STOCK TITAN

WR Berkley (NYSE: WRB) founder dies as CEO W. Robert Berkley Jr. becomes Chairman

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

W. R. Berkley Corporation reported the passing of its founder and Executive Chairman, William R. Berkley, at the age of 80. He founded the company in 1967 and helped build it into a Fortune 500 commercial insurance organization.

Following his death, the Board of Directors appointed W. Robert Berkley, Jr., the company’s President and Chief Executive Officer, as Chairman, effective immediately. The company reaffirmed its commitment to the founder’s values, culture, and long-term perspective in its insurance and reinsurance businesses.

Positive

  • None.

Negative

  • None.

Insights

Founder’s passing is significant personally, while board leadership transition appears orderly.

W. R. Berkley Corporation announced the death of founder and Executive Chairman William R. Berkley at age 80 and the immediate appointment of President and CEO W. Robert Berkley, Jr. as Chairman. This concentrates leadership but maintains continuity within the founding family.

The filing highlights the founder’s long-term role shaping strategy and culture, but it does not indicate operational or financial changes. From an investor perspective, this appears as a governance update with symbolic importance rather than a clear shift in business direction based on the information provided.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Founder age at death 80 years William R. Berkley’s passing
Company founding year 1967 Year W. R. Berkley Corporation was founded
Business segments 2 segments Insurance and Reinsurance & Monoline Excess
Executive Chairman financial
"the passing of its founder and Executive Chairman, William R. Berkley"
An executive chairman is the board leader who also takes an active role in running the company, combining oversight of the board with hands-on involvement in strategy and major decisions. For investors, this matters because it concentrates influence in one person—like a team captain who both sets the game plan and plays on the field—so their judgment can speed decisions but also increases governance and succession risk that can affect stock value.
Board of Directors financial
"the Company’s Board of Directors appointed W. Robert Berkley, Jr."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
Fortune 500 company financial
"built it into a Fortune 500 company that is one of the world’s leading commercial insurance organizations"
insurance holding company financial
"W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers"
Reinsurance & Monoline Excess financial
"operates two segments of the property casualty insurance business: Insurance and Reinsurance & Monoline Excess"
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 9, 2026
Commission File Number
1-15202


     W. R. BERKLEY CORPORATION     
(Exact name of registrant as specified in its charter)
Delaware22-1867895
(State or other jurisdiction of
incorporation or organization)
(I.R.S. Employer Identification No.)
  
475 Steamboat RoadGreenwichConnecticut06830
(Address of principal executive offices)(Zip Code)
(203)629-3000
(Registrant’s telephone number, including area code)
None
Former name, former address and former fiscal year, if changed since last report.

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Title of Each Class Trading Symbol Name of Each Exchange
on Which Registered
Common Stock, par value $.20 per share WRB New York Stock Exchange
5.700% Subordinated Debentures due 2058WRB-PENew York Stock Exchange
5.100% Subordinated Debentures due 2059WRB-PFNew York Stock Exchange
4.250% Subordinated Debentures due 2060WRB-PGNew York Stock Exchange
4.125% Subordinated Debentures due 2061WRB-PHNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).    Emerging growth company         


W. R. Berkley Corporation         2

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.         


W. R. Berkley Corporation         3

Item 8.01 Other Events.
On June 9, 2026, W. R. Berkley Corporation (the “Company”) issued a press release announcing the passing of the Company’s founder and Executive Chairman, William R. Berkley. The press release is attached as Exhibit 99.1 and is incorporated by reference herein.
In connection therewith, the Company’s Board of Directors appointed W. Robert Berkley, Jr., the Company’s President and Chief Executive Officer, as Chairman.


W. R. Berkley Corporation         4

Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit 99.1 Press Release, issued June 9, 2026.
Exhibit 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document)





W. R. Berkley Corporation         5



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

W. R. BERKLEY CORPORATION




By: /s/ Richard M. Baio
Name:Richard M. Baio
Title:Executive Vice President -
Chief Financial Officer




        


Date: June 10, 2026






NEWS
RELEASE
W. R. Berkley Corporation
475 Steamboat Road
Greenwich, Connecticut 06830
(203) 629-3000
             
FOR IMMEDIATE RELEASE     CONTACT:    Karen A. Horvath
Vice President - External
Financial Communications
(203) 629-3000


W. R. BERKLEY CORPORATION ANNOUNCES THