – 0 132,494 – 0 10,610 – 0 31,283 – 0 5,417 – 0 – 0 236,376
BSUMES Losses and Loss Expenses Incurred Loss and Loss Expense Percentage (Incurred / Premiums Earned) Nontabular Discount 34 Net Balance Sheet Reserves After Discount
26 27 28 29 30 31 32 33 35 36
Years in
Which Premiums Were Earned and Losses Were Incurred Direct and Assumed Ceded Net Direct and Assumed Ceded Net Loss Loss Expense Inter-Company Pooling Participation Percentage Losses Unpaid Loss Expenses Unpaid
PRIOR…. XXX XXX XXX XXX XXX XXX XXX 7,390 2,090
2011 36,503 – 0 36,503 93.5% 0.0% 95.3% 1,692 667
2012 38,421 – 0 38,421 69.4% 0.0% 71.6% 3,112 864
2013 51,174 – 0 51,174 74.6% 0.0% 77.2% 5,450 1,327
2014 54,858 42 54,816 97.6% 8.3% 98.4% 11,161 2,705
2015 65,541 – 0 65,541 93.5% 0.0% 97.3% 14,739 3,758
2016 73,095 – 0 73,095 95.8% 0.0% 96.8% 23,216 5,315
2017 64,939 – 0 64,939 84.5% 0.0% 85.8% 23,248 5,343
2018 64,038 – 0 64,038 58.1% 0.0% 59.3% 24,724 6,101
2019 62,872 – 0 62,872 49.8% 0.0% 50.8% 31,557 8,033
2020 61,943 – 0 61,943 61.2% 0.0% 63.7% 42,777 11,106
Total XXX XXX XXX XXX XXX XXX – 0 – 0 XXX 189,066 47,310
ANNUAL STATEMENT FOR THE YEAR 2020 OF Berkley Insurance Company for Retro Rated WC
FOR: PD0 Workers Compensation
PART 2
INCURRED NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END DEVELOPMENT
1 2 3 4 5 6 7 8 9 10 11 12
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 One Year Two Year
PRIOR…. 46,233 59,615 74,786 75,026 75,361 80,466 86,382 83,589 83,849 83,935 86 346
2011 13,142 19,233 28,409 28,558 31,513 34,546 36,501 35,482 35,674 35,559 (115) 77
2012 XXX 20,500 28,425 28,788 33,313 36,785 38,289 38,071 38,400 37,500 (900) (571)
2013 XXX XXX 30,823 30,266 36,633 40,974 45,109 48,878 50,212 49,529 (683) 651
2014 XXX XXX XXX 32,744 35,836 37,084 39,704 50,105 53,050 52,920 (129) 2,816
2015 XXX XXX XXX XXX 35,279 40,747 45,660 56,124 62,794 63,606 812 7,482
2016 XXX XXX XXX XXX XXX 36,342 37,540 53,683 67,575 71,054 3,480 17,371
2017 XXX XXX XXX XXX XXX XXX 39,693 45,696 57,939 63,193 5,254 17,497
2018 XXX XXX XXX XXX XXX XXX XXX 46,463 53,782 61,873 8,091 15,410
2019 XXX XXX XXX XXX XXX XXX XXX XXX 59,471 60,483 1,012 XXX
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 60,390 XXX XXX
BSUMESs 16,909 61,079
PART 3
CUMULATIVE PAID NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END
1 2 3 4 5 6 7 8 9 10
Years in Which Losses Were Incurred 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR…. 15,463 26,921 36,956 47,063 57,043 64,291 69,876 72,863 75,202
2011 2,587 7,583 12,020 15,646 19,817 24,780 28,016 30,705 32,924 33,412
2012 XXX 3,944 9,173 14,670 19,452 23,535 27,992 31,013 32,434 33,684
2013 XXX XXX 7,480 18,081 24,004 29,220 35,217 39,014 41,575 43,071
2014 XXX XXX XXX 8,788 18,598 24,101 29,152 33,784 37,184 39,436
2015 XXX XXX XXX XXX 8,852 22,586 29,219 36,645 42,650 45,549
2016 XXX XXX XXX XXX XXX 9,094 21,182 29,772 38,265 42,978
2017 XXX XXX XXX XXX XXX XXX 9,830 22,800 29,206 35,055
2018 XXX XXX XXX XXX XXX XXX XXX 10,745 24,125 31,544
2019 XXX XXX XXX XXX XXX XXX XXX XXX 8,955 21,453
