Welcome to our dedicated page for W.R Berkley news (Ticker: WRB), a resource for investors and traders seeking the latest updates and insights on W.R Berkley stock.
W. R. Berkley Corporation reports recurring developments as an insurance holding company focused on commercial property casualty business. The company operates through Insurance and Reinsurance & Monoline Excess segments, with news commonly covering premiums, underwriting profitability, combined ratios, catastrophe loss effects, investment income and the performance of its fixed-maturity portfolio.
Company updates also include capital management actions such as common-stock dividends and share repurchase authorizations, along with leadership appointments across corporate functions and operating businesses such as Berkley Oil & Gas. Founded in 1967, W. R. Berkley is a commercial lines writer with operations that include insurance and reinsurance activities worldwide.
W. R. Berkley Corporation (NYSE: WRB) has announced a rebranding of its Berkley Global Product Recall business to Berkley Product Protection. This new designation will encompass expanded product offerings including product liability, general liability, and excess liability, available for medium to high hazard risks starting January 1, 2023. The leadership team, including Luis Rivera, Ken Shoop, and Allison Daly, aims to enhance underwriting and claims capabilities, aligning with market demands for these services.
W. R. Berkley Corporation (NYSE: WRB) will release its third quarter 2022 earnings on October 24, 2022, after market close. The company will also host a conference call at 5:00 p.m. ET on the same day to discuss earnings and additional information. A live audio webcast will be available on the company’s website, with a replay accessible two hours post-call. Established in 1967, W. R. Berkley is a major player in the U.S. commercial lines insurance market, operating globally in property casualty insurance.
W. R. Berkley Corporation (NYSE: WRB) has declared a quarterly cash dividend of 10 cents per share, payable on October 3, 2022, to stockholders of record as of September 26, 2022.
Founded in 1967, W. R. Berkley Corporation is a leading insurance holding company in the U.S., specializing in commercial lines. The company operates globally through its Insurance and Reinsurance & Monoline Excess segments.
W. R. Berkley Corporation (NYSE: WRB) has launched a new corporate website aimed at enhancing accessibility for agents, brokers, business owners, and investors. The redesigned Berkley.com features improved navigation and new content based on customer insights. It includes a product locator tool, job opening displays, and a sustainability report. The initiative reflects Berkley's commitment to innovation while maintaining its longstanding values. The company, founded in 1967, operates in the property casualty insurance sector globally.
W. R. Berkley Corporation (NYSE: WRB) announced that William R. Berkley and W. Robert Berkley Jr. will present at the 2022 Keefe, Bruyette & Woods Insurance Conference on September 7, 2022, at 9:50 a.m. ET. The event will be webcast live on the company’s website, with a replay available within 24 hours for 90 days. Founded in 1967, W. R. Berkley Corporation is a leading commercial lines writer based in the U.S., specializing in property casualty insurance across Insurance and Reinsurance & Monoline Excess segments.
W. R. Berkley Corporation (WRB) reported a strong second quarter for 2022, achieving record net premiums written of $2.6 billion, a 16.9% increase year-over-year. Operating income rose 43.0% to $313.4 million, contributing to an operating return on equity of 18.8%. The company saw gross premiums written reach $3.1 billion and underwriting income increase by 32.6%. Despite a reported combined ratio of 88.6%, which included $57.9 million in catastrophe losses, the company remains optimistic about future growth due to favorable market conditions and improving investment income.
W. R. Berkley Corporation (NYSE: WRB) has established Berkley Enterprise Risk Solutions, aimed at providing specialized workers' compensation insurance to large businesses in California. Appointed as President is Wayne Bryan, who brings nearly 35 years of industry experience. Hale Johnston has been named Chief Operating Officer, contributing over 30 years in various leadership roles. This strategic move reflects the company's commitment to expand its market reach and enhance service delivery for its California-based clients.
W. R. Berkley Corporation (NYSE: WRB) will release its second quarter 2022 earnings after market close on July 21, 2022. A quarterly conference call with analysts and investors is scheduled for the same day at 5:00 p.m. ET. The live audio webcast can be accessed on the company's website. Founded in 1967, W. R. Berkley is a leading insurance holding company in the United States, operating globally in property casualty insurance segments, including Insurance and Reinsurance & Monoline Excess.
W. R. Berkley Corporation (NYSE: WRB) announced a 15.3% increase in its annual cash dividend to 40 cents per share, with the first quarterly payment of 10 cents due on July 7, 2022 for stockholders on record as of June 27, 2022. Additionally, a special cash dividend of 50 cents per share will also be paid on the same date. This will bring total capital returned to shareholders in 2022 to approximately $182 million.
AM Best has affirmed the Long-Term Issuer Credit Rating of “a-” (Excellent) for W. R. Berkley Corporation (NYSE: WRB) and a Financial Strength Rating (FSR) of A+ (Superior) for Berkley Insurance Company and its affiliates. The outlook for these ratings is stable. Berkley Group's balance sheet strength is assessed as strongest, with a risk-adjusted capitalization demonstrating solid market access. The group reported a net premium growth of 18% in Q1 2022, bolstered by significant investment gains, reflecting effective risk management.