W.R. Berkley Corporation 5.10%
WRB-PF
New York Stock Exchange18.90
USD
+0.01
- -
CIK
0000011544
ISIN
US0844238057
CUSIP
084423805
Return %
Stock
S&P500
1Y
-4.69
18.21
3Y
-12.13
64.38
5Y
-30.34
72.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- William Robert Berkley Jr.
- Full Time Employees
- 8,606
- Sector
- Financial Services
- Industry
- Insurance - Property & Casualty
- Address
- 475 Steamboat Road Greenwich CT United States of America 06830
- IPO Date
- Oct 23, 1973
- CIK
- 0000011544
- Website
- berkley.com
- Similar Companies
- Business
- W. R. Berkley Corporation operates as a specialty insurance company primarily engaged in underwriting and distributing various property and casualty insurance products across the United States and selected international markets. Founded in 1967 and headquartered in Stamford, Connecticut, the company provides a broad portfolio of commercial lines insurance products including general liability; property; professional and management liability; excess and surplus lines; workers’ compensation; surety; reinsurance; and specialty programs tailored to niche industries. Its offerings are marketed through a combination of independent agencies and brokers, supporting a diversified customer base ranging from small businesses to large corporations. The company's insurance product portfolio includes specialized lines such as product liability, professional liability, environmental liability, cyber risk insurance, and construction-related coverages. It also provides reinsurance solutions and operates various subsidiary platforms focusing on targeted sectors like healthcare, excess casualty, and inland marine insurance. W. R. Berkley leverages extensive underwriting expertise and risk management services to deliver customized insurance solutions and claims management across its geographic footprint. In recent strategic developments, W. R. Berkley has strengthened its position through a significant investment and voting arrangement with Mitsui Sumitomo Insurance Co., Ltd. (MSI), a major Japanese property and casualty insurer. MSI has agreed to acquire approximately 15% of Berkley’s outstanding common stock via open market and private transactions, with anticipated completion by March 2026. This alliance underscores a strategic initiative to leverage MSI’s international presence alongside Berkley’s specialty market expertise to drive sustained growth and enhance shareholder value. The arrangement also anticipates MSI's representation on Berkley’s board of directors, reflecting a deepening partnership without operational disruptions to Berkley’s existing business model. Additionally, W. R. Berkley continues to see robust growth in net premiums earned and investment income, maintaining financial strength and resilience. Recent financial reports highlight record underwriting gains and investment yields, consistent with Berkley’s strategy of disciplined underwriting and diversification across specialty insurance segments. The company actively expands its product innovation and underwriting capacity to meet evolving market demands while preserving its long-term financial stability. W. R. Berkley Corporation remains a key player in the specialty insurance markets, delivering a comprehensive array of insurance products and risk management services in the U.S., Canada, and internationally, supported by a strong capital base and strategic partnerships formed in the last two years. The company is publicly traded on the New York Stock Exchange (NYSE: WRB) and continues to be managed by experienced leaders committed to its long-term growth trajectory and operational excellence.