W. R. Berkley Corporation (WRB) Q4 2022 Earnings Call Transcript

W. R. Berkley Corporation (NYSE:WRB) Q4 2022 Earnings Conference Call January 26, 2023 5:00 PM ET

Company Participants

Robert Berkley - President & CEO

Richard Baio - EVP & CFO

Conference Call Participants

Elyse Greenspan - Wells Fargo

David Motemaden - Evercore ISI

Mark Hughes - Truist Securities

Alex Scott - Goldman Sachs

Ryan Tunis - Autonomous Research

Josh Shanker - Bank of America

Yaron Kinar - Jefferies

Meyer Shields - KBW

Mike Zaremski - BMO

Operator

Good day, and welcome to the W. R. Berkley Corporation's Fourth Quarter and Full Year 2022 Earnings Conference Call. Just a reminder, today’s call is being recorded. The speakers remarks may contain forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words including, without limitation, believes, expects or estimates.

We caution you that such forward-looking statements should not be regarded as a representation by us that the future plans, estimates or expectations contemplated by us will, in fact, be achieved. Please refer to our Annual Report on Form 10-K for the year ended December 31, 2021 and our other filings made with the SEC for a description of the business environment in which we operate and the important factors that may materially affect our results.

W. R. Berkley Corporation is not under any obligation, and expressly disclaims any such obligation to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

And now, I'll turn the call over to Mr. Rob Berkley. Mr. Berkley. Please go ahead.

Robert Berkley

Bo, thank you very much, and good afternoon all, and a warm welcome to our fourth quarter call. On this end-of-the phone co-hosting with me is Bill Berkley, our Executive Chairman, as well as Rich Baio, our Executive Vice President and Chief Financial Officer We're going to follow the typical agenda as we have done in the past and I'm going to hand it over to Rich momentarily.

He's going to walk us all through some highlights of both the quarter and the year. Once he is through with his comments, I'll pick it up from there, offer a few observations and thoughts of my own and then we will be looking forward to opening up for Q&A and taking the discussion anywhere participants would like it to go.

One thing before I hand it over to Rich, and that is just maybe taking a moment to pause and reflect publicly on the year, and we'll be getting into the numbers and the results, but it does seem appropriate, at least from my perspective and our Chairman's perspective to extend some recognition. Thank you and congratulations to our colleagues.