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Schedule VI - Supplementary Information Concerning Property-Casualty Insurance Operations
12 Months Ended
Dec. 31, 2014
Supplemental Information for Property, Casualty Insurance Underwriters [Abstract]  
Schedule VI - Supplementary Information Concerning Property-Casualty Insurance Operations
Schedule VI

W. R. Berkley Corporation and Subsidiaries
Supplementary Information Concerning Property-Casualty Insurance Operations
Years Ended December 31, 2014, 2013 and 2012

(In thousands)
2014
 
2013
 
2012
Deferred policy acquisition costs
$
488,525

 
$
452,101

 
$
404,047

Reserves for losses and loss expenses
10,369,701

 
10,080,941

 
9,751,086

Unearned premium
3,026,732

 
2,781,437

 
2,474,847

Net premiums earned
5,744,418

 
5,226,537

 
4,673,516

Net investment income
600,885

 
544,291

 
586,763

Losses and loss expenses incurred:
 
 
 
 
 
Current year
3,495,825

 
3,221,393

 
2,997,995

Prior years
(75,764
)
 
(78,810
)
 
(102,571
)
Loss reserve discount accretion
70,506

 
54,441

 
53,055

Amortization of deferred policy acquisition costs
1,053,397

 
991,070

 
917,583

Paid losses and loss expenses
3,115,227

 
2,878,071

 
2,708,935

Net premiums written
5,996,947

 
5,500,173

 
4,898,539


See accompanying Report of Independent Registered Public Accounting Firm.