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 7,701
PART 4
BULK AND IBNR RESERVES ON NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END
1 2 3 4 5 6 7 8 9 10
Years in Which Losses Were Incurred 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR…. 15,294 10,971 13,171 13,750 8,259 9,140 10,179 3,270 2,521 915
2011 8,587 7,913 9,294 6,279 5,762 4,660 3,787 1,624 1,072 476
2012 XXX 14,073 13,122 6,568 6,224 6,507 5,612 3,544 3,669 1,557
2013 XXX XXX 18,514 5,120 4,619 3,308 3,418 4,590 5,280 2,680
2014 XXX XXX XXX 19,092 11,282 4,853 1,442 8,429 9,726 7,967
2015 XXX XXX XXX XXX 19,947 10,879 4,834 9,396 13,274 12,513
2016 XXX XXX XXX XXX XXX 20,128 3,961 9,455 18,285 18,582
2017 XXX XXX XXX XXX XXX XXX 19,886 11,793 17,886 17,585
2018 XXX XXX XXX XXX XXX XXX XXX 28,261 22,204 21,816
2019 XXX XXX XXX XXX XXX XXX XXX XXX 44,555 32,653
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 47,033
PART 5
SECTION 1
Years in Which Premiums Were Earned and Losses Were Incurred CUMULATIVE NUMBER OF CLAIMS CLOSED WITH LOSS PAYMENT DIRECT AND ASSUMED AT YEAR END
1 2 3 4 5 6 7 8 9 10
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR…. 685 213 226 249 203 185 119 111 36 63
2011 353 817 923 1,004 1,099 1,169 1,227 1,269 1,296 1,311
2012 XXX 529 1,289 1,416 1,526 1,634 1,732 1,802 1,839 1,861
2013 XXX XXX 1,429 2,580 2,671 2,779 2,884 2,969 3,027 3,061
2014 XXX XXX XXX 2,083 3,187 3,246 3,341 3,455 3,522 3,546
2015 XXX XXX XXX XXX 2,237 3,440 3,437 3,577 3,693 3,781
2016 XXX XXX XXX XXX XXX 2,254 3,403 3,463 3,585 3,726
2017 XXX XXX XXX XXX XXX XXX 2,449 3,852 3,888 3,996
2018 XXX XXX XXX XXX XXX XXX XXX 2,510 3,856 3,994
2019 XXX XXX XXX XXX XXX XXX XXX XXX 2,218 3,918
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 1,844
SECTION 2
Years in Which Premiums Were Earned and Losses Were Incurred NUMBER OF CLAIMS OUTSTANDING DIRECT AND ASSUMED AT YEAR END
1 2 3 4 5 6 7 8 9 10
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR…. 1,176 1,270 1,302 1,047 785 565 447 334 319 265
2011 408 240 341 329 258 201 152 109 89 81
2012 XXX 762 370 423 376 278 190 132 105 93
2013 XXX XXX 547 374 421 374 279 216 162 145
2014 XXX XXX XXX 612 365 462 411 300 233 213
2015 XXX XXX XXX XXX 781 396 629 533 421 315
2016 XXX XXX XXX XXX XXX 789 556 703 609 457
2017 XXX XXX XXX XXX XXX XXX 921 536 668 597
2018 XXX XXX XXX XXX XXX XXX XXX 777 538 575
2019 XXX XXX XXX XXX XXX XXX XXX XXX 1,067 460
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 800
SECTION 3
Years in Which Premiums Were Earned and Losses Were Incurred CUMULATIVE NUMBER OF CLAIMS REPORTED DIRECT AND ASSUMED AT YEAR END
1 2 3 4 5 6 7 8 9 10
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR…. 760 401 411 179 86 109 57 53 30 28
2011 1,145 1,715 1,960 2,073 2,129 2,172 2,198 2,214 2,224 2,239
2012 XXX 1,790 2,376 2,611 2,726 2,782 2,809 2,842 2,853 2,867
2013 XXX XXX 3,271 4,223 4,414 4,506 4,547 4,587 4,604 4,626
2014 XXX XXX XXX 5,117 5,682 5,812 5,860 5,903 5,921 5,940
2015 XXX XXX XXX XXX 4,978 5,757 5,924 5,991 6,025 6,041
