W. R. Berkley Corporation Reports Third Quarter EPS of $.61

W. R. Berkley Corporation

today reported net income for the third quarter of 2010 of $94 million, or 61 cents per share, compared with $98 million, or 59 cents per share, for the third quarter of 2009. Operating income for the third quarter of 2010 was $103 million, or 67 cents per share, compared with $112 million, or 67 cents per share, for the corresponding quarter of 2009. Operating income is a non-GAAP financial measure defined by the Company as net income excluding income and losses from investment funds and net investment gains and losses.