W.R. Berkley Corporation is a leading commercial lines property and casualty insurance company that provides a wide range of insurance products and services
Through its various subsidiaries, the company specializes in a diverse array of sectors including specialty insurance, excess and surplus lines, and reinsurance, catering to the unique needs of businesses across different industries. With a focus on risk management and innovative solutions, W.R. Berkley aims to deliver strong underwriting expertise and superior customer service, positioning itself as a key player in the insurance marketplace.
The Dow Jones Industrial Average and Nasdaq Composite are looking to close out the week with steep losses, with the S&P 500 Index firmly lower as well.
Mitsui Sumitomo Insurance will acquire 15% stake in W.R. Berkley Corp. through investment and voting agreement. Berkley family will retain full ownership.
W. R. Berkley Corporation (NYSE: WRB) (the “Company”) today confirmed that Mitsui Sumitomo Insurance Co., Ltd. (“MSI”), a leading Japanese property and casualty insurance carrier, has entered into an arrangement (the “Investment and Voting Arrangement”) with a company owned by members of the Berkley family and trusts for their benefit (collectively, the “Berkley Family”) providing for MSI to purchase 15% of the Company’s outstanding common stock (the “Common Stock”) through open market purchases or private transactions with third parties. The Berkley Family will not be selling any of its Common Stock to MSI, nor will MSI be purchasing any shares from the Company as part of the arrangement.
W. R. Berkley Corporation (NYSE: WRB) will release its first quarter 2025 earnings after the market closes on Monday, April 21, 2025. A copy of the earnings release will be available on the Company’s website at www.berkley.com.
W. R. Berkley Corporation (NYSE: WRB) today announced the appointment of Heath Kidd as executive vice president. The appointment is effective immediately.
W. R. Berkley Corporation (NYSE: WRB) today announced the formation of Berkley Embedded Solutions to deliver tailored insurance products and services to customers at the point of purchase. This new business will bring together the best of modern technology, purpose-built digital-first insurance products, and complementary services with Berkley’s strong underwriting culture and reach. Stephanie Lloyd has been named president of the new business, effective immediately.
In this video, I review the market warnings I've shared over the past three weeks and how Friday's session confirmed negative divergences across key metrics signaling weakness.
W. R. Berkley Corporation (NYSE: WRB) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 8 cents per share to be paid on March 12, 2025 to stockholders of record at the close of business on March 3, 2025.
The US market is yet to commence its session on Tuesday, but let's get a preview of the pre-market session and explore the top S&P500 gainers and losers driving the early market movements.
W. R. Berkley Corporation (NYSE: WRB) will release its fourth quarter and full year 2024 earnings after the market closes on Monday, January 27, 2025. A copy of the earnings release will be available on the Company’s website at www.berkley.com.
W. R. Berkley Corporation (NYSE: WRB) announced today that Berkley Insurance Company has received approval from the International Financial Services Centres Authority (IFSCA) for the establishment of a branch office in India. The new branch, Berkley Insurance Company, IFSC Branch GIFT City, Gujarat, marks a significant milestone for Berkley Insurance Asia as it continues to expand its presence in the region.
