Fed rate hikes will add ‘several hundred’ million dollars to investment income: Bill Berkley
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Fed rate hikes will add ‘several hundred’ million dollars to investment income: Bill Berkley

Kyoung-son Song
July 21, 2022
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WR Berkley founder and chairman Bill Berkley said that his company can add at least “several hundred million dollars” to its investment income, as the Federal Reserve hikes interest rates to tame inflation.

The remarks followed soon after the carrier posted 14.7% growth in gross written premium in Q2 and a 16.9%

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Kyoung-son Song
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