2016 XXX XXX XXX XXX XXX 5,189 5,806 5,952 6,007 6,033
2017 XXX XXX XXX XXX XXX XXX 5,874 6,603 6,729 6,780
2018 XXX XXX XXX XXX XXX XXX XXX 5,861 6,663 6,743
2019 XXX XXX XXX XXX XXX XXX XXX XXX 5,024 6,158
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 3,620
PART 6
SECTION 1
Years in Which Premiums Were Earned and Losses Were Incurred CUMULATIVE PREMIUMS EARNED DIRECT AND ASSUMED AT YEAR END 11
1 2 3 4 5 6 7 8 9 10 Current Year Premiums Earned
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR – 0 15,171 15,230 4,351 88 3,223 2,417 1,566 (138) (10) 128
2011 37,216 37,884 41,876 43,329 47,279 49,033 50,185 50,105 50,114 50,058 (56)
2012 XXX 39,587 42,723 43,793 49,216 53,982 55,625 55,866 56,091 55,274 (817)
2013 XXX XXX 45,293 45,785 52,541 58,668 62,553 64,131 65,342 65,097 (244)
2014 XXX XXX XXX 48,333 50,991 57,317 62,601 67,254 70,712 70,798 86
2015 XXX XXX XXX XXX 51,163 53,099 59,448 68,856 78,059 80,111 2,052
2016 XXX XXX XXX XXX XXX 52,156 55,733 69,013 84,309 88,964 4,655
2017 XXX XXX XXX XXX XXX XXX 52,580 70,346 81,181 86,431 5,250
2018 XXX XXX XXX XXX XXX XXX XXX 61,927 69,543 76,461 6,918
2019 XXX XXX XXX XXX XXX XXX XXX XXX 78,390 80,403 2,013
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 81,238 81,238
Total XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 101,223
Earned
Premiums
(Sch P-Pt. 1) 39,026 55,358 68,553 56,193 70,100 76,334 76,873 110,307 126,126 101,256 XXX
SECTION 2
Years in Which Premiums Were Earned and Losses Were Incurred CUMULATIVE PREMIUMS EARNED CEDED AT YEAR END 11
1 2 3 4 5 6 7 8 9 10 Current Year Premiums Earned
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR – 0 (0) – 0 – 0 – 0 – 0 – 0 – 0 – 0 – 0 – 0
2011 603 603 603 603 603 603 603 603 603 603 – 0
2012 XXX 1,539 1,539 1,539 1,539 1,539 1,539 1,539 1,539 1,539 – 0
2013 XXX XXX 572 572 545 545 545 545 545 545 – 0
2014 XXX XXX XXX 504 356 356 356 356 356 356 – 0
2015 XXX XXX XXX XXX 2,936 2,936 2,936 2,936 2,936 2,936 – 0
2016 XXX XXX XXX XXX XXX 796 796 796 796 796 – 0
2017 XXX XXX XXX XXX XXX XXX 1,218 1,218 1,218 1,218 – 0
2018 XXX XXX XXX XXX XXX XXX XXX 2,236 2,236 2,236 – 0
2019 XXX XXX XXX XXX XXX XXX XXX XXX 2,449 2,449 – 0
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 3,863 3,863
Total XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 3,863
Earned
Premiums
(Sch P-Pt. 1) 725 1,698 2,266 504 2,761 796 1,218 2,236 2,449 4,027 XXX
PART 6 – NET EARNED PREMIUM
Years in Which Premiums Were Earned and Losses Were Incurred CUMULATIVE PREMIUMS EARNED NET AT YEAR END 11
1 2 3 4 5 6 7 8 9 10 Current Year Premiums Earned
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR – 0 15,171 15,230 4,351 88 3,223 2,417 1,566 (138) (10) (10)
2011 36,613 37,281 41,273 42,726 46,677 48,430 49,582 49,502 49,511 49,455 (56)
2012 XXX 38,048 41,184 42,254 47,677 52,443 54,086 54,327 54,552 53,735 (817)
2013 XXX XXX 44,720 45,212 51,996 58,123 62,008 63,586 64,796 64,552 (244)
2014 XXX XXX XXX 47,829 50,635 56,962 62,246 66,898 70,356 70,442 86
2015 XXX XXX XXX XXX 48,227 50,163 56,511 65,920 75,123 77,175 2,052
