William Berkley News

Berkley Downplays Effects of Trump, Brexit Elections; Remains Optimistic for Insurance

There could be more political surprises coming after the U.S. election of Donald Trump and Britain’s vote to exit from the European Union but one leading insurance executive isn’t too worried. “I don’t think Brexit is going to have nearly …

Insurers, Agents Together Need to Lower Distribution Costs: Berkley

Partnership and greater efficiency will help lead the way to continued profitability for the property/casualty insurance industry despite a new level of uncertainty globally, according to William Berkley, executive chairman of the W.R. Berkley Corp. Economic and social trends are …

W.R. Berkley Reports Q4 Premium Growth, Net Income Drop

W.R. Berkley Corp. reported a stellar fourth-quarter in terms of premium growth, but net income dipped at year-end due in part to investment return challenges. Berkley’s 2014 Q4 net income is booked at $110.7 million ($0.83 per diluted share), versus …

W.R. Berkley Reports Slight Price Increases in Q1

Prices were up in nearly all segments at W.R. Berkley Corp. in the first quarter while overall net written premiums grew 10 percent. Net income for the quarter was $116 million, or 79 cents per share, compared to $119 million, …