Image source: The Motley Fool. Monday, Apr 21, 2025 CALL PARTICIPANTS Rob Berkley: Chief Executive Officer Bill Berkley: Executive Chairman Rich Baio: Principal Financial Officer Need a quote from one of our analysts? Email [email protected] Net Income: $418 million or $1.04 per share, with 19.9% annualized return on beginning of year equity for Q1 2025. Combined Ratio: 90.9% for 2025, and 87.2% for the current accident year excluding catastrophe losses. Catastrophe Losses: $111 million, primarily from Cali ...