W. R. Berkley falls after Q3 revenue misses Wall Street estimates
** Commercial insurer W. R. Berkley WRB.N down ~1.6% to $60.04 premarket
** Co after market on Tuesday reported Q3 revenue $3.4 bln, missing Wall Street views of $3.44 bln, according to estimates compiled by LSEG
** WRB's net investment income came in at $323.8 mln in the quarter, less than estimates of $328.3 mln
** Insurers invest a portion of the cash earned from premiums into a portfolio of low-risk assets, such as bonds, which are sensitive to market fluctuations
** Co reported Q3 operating income of 93 cents per share, a cent higher than Street expectations
** As of last close, stock up ~30% YTD outperforming the benchmark S&P 500 which is up 22.7% over the same period
Reporting by Manya Saini in Bengaluru
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