Welcome to our dedicated page for W.R. Berkley Corporation news (Ticker: WRB), a resource for investors and traders seeking the latest updates and insights on W.R. Berkley Corporation stock.
W.R. Berkley Corporation, founded in 1967, is a prominent player in the commercial lines property casualty insurance sector. As one of the nation’s premier insurance providers, W.R. Berkley operates through a decentralized structure, allowing each subsidiary to focus on niche markets requiring specialized knowledge. This approach empowers local management to swiftly adapt to market conditions and customer needs, fostering a culture of financial accountability and high professional standards.
W.R. Berkley’s diverse portfolio includes various excess and surplus lines, workers' compensation insurance, self-insurance consulting, reinsurance, and regional commercial lines tailored for small to midsize businesses. The company's long-term strategy focuses on leveraging its expertise and resources to navigate the current market environment while maintaining the agility to innovate and respond to future opportunities and challenges.
Through its numerous subsidiaries, W.R. Berkley has established a competitive advantage by providing specialized insurance solutions and personalized service. This has resulted in a robust financial condition and a strong market presence. Recent achievements and ongoing projects underscore the company's commitment to excellence and continuous improvement in its offerings.
Whether it's offering tailored insurance products or forming strategic partnerships, W.R. Berkley remains dedicated to delivering value to its customers and stakeholders. Stay informed with the latest updates, achievements, and market developments related to W.R. Berkley Corporation here on StockTitan.
W. R. Berkley Corporation (NYSE: WRB) has declared a regular quarterly cash dividend of 10 cents per share. This dividend will be paid on March 23, 2023 to shareholders on record at the close of business on March 9, 2023. Established in 1967, W. R. Berkley Corporation is a leading insurance holding company operating primarily in the property casualty insurance sector. The company's operational segments include Insurance and Reinsurance & Monoline Excess. For additional details, visit www.berkley.com.
W. R. Berkley Corporation (NYSE: WRB) reported a strong fourth quarter and full year 2022 performance, featuring a 29.8% increase in net income, reaching $382.2 million in Q4 and $1.4 billion annually. The return on equity improved to 23.0% in Q4 and 20.8% for the year. Gross premiums written increased 11.3% to $11.9 billion, while net investment income surged 40.2% to a record $231.3 million in Q4. Annual pre-tax underwriting income hit $1.0 billion. The company emphasizes its growth strategy amid inflationary pressures, showcasing strong underwriting and investment performance.
W. R. Berkley Corporation (NYSE: WRB) will release its fourth quarter and full year 2022 earnings on January 26, 2023, after market close. The earnings release will be available on the Company’s website. A quarterly conference call is scheduled for the same day at 5:00 p.m. eastern time, with a live audio webcast accessible via the website. Founded in 1967, W. R. Berkley is a leading insurance holding company, operating in the property casualty insurance sector, specifically in Insurance and Reinsurance & Monoline Excess.
W. R. Berkley Corporation (NYSE: WRB) has declared a special cash dividend of
W. R. Berkley Corporation (NYSE: WRB) announced the election of Daniel L. Mosley as a director, effective January 1, 2023. This decision increases the Board of Directors to ten members, with eight being independent. Mr. Mosley is currently a partner at BDT & Company and has extensive experience in leadership roles, including positions at Cravath, Swaine & Moore LLP and various non-profits. Founded in 1967, W. R. Berkley is a leading insurance holding company in the U.S., focusing on commercial lines and operating globally.
W. R. Berkley Corporation (NYSE: WRB) has announced a quarterly cash dividend of 10 cents per share, payable on December 28, 2022, to stockholders recorded by December 19, 2022. Founded in 1967, W. R. Berkley is a prominent insurance holding company in the U.S., specializing in diverse property casualty insurance services.
W. R. Berkley Corporation (NYSE: WRB) has appointed Lynn Neville as the new senior vice president of claims, effective immediately. Ms. Neville brings over 30 years of experience from an internationally recognized insurer, where she held the role of Executive Vice President, Global Head of Insurance Claims. She holds a BS in Business Administration from Villanova University and a Juris Doctor from the Delaware Law School of Widener University. President W. Robert Berkley, Jr. expressed confidence that her expertise will enhance the company's operations.
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