2016 XXX XXX XXX XXX XXX 51,359 54,936 68,217 83,512 88,168 4,655
2017 XXX XXX XXX XXX XXX XXX 51,362 69,128 79,963 85,213 5,250
2018 XXX XXX XXX XXX XXX XXX XXX 59,691 67,307 74,225 6,918
2019 XXX XXX XXX XXX XXX XXX XXX XXX 75,941 77,954 2,013
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 77,374 77,374
Total XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 97,222
Earned
Premiums
(Sch P-Pt. 1) 38,301 53,660 66,287 55,690 67,339 75,537 75,655 108,071 123,677 97,230 XXX

Total x XSWC x RetroRatedWC

ANNUAL STATEMENT FOR THE YEAR 2020 OF Berkley Insurance Company Excluding XS WC and Retro Rated WC
FOR: PD0 Workers Compensation
Premiums Earned Loss and Loss Expense Payments
1 2 3 Loss Payments Defense and Cost Containment Payments Adjusting and Other Payments 10 11 12
4 5 6 7 8 9
Direct and Assumed Ceded Net (1 – 2) Direct and Assumed Ceded Direct and Assumed Ceded Direct and Assumed Ceded Salvage and Subrogation Received Total Net Paid Cols (4 – 5 + 6 – 7 + 8 – 9) Number of Claims Reported Direct and Assumed
PRIOR…. 23,417 7,032 1,912 4,346 1,882 215 4,076 15,618 – 0
2011 752,664 128,721 623,944 447,039 89,478 38,288 5,259 36,859 2,214 9,858 425,235 – 0
2012 876,310 184,382 691,928 459,242 93,147 44,554 5,962 41,248 3,241 8,399 442,694 – 0
2013 1,066,665 223,679 842,986 494,587 122,157 49,479 9,261 41,072 3,018 11,695 450,703 – 0
2014 1,226,132 241,472 984,660 520,195 104,628 52,302 9,472 48,049 2,840 16,798 503,605 – 0
2015 1,326,349 256,648 1,069,701 522,211 114,538 54,522 11,119 49,548 2,877 15,630 497,747 – 0
2016 1,425,344 289,471 1,135,873 529,828 119,616 56,397 12,388 50,915 1,161 13,300 503,974 – 0
2017 1,403,989 217,331 1,186,658 497,927 99,392 55,348 10,600 57,022 5,914 7,775 494,392 – 0
2018 1,312,659 142,030 1,170,628 444,603 61,676 51,271 7,942 54,381 4,919 4,472 475,718 – 0
2019 1,214,046 69,797 1,144,249 313,846 19,214 37,921 3,588 48,033 2,672 1,662 374,326 – 0
2020 1,032,068 24,224 1,007,843 127,514 1,745 12,048 464 27,233 114 271 164,472 – 0
Totals XXX XXX XXX 4,380,410 832,623 454,041 80,400 456,241 29,184 93,936 4,348,484 – 0
Losses Unpaid Defense and Cost Containment Unpaid 23 24
Case Basis Bulk & IBNR Case Basis Bulk & IBNR Adjusting and Other Unpaid
Years in 13 14 15 16 17 18 19 20 21 22
Which Premiums Were Earned and Losses Were Incurred Direct and Assumed Ceded Direct and Assumed Ceded Direct and Assumed Ceded Direct and Assumed Ceded Direct and Assumed Ceded Salvage and Subrogation Anticipated Total Net Losses and Expenses Unpaid
PRIOR…. 199,173 69,253 75,106 23,881 7,126 838 5,854 243 10,831 24 2,327 203,852
2011 16,862 3,954 15,322 4,325 973 39 1,716 49 1,307 0 190 27,813
2012 18,115 1,061 19,714 6,089 1,076 20 2,404 80 1,710 – 0 616 35,770
2013 23,941 1,652 24,471 8,498 1,688 41 2,975 137 1,803 – 0 486 44,550
2014 30,924 5,572 32,657 10,659 2,250 157 3,843 179 2,471 – 0 1,008 55,578
2015 37,964 6,869 42,291 12,534 3,165 45 5,061 128 3,059 – 0 1,066 71,964
2016 60,353 11,072 38,650 17,176 4,002 41 6,956 75 4,536 – 0 1,463 86,132
