W. R. Berkley Corporation, Greenwich, Conn., today reported net income for the first quarter of 2006 of $162 million, a 34 percent increase from $121 million for the first quarter of 2005.

Net operating income for first-quarter 2006 increased 32 percent to $160 million, compared with $121 million for the corresponding quarter of 2005.

First-quarter highlights included:

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