W. R. Berkley Corporation
News and overview for W. R. Berkley Corporation
W. R. Berkley Corporation Announces Executive Appointments at Berkley Regional Specialty Insurance Company and Regional Excess Underwriters, LLC [Press Release]
Business Wire | 17 days 7 hours 17 minutes ago
W. R. Berkley Corporation (NYSE: WRB) today named Paul S. McAuliffe president of Berkley Regional Specialty Insurance Company. He succeeds Bill Thornton, who will now lead Regional Excess Underwriters, LLC as president and remains chairman of Berkley Regional Specialty. Both appointments are effective immediately.
W. R. Berkley Corporation Names W. Robert Berkley, Jr. President and Chief Operating Officer [Press Release]
Business Wire | 19 days 4 hours 56 minutes ago
W. R. Berkley Corporation (NYSE:WRB) today announced the election by the Board of Directors of W. Robert Berkley, Jr. as president and chief operating officer of the Company. The appointment is effective immediately.
W. R. Berkley Corporation Reports Third Quarter Results [Press Release]
Business Wire | 27 days 6 hours 49 minutes ago
W. R. Berkley Corporation (NYSE: WRB) today reported net income for the third quarter of 2009 of $98 million, or 59 cents per share, compared with a net loss of $28 million, or 17 cents per share, for the third quarter of 2008. Operating income for the third quarter of 2009 was $112 million, or 67 cents per share, compared with $103 million, or 63 cents per share, for the corresponding quarter of 2008. Operating income is a non-GAAP financial measure defined by the Company as net income exclu...
W. R. Berkley Corporation Declares Dividend [Press Release]
Business Wire | 19 days 7 hours 3 minutes ago
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 6 cents per share to be paid on January 5, 2010 to stockholders of record at the close of business on December 14, 2009.
A.M. Best Assigns Ratings to Queen s Island Insurance Company, Ltd. [Press Release]
Business Wire | 2 days 9 hours 47 minutes ago
A.M. Best Co. has assigned a financial strength rating of A+ (Superior) and issuer credit rating of “aa-” to Queen’s Island Insurance Company, Ltd. (Queen’s Island) (Hamilton, Bermuda). The outlook assigned to both ratings is stable.
Berkley Insurance (Europe) Names Esteban to Head Spanish Branch
Insurance Journal | 34 days 17 hours 2 minutes ago
W. R. Berkley Insurance (Europe), Limited announced that it has named Javier Esteban Presidente Ejecutivo of its Sucursal en Espa a branch located in Madrid, Spain. The appointment to this newly created position is effective immediately.
Stocks in focus for Tuesday - MarketWatch
MarketWatch | 27 days 4 hours 30 minutes ago
The yellow metal s drop is not as big a surprise as it might otherwise appears to be.
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Company Overview
| Company: | W. R. Berkley Corporation |
|---|---|
| Industry: | Property & Casualty Insurance |
| Website: | http://www.wrbc.com |
W. R. Berkley is a holding company with a full basket. The company offers an assortment of commercial property/casualty insurance across five segments. Its specialty insurance segment underwrites complex third-party liability risks, especially excess and surplus lines, professional liability, and commercial transportation insurance. Its regional segment offers commercial insurance focused on small to midsized business customers and state and local governments through regional subsidiaries. The alternative markets segment develops self-insuring programs aimed at employers and employer groups. The company also does a bit of reinsurance and a smidgen of international property/casualty underwriting.
Key Numbers
| Sales in U.S. Dollars (mil.) | 4,708.8 (2008) |
|---|---|
| One-year % Growth in Sales | -15.2 (2008) |
| Net Income in U.S. Dollars (mil.) | 281.1 (2008) |
| One-year % Growth in Net Income | -62.2 (2008) |
| Number of Employees | 5,768 (2008) |
| One-year % Growth in Number of Employees | 5.0 (2008) |
| Fiscal Year-End | December |