2017 77,746 12,002 47,237 15,677 7,258 157 8,624 120 6,147 – 0 2,928 119,056
2018 118,496 13,530 50,384 12,547 13,116 307 11,760 200 8,537 – 0 3,755 175,710
2019 162,873 8,992 85,111 6,944 22,087 299 17,124 105 13,240 – 0 3,957 284,095
2020 212,410 10,733 216,785 3,619 26,627 228 30,882 – 0 26,782 – 0 4,324 498,907
Totals 958,858 144,691 647,730 121,948 89,368 2,171 97,199 1,316 80,423 24 22,120 1,603,427
Total Losses and Loss Expenses Incurred Loss and Loss Expense Percentage (Incurred / Premiums Earned) Nontabular Discount 34 Net Balance Sheet Reserves After Discount
26 27 28 29 30 31 32 33 35 36
Years in
Which Premiums Were Earned and Losses Were Incurred Direct and Assumed Ceded Net Direct and Assumed Ceded Net Loss Loss Expense Inter-Company Pooling Participation Percentage Losses Unpaid Loss Expenses Unpaid
PRIOR…. XXX XXX XXX XXX XXX XXX 498 – 0 XXX 180,647 22,706
2011 558,366 105,318 453,048 74.2% 81.8% 72.6% 5 – 0 23,900 3,908
2012 588,063 109,599 478,463 67.1% 59.4% 69.1% 4 – 0 30,675 5,090
2013 640,017 144,765 495,253 60.0% 64.7% 58.7% 22 – 0 38,240 6,288
2014 692,691 133,508 559,183 56.5% 55.3% 56.8% 86 – 0 47,264 8,228
2015 717,821 148,110 569,711 54.1% 57.7% 53.3% 109 – 0 60,743 11,112
2016 751,636 161,529 590,107 52.7% 55.8% 52.0% 96 – 0 70,659 15,377
2017 757,309 143,862 613,448 53.9% 66.2% 51.7% 10 – 0 97,293 21,752
2018 752,548 101,121 651,427 57.3% 71.2% 55.6% (0) – 0 142,804 32,907
2019 700,235 41,814 658,421 57.7% 59.9% 57.5% (0) – 0 232,048 52,047
2020 680,282 16,903 663,379 65.9% 69.8% 65.8% (0) – 0 414,844 84,064
Totals XXX XXX XXX XXX XXX XXX 830 – 0 XXX 1,339,118 263,479
ANNUAL STATEMENT FOR THE YEAR 2020 OF Berkley Insurance Company Excluding XS WC and Retro Rated WC
FOR: PD0 Workers Compensation
PART 2
INCURRED NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END DEVELOPMENT
1 2 3 4 5 6 7 8 9 10 11 12
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 One Year Two Year
PRIOR…. 629,487 643,219 644,488 666,724 669,435 673,467 674,901 669,692 669,971 679,656 9,684 9,964
2011 426,356 409,400 404,910 418,841 420,941 419,274 419,603 416,555 418,491 417,477 (1,014) 922
2012 XXX 449,540 445,438 449,272 441,530 442,994 445,248 440,984 439,035 439,871 835 (1,113)
2013 XXX XXX 483,109 481,415 473,779 465,780 466,055 458,101 456,503 455,640 (863) (2,461)
2014 XXX XXX XXX 564,085 560,526 553,093 541,629 530,094 516,053 511,993 (4,060) (18,101)
2015 XXX XXX XXX XXX 633,598 607,700 565,099 547,406 526,606 520,314 (6,293) (27,092)
2016 XXX XXX XXX XXX XXX 616,075 612,953 586,186 548,835 535,967 (12,868) (50,219)
2017 XXX XXX XXX XXX XXX XXX 664,273 630,457 576,929 556,203 (20,726) (74,254)
2018 XXX XXX XXX XXX XXX XXX XXX 670,219 608,876 593,430 (15,446) (76,789)
2019 XXX XXX XXX XXX XXX XXX XXX XXX 664,655 599,820 (64,836) XXX
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 609,479 XXX XXX
Totals (115,586) (239,143)
PART 3
CUMULATIVE PAID NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END 11 12
1 2 3 4 5 6 7 8 9 10
