BERKLEY W R CORP (WRB) [Rocket]

In millions, except per share items	Jun-30-23	Jun-30-22	Mar-31-22	Jun-30-21	Mar-31-21	Dec-31-20	Sep-30-20	Jun-30-20
	10-Q	10-Q	10-Q	10-Q	10-Q	10-K	10-Q	10-Q
Revenues:
Insurance				6,915.4	6,580.4	6,478.8	6,392.8	6,369.5
Corporate, Other and Eliminations				525.0	502.0	507.9	486.0	504.2
Insurance - International				600.0	528.0		500.0	502.0
Total revenues				400.1	378.9	358.3	349.8	336.7
Revenue growth				18.8%	16.9%	14.0%	21.9%	20.3%
Loss and loss adjustment expenses				4,551.6	4,483.0	4,468.7	4,429.2	4,356.0
Investment expenses				8.1	7.9	9.1	8.5	7.8
Other operating expenses				-5,385.0	-5,143.0	-4,902.6	-4,602.0	-4,537.9
General and administrative				2,390.4	2,390.4	2,390.4	2,362.1	2,362.1
EBITDA				1,414.6	1,223.3	919.2	682.9	637.4
EBITDA margin				353.5%	322.9%	256.6%	195.2%	189.3%
Depreciation				141.6	143.5	135.1	167.6	126.2
EBIT				1,273.0	1,079.7	784.1	515.3	511.2
EBIT margin				318.1%	285.0%	218.9%	147.3%	151.8%
Interest and other income (expense), net				24.2	25.4		-33.2	-33.8
Interest expense, net [+]				-24.2	-25.4	46.7	33.2	33.8
Interest expense						78.2
Interest income						31.5
Pre-tax income				1,201.8	1,007.3	704.8	452.2	448.7
Income taxes				267.6	239.1	171.8	111.9	95.7
Tax rate				22.3%	23.7%	24.4%	24.7%	21.3%
Minority interest						2.3
Net income				931.9	765.9	530.7	338.2	351.0
Net margin				232.9%	202.1%	148.1%	96.7%	104.3%

Basic EPS				$3.65	$3.29	$2.52	$1.80	$1.85
Diluted EPS				$3.61	$3.26	$2.50	$1.78	$1.83

Shares outstanding (basic)				255.4	232.5	210.6	188.2	189.5
Shares outstanding (diluted)				257.9	234.7	212.3	189.8	191.3

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.