WRB - Berkley W R Corp

Company Overview

Name

Berkley W R Corp

Tickers

WRB, WRB-PE, WRB-PF, WRB-PG, WRB-PH

Exchanges

NYSE

Employees

8329

Founded

1970

Sector Information

Other Information

CIK

11544

Category

Large accelerated filer

1-Line Summary

W. R. Berkley Corporation is a prominent insurance holding company providing specialized commercial insurance and reinsurance services worldwide.

Company summary

W. R. Berkley Corporation is a leading insurance holding company that specializes in underwriting commercial lines of insurance and providing reinsurance services globally. The company's insurance operations primarily focus on the U.S. market, offering a variety of coverage including excess and surplus lines, specialty personal lines, and various industry-specific insurances. Furthermore, it has a strong international presence, servicing clients in multiple regions including Asia, Europe, and South America. Their decentralized operational structure enables rapid adaptability to local market conditions, while centralized corporate functions support overall efficiency.

The company operates through two main segments: Insurance and Reinsurance & Monoline Excess. The Insurance segment consists of specialized businesses that cater to unique commercial needs across different geographies. Meanwhile, the Reinsurance segment provides coverage options and risk management solutions to other insurance entities. The business model emphasizes customer-centric solutions and the retention of high-quality talent, allowing Berkley to continually adapt and innovate in a competitive insurance landscape.

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