Years in Which Losses Were Incurred 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Number of Claims Closed With Loss Payment Number of Claims Closed Without Loss Payment
PRIOR…. ERROR:#VALUE! 160,843 251,055 314,501 361,687 401,942 430,851 446,428 462,861 476,812
2011 91,087 214,147 279,941 321,655 347,609 365,474 374,920 380,225 385,997 390,591
2012 XXX 91,862 222,577 301,138 343,118 370,436 382,981 394,197 399,437 404,687
2013 XXX XXX 90,882 229,765 307,718 353,235 380,443 394,809 404,399 412,647
2014 XXX XXX XXX 115,737 268,738 356,716 409,921 436,910 450,513 458,395
2015 XXX XXX XXX XXX 105,616 268,918 358,698 406,940 435,748 451,076
2016 XXX XXX XXX XXX XXX 108,625 283,100 377,739 426,670 454,221
2017 XXX XXX XXX XXX XXX XXX 116,029 296,939 393,231 443,284
2018 XXX XXX XXX XXX XXX XXX XXX 129,551 327,261 426,257
2019 XXX XXX XXX XXX XXX XXX XXX XXX 144,964 328,965
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 137,354 XXX XXX
PART 4
BULK AND IBNR RESERVES ON NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END
1 2 3 4 5 6 7 8 9 10
Years in Which Losses Were Incurred 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR…. 255,593 188,933 144,623 111,464 90,634 75,196 76,095 63,145 63,059 57,025
2011 195,715 85,864 47,919 36,977 29,124 21,928 18,346 14,518 14,476 12,669
2012 XXX 207,664 104,902 57,647 37,760 34,075 28,210 20,678 18,990 15,956
2013 XXX XXX 228,753 122,519 74,459 54,367 41,323 27,687 21,618 18,821
2014 XXX XXX XXX 252,866 139,777 97,086 63,886 45,740 32,546 25,699
2015 XXX XXX XXX XXX 329,105 191,106 103,663 69,053 43,846 32,738
2016 XXX XXX XXX XXX XXX 290,613 156,664 99,608 47,902 28,396
2017 XXX XXX XXX XXX XXX XXX 318,282 163,651 81,326 40,067
2018 XXX XXX XXX XXX XXX XXX XXX 299,294 115,596 49,397
2019 XXX XXX XXX XXX XXX XXX XXX XXX 299,368 95,185
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 244,048
PART 5
SECTION 1
Years in Which Premiums Were Earned and Losses Were Incurred CUMULATIVE NUMBER OF CLAIMS CLOSED WITH LOSS PAYMENT DIRECT AND ASSUMED AT YEAR END
1 2 3 4 5 6 7 8 9 10
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR…. 11,496 2,530 2,785 844 (1,616) (219) 220 202 233 160
2011 18,564 27,836 29,727 30,400 30,354 30,582 30,701 30,784 30,896 30,871
2012 XXX 19,115 28,937 30,782 31,174 31,558 31,743 31,871 32,054 32,016
2013 XXX XXX 19,906 31,101 32,558 33,359 33,826 34,031 34,196 34,236
2014 XXX XXX XXX 21,337 31,704 34,017 34,934 35,393 35,612 35,698
2015 XXX XXX XXX XXX 20,297 32,308 34,441 35,295 35,723 35,940
2016 XXX XXX XXX XXX XXX 21,191 32,344 34,829 35,703 36,106
2017 XXX XXX XXX XXX XXX XXX 21,871 33,113 35,235 36,025
2018 XXX XXX XXX XXX XXX XXX XXX 22,567 32,758 34,828
2019 XXX XXX XXX XXX XXX XXX XXX XXX 20,406 31,086
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 15,403
SECTION 2
Years in Which Premiums Were Earned and Losses Were Incurred NUMBER OF CLAIMS OUTSTANDING DIRECT AND ASSUMED AT YEAR END
1 2 3 4 5 6 7 8 9 10
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR…. 6,574 4,111 3,069 2,374 2,110 1,883 1,532 1,306 1,186 1,058
2011 11,780 2,999 1,614 975 611 415 290 206 175 146
