News

December 9, 2016
GREENWICH, Conn.–(BUSINESS WIRE)– W. R. Berkley Corporation (NYSE:WRB) today announced the appointment of Miklos F. Kallo as president of Berkley Regional Specialty. He succeeds Paul S. McAuliffe, who will retire at the end of the year after 15 years of service with W. R. Berkley Corporation. The appointment is effective immediately. Mr. Kallo has served in senior executive positions at two operating units of W. R. Berkley Corporation since joining the organization in 1999. He… [Read More]
December 5, 2016
GREENWICH, Conn.–(BUSINESS WIRE)– W. R. Berkley Corporation (NYSE:WRB) today introduced its new high net worth personal lines brand, Berkley One. Set to launch its products in the latter half of 2017, Berkley One will offer specialty personal insurance coverages to sophisticated individuals and families, supported by world class risk and claim management, on behalf of W. R. Berkley Insurance Group member insurance companies rated A+ (Superior) by A.M. Best. Products will be distributed through select… [Read More]
November 18, 2016
GREENWICH, Conn.–(BUSINESS WIRE)– W. R. Berkley Corporation (NYSE:WRB) today announced the formation of Berkley Cyber Risk Solutions, a W. R. Berkley Company®, to focus on insurance and risk management products that respond to the changing cyber security vulnerabilities of organizations around the world. Berkley Cyber Risk Solutions will offer specialty commercial insurance coverages on a worldwide basis to clients of all sizes on behalf of W. R. Berkley Insurance Group member insurance companies rated A+… [Read More]
November 4, 2016
GREENWICH, Conn.–(BUSINESS WIRE)– W. R. Berkley Corporation (NYSE:WRB) announced today that its Board of Directors has declared a special cash dividend on its common stock of 50 cents per share to be paid on November 21, 2016 to stockholders of record at the close of business on November 14, 2016. Together with the 50 cents per share special dividend that was paid on October 5, 2016, this brings special dividends during 2016 to $1.00 per… [Read More]
October 26, 2016
GREENWICH, Conn.–(BUSINESS WIRE)– W. R. Berkley Corporation (NYSE:WRB) today reported net income for the third quarter of 2016 of $221 million, or $1.72 per share. The Company commented: We were pleased with our third-quarter profitability. We reported sound underwriting results, with a 93.9% combined ratio. Both the loss ratio and the expense ratio were in line with our expectations. The insurance market continues to become incrementally more competitive and growth is more difficult to attain,… [Read More]