Greenwich property-casualty insurer W.R. Berkley Co.’s fourth-quarter net slipped 15 percent.
For three months ended Dec. 31, Berkley netted $118 million, or 82 cents a share, down from $126.9 million, or 86 cents a share, netted the same period last year.
Fourth-quarter revenues rose to $1.4 billion from $1.2 billion a year ago.
For 2011, Berkley netted $394.8 million, or $2.71 a share, down from $449.3 million, or $2.90 a share, netted in 2010.
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Full-year revenues were $5.2 billion vs. $4.7 billion last year.