2012 XXX 12,266 3,364 1,670 965 578 396 278 205 155
2013 XXX XXX 14,339 3,652 1,979 1,041 575 376 251 181
2014 XXX XXX XXX 13,894 3,921 1,904 1,000 547 340 266
2015 XXX XXX XXX XXX 15,404 3,779 1,827 970 569 376
2016 XXX XXX XXX XXX XXX 14,305 3,802 1,741 926 576
2017 XXX XXX XXX XXX XXX XXX 12,975 3,723 1,899 1,035
2018 XXX XXX XXX XXX XXX XXX XXX 13,008 3,784 1,854
2019 XXX XXX XXX XXX XXX XXX XXX XXX 13,211 3,630
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 10,067
SECTION 3
Years in Which Premiums Were Earned and Losses Were Incurred CUMULATIVE NUMBER OF CLAIMS REPORTED DIRECT AND ASSUMED AT YEAR END
1 2 3 4 5 6 7 8 9 10
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR…. 28,510 26,849 28,244 26,747 (1,970) (222) 2,333 315 255 5
2011 41,998 43,990 44,526 44,604 44,198 44,215 44,228 44,237 44,247 44,253
2012 XXX 43,135 45,347 45,602 45,266 45,289 45,318 45,336 45,341 45,344
2013 XXX XXX 46,425 48,689 48,511 48,534 48,558 48,566 48,575 48,581
2014 XXX XXX XXX 48,380 50,448 50,587 50,705 50,676 50,694 50,712
2015 XXX XXX XXX XXX 49,596 51,745 52,150 52,064 52,082 52,089
2016 XXX XXX XXX XXX XXX 48,537 50,881 51,335 51,404 51,470
2017 XXX XXX XXX XXX XXX XXX 47,187 50,399 50,670 50,782
2018 XXX XXX XXX XXX XXX XXX XXX 46,805 48,751 49,017
2019 XXX XXX XXX XXX XXX XXX XXX XXX 44,959 47,184
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 34,986
PART 6
SECTION 1
Years in Which Premiums Were Earned and Losses Were Incurred CUMULATIVE PREMIUMS EARNED DIRECT AND ASSUMED AT YEAR END 11
1 2 3 4 5 6 7 8 9 10 Current Year Premiums Earned
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR (642) 1,579,863 (14,752) 17,064 (19) 49 (1) (1,769) (158) (269) (407)
2011 656,802 755,490 756,159 762,090 761,874 761,878 761,869 761,881 761,881 761,842 (38)
2012 XXX 855,566 857,277 865,248 865,216 865,174 865,122 865,114 865,114 865,098 (16)
2013 XXX XXX 1,080,283 1,091,290 1,092,273 1,092,078 1,092,003 1,091,934 1,091,846 1,091,890 43
2014 XXX XXX XXX 1,190,068 1,202,135 1,203,540 1,203,476 1,203,157 1,203,009 1,203,058 48
2015 XXX XXX XXX XXX 1,312,295 1,325,385 1,326,307 1,325,753 1,325,584 1,325,569 (15)
2016 XXX XXX XXX XXX XXX 1,411,075 1,428,958 1,428,250 1,427,913 1,427,238 (675)
2017 XXX XXX XXX XXX XXX XXX 1,385,372 1,393,758 1,394,825 1,391,853 (2,972)
2018 XXX XXX XXX XXX XXX XXX XXX 1,307,583 1,320,234 1,319,568 (666)
2019 XXX XXX XXX XXX XXX XXX XXX XXX 1,201,249 1,203,817 2,568
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 1,034,230 1,034,230
Total XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 1,032,101
Earned
Premiums
(Sch P-Pt. 1) 752,664 876,310 1,066,665 1,226,132 1,326,349 1,425,344 1,403,989 1,312,659 1,214,046 1,032,068 XXX
SECTION 2
Years in Which Premiums Were Earned and Losses Were Incurred CUMULATIVE PREMIUMS EARNED CEDED AT YEAR END 11
1 2 3 4 5 6 7 8 9 10 Current Year Premiums Earned
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR – 0 1,475,089 (9) 156 (42) 52 (0) (35) (384) 277 277
2011 28,622 128,888 128,842 128,842 128,842 128,842 128,842 128,842 128,842 128,842 – 0
