W.R. Berkley Posts Record Q3 Net Income October 22, 2024 Third quarter 2024 net income at W.R. Berkley Corp. increased to about $365.6 million compared to $333.6 million the same...
WR Berkley CEO: Losses From Tech Outage Expected to Be ‘Manageable’ July 24, 2024 By Chad Hemenway W.R. Berkley CEO W. Robert Berkley, Jr. said the company does not see last week’s global network systems outage “being...
Berkley CEO: Property E&S Momentum Slows but ‘Some More Hay’ to Be Made April 24, 2024 By Chad Hemenway When it comes to observations of the excess and surplus lines market, there is a difference between the momentum of...
W.R. Berkley Reports 50.4% Increase in Q1 Net Income April 23, 2024 First quarter net income at W.R. Berkley Corp. increased about 50% compared to the same period the prior year to...
Specialty Market ‘Particularly Attractive’; Reason to Pause Elsewhere: Berkley CEO January 25, 2024 By Chad Hemenway W.R. Berkley CEO W. Robert Berkley, Jr. said he’s still got eyes on the specialty market, but maintains a cautious,...
Q3 Net Income Up 45.7% at W.R. Berkley as it Handles Unabated ‘Burn’ of Social Inflation October 24, 2023 By Chad Hemenway Third quarter net income at W.R. Berkley Corp. increased nearly 46% compared to the same period last year to about...
Berkley on Industry’s Financial Results: ‘Cat Losses Count’ July 25, 2023 By Chad Hemenway The fact is, catastrophe losses are a part of an insurers’ financial results and not a line item to be...
Markets/Coverages: W. R. Berkley Corporation Forms Berkley Specialty Excess June 1, 2023 W. R. Berkley Corporation said it has formed Berkley Specialty Excess to offer excess liability coverages in specialized markets, with...
What to Expect: WTW Spring Commercial Insurance Forecasts Mixed May 3, 2023 In striking contrast to last year’s double-digit rate hikes for public directors and officers liability insurance and 100-200% jumps for...
W.R. Berkley CEO Says Insurer Isn’t Going to Chase D&O Market ‘Down the Drain’ April 24, 2023 By Chad Hemenway W.R. Berkley Corp. President and CEO Robert Berkley said the insurer is not going to follow the directors and officers...