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Schedule VI - Supplementary Information Concerning Property-Casualty Insurance Operations
12 Months Ended
Dec. 31, 2015
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, 2015, 2014 and 2013

(In thousands)
2015
 
2014
 
2013
Deferred policy acquisition costs
$
513,128

 
$
488,525

 
$
452,101

Reserves for losses and loss expenses
10,669,150

 
10,369,701

 
10,080,941

Unearned premium
3,137,133

 
3,026,732

 
2,781,437

Net premiums earned
6,040,609

 
5,744,418

 
5,226,537

Net investment income
512,645

 
600,885

 
544,291

Losses and loss expenses incurred:
 
 
 
 
 
Current year
3,653,561

 
3,495,825

 
3,221,393

Prior years
(46,713
)
 
(75,764
)
 
(78,810
)
Loss reserve discount accretion
49,422

 
70,506

 
54,441

Amortization of deferred policy acquisition costs
1,102,492

 
1,053,397

 
991,070

Paid losses and loss expenses
3,257,015

 
3,115,227

 
2,878,071

Net premiums written
6,189,515

 
5,996,947

 
5,500,173


See accompanying Report of Independent Registered Public Accounting Firm.