W.R. Berkley (IPEX) reports 9.0% stake in Inflection Point Acquisition V

Rhea-AI Filing Summary

W.R. Berkley Corporation amended a Schedule 13G/A to report beneficial ownership of 981,096 shares of Inflection Point Acquisition Corp. V Class A ordinary shares, representing 9.0% of the class. The filing lists shared voting and dispositive power over the 981,096 shares and is dated 05/07/2026.

Insights

Corporate Governance Analyst

Ownership disclosure shows a single institutional holder with shared control over 9.0% of IPEX.

The schedule amendment identifies W.R. Berkley Corporation as the reporting person and records 981,096 shares with shared voting and dispositive power. The filing is administrative—an ownership update rather than a transaction description.

Monitor subsequent Schedule 13D/G amendments for any shift from passive to active status; timing is shown as 05/07/2026.

Equity Ownership Specialist

A 9.0% stake is large enough to be noteworthy but the filing indicates shared, not sole, control.

The report attributes both shared voting and shared dispositive power for 981,096 shares. This clarifies the holder's visible position size without implying control changes or immediate disposition.

Subsequent disclosures would clarify whether this stake remains passive or leads to active influence; current filing is classificatory.

Key Figures

Beneficial ownership: 981,096 shares Percent of class: 9.0% CUSIP: G6001J107 +2 more

5 metrics

Beneficial ownership 981,096 shares Held of Inflection Point Acquisition Corp. V Class A

Percent of class 9.0% Percent of Class A ordinary shares reported

CUSIP G6001J107 Identifier for Class A ordinary shares

Voting power (shared) 981,096 shares Shared power to vote reported

Dispositive power (shared) 981,096 shares Shared power to dispose reported

Key Terms

Schedule 13G/A, beneficial ownership, CUSIP

3 terms

Schedule 13G/A regulatory

"amended a Schedule 13G/A to report beneficial ownership"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

beneficial ownership financial

"Amount beneficially owned: 981,096 (b) Percent of class: 9.0 %"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

CUSIP regulatory

"CUSIP No.: G6001J107"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

INFLECTION POINT ACQUISITION CORP. V

(Name of Issuer)

Class A ordinary shares, par value $0.0001 per share

(Title of Class of Securities)

G6001J107

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): G6001J107

1

Names of Reporting Persons

W.R. Berkley Corporation

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 981,096.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 981,096.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

981,096.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.0 %

12

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13G

CUSIP Number(s): G6001J107

1

Names of Reporting Persons

Berkley Insurance Company

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 981,096.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 981,096.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

981,096.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.0 %

12

Type of Reporting Person (See Instructions)

CO, IC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: INFLECTION POINT ACQUISITION CORP. V
(b)	Address of issuer's principal executive offices: 167 Madison Ave, Suite 205 #1017, New York, New York, 10016
Item 2.
(a)	Name of person filing: W. R. Berkley Corporation
(b)	Address or principal business office or, if none, residence: 475 Steamboat Road Greenwich, CT 06830
(c)	Citizenship: US
(d)	Title of class of securities: Class A ordinary shares, par value $0.0001 per share
(e)	CUSIP No.: G6001J107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 981,096
(b)	Percent of class: 9.0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 981,096
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 981,096
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit 99.1
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

W.R. Berkley Corporation

Signature:	/s/ Richard M. Baio
Name/Title:	Richard M. Baio/Executive Vice President and Chief Financial Officer
Date:	05/07/2026

Berkley Insurance Company

Signature:	/s/ Richard M. Baio
Name/Title:	Richard M. Baio/Executive Vice President and Treasurer
Date:	05/07/2026

FAQ

What does W.R. Berkley report for IPEX ownership?

W.R. Berkley reports beneficial ownership of 981,096 shares (9.0%). The Schedule 13G/A amendment dated 05/07/2026 lists shared voting and dispositive power over those shares.

Does the filing show who controls the 981,096 shares?

The filing indicates shared voting and shared dispositive power over the 981,096 shares. It lists the subsidiary/entity as holding the position but does not show sole control by one person.

Is this a purchase or sale by W.R. Berkley in the filing?

This filing is an amendment reporting ownership and does not describe an open-market purchase or sale. It updates the Schedule 13G/A position rather than detailing a transaction.

What class and CUSIP are associated with the reported shares?

The reported securities are Class A ordinary shares, par value $0.0001, CUSIP G6001J107. The issuer named is Inflection Point Acquisition Corp. V.

When was the Schedule 13G/A amendment signed?

The amendment is signed by Richard M. Baio and dated 05/07/2026. The filing identifies W.R. Berkley Corporation as the reporting person and includes the 9.0% ownership figure.