Schedule VI - Supplementary Information Concerning Property-Casualty Insurance Operations

12 Months Ended

Dec. 31, 2019

Schedule VI

W. R. Berkley Corporation and Subsidiaries

Supplementary Information Concerning Property-Casualty Insurance Operations

Years Ended December 31, 2019, 2018 and 2017



(In thousands)	2019		2018		2017
Deferred policy acquisition costs	$	517,364	$	497,629	$	507,549
Reserves for losses and loss expenses	12,583,249		11,966,448		11,670,408
Unearned premiums	3,656,507		3,359,991		3,290,180
Net premiums earned	6,633,288		6,371,505		6,311,419
Net investment income	645,614		674,235		575,788
Losses and loss expenses incurred:
Current year	4,057,989		3,926,489		3,963,543
Prior years	34,079		6,831		(5,165		)
Loss reserve discount accretion	39,048		41,382		43,970
Amortization of deferred policy acquisition costs	1,001,611		915,246		1,111,489
Paid losses and loss expenses	3,659,402		3,664,885		3,589,955
Net premiums written	6,863,499		6,433,227		6,260,508

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See Report of Independent Registered Public Accounting Firm.