2012 XXX 184,556 184,538 184,541 184,535 184,535 184,535 184,535 184,535 184,535 – 0
2013 XXX XXX 225,477 225,372 225,441 225,441 225,441 225,513 225,441 225,441 – 0
2014 XXX XXX XXX 241,472 241,561 241,561 241,561 241,628 241,561 241,561 – 0
2015 XXX XXX XXX XXX 256,473 256,473 256,473 256,637 256,677 256,676 (1)
2016 XXX XXX XXX XXX XXX 289,460 289,460 290,091 290,166 290,162 (5)
2017 XXX XXX XXX XXX XXX XXX 217,331 216,384 216,415 216,415 (0)
2018 XXX XXX XXX XXX XXX XXX XXX 142,004 141,998 141,999 0
2019 XXX XXX XXX XXX XXX XXX XXX XXX 70,178 70,178 (0)
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 24,118 24,118
Total XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 24,388
Earned
Premiums
(Sch P-Pt. 1) 128,721 184,382 223,679 241,472 256,648 289,471 217,331 142,030 69,797 24,224 XXX
PART 6 – NET EARNED PREMIUM
Years in Which Premiums Were Earned and Losses Were Incurred CUMULATIVE PREMIUMS EARNED NET AT YEAR END 11
1 2 3 4 5 6 7 8 9 10 Current Year Premiums Earned
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
PRIOR (642) 104,773 (14,743) 16,908 23 (3) (1) (1,734) 226 (546) (546)
2011 628,180 626,602 627,316 633,247 633,031 633,036 633,026 633,039 633,038 633,000 (38)
2012 XXX 671,010 672,738 680,707 680,681 680,639 680,588 680,580 680,579 680,564 (16)
2013 XXX XXX 854,806 865,918 866,832 866,637 866,562 866,421 866,405 866,448 43
2014 XXX XXX XXX 948,596 960,574 961,979 961,915 961,528 961,448 961,496 48
2015 XXX XXX XXX XXX 1,055,822 1,068,912 1,069,834 1,069,116 1,068,907 1,068,893 (14)
2016 XXX XXX XXX XXX XXX 1,121,614 1,139,498 1,138,159 1,137,747 1,137,076 (670)
2017 XXX XXX XXX XXX XXX XXX 1,168,041 1,177,374 1,178,410 1,175,438 (2,972)
2018 XXX XXX XXX XXX XXX XXX XXX 1,165,579 1,178,236 1,177,570 (666)
2019 XXX XXX XXX XXX XXX XXX XXX XXX 1,131,070 1,133,639 2,569
2020 XXX XXX XXX XXX XXX XXX XXX XXX XXX 1,010,113 1,010,113
Total XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 1,007,851
Earned
Premiums
(Sch P-Pt. 1) 623,944 691,928 842,986 984,660 1,069,701 1,135,873 1,186,658 1,170,628 1,144,249 1,007,843 XXX

Disclaimer

W.R. Berkley Corporation published this content on 01 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 March 2021 09:00:04 UTC.


Publicnow 2021

All news about W.R. BERKLEY CORPORATION
Sales 2021 7 554 M
–
–
Net income 2021 700 M
–
–
Net Debt 2021 –
–
–
P/E ratio 202118,4x
Yield 20211,19%
Capitalization 12 438 M
12 438 M
–
Capi. / Sales 20211,65x
Capi. / Sales 20221,53x
Nbr of Employees7 495
Free-Float38,5%
Chart W.R. BERKLEY CORPORATION

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W.R. Berkley Corporation Technical Analysis Chart | MarketScreener

Technical analysis trends W.R. BERKLEY CORPORATION

Short TermMid-TermLong Term
TrendsBullishBullishBullish

Income Statement Evolution

Consensus

Sell
Buy
Mean consensusHOLD
Number of Analysts10
Average target price 71,11 $
Last Close Price 70,13 $
Spread / Highest target 14,1%
Spread / Average Target 1,40%
Spread / Lowest Target -23,0%
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