W. R. Berkley Corporation reported its first-quarter 2025 earnings with adjusted earnings per share (EPS) of $1.01, surpassing analyst estimates of $0.98 and marking a slight year-over-year decline of 2.88%. The company posted revenue of $3.55 billion, exceeding expectations of $3.51 billion and representing an 8.9% increase compared to the previous year. Net premiums written reached a record $3.13 billion, above the estimated $3.08 billion, and net premiums earned were $3.01 billion. The combined ratio stood at 90.9%, better than the anticipated 91.3%, reflecting strong underwriting performance despite industry-wide catastrophe losses. Return on equity (ROE) was reported at 19.9%, with an operating ROE of 19.3%. Concurrently, Chubb Ltd reported its Q1 2025 earnings with a core operating EPS of $3.68, beating estimates of $3.23 but down from $5.41 year-over-year. Chubb's net premiums written were $12.65 billion, below the expected $13.03 billion, and net premiums earned were $12.00 billion versus an estimate of $12.52 billion. The property and casualty combined ratio for Chubb was 95.7%, better than the estimated 97.3%. These earnings reports coincide with the commencement of the spring meetings of the International Monetary Fund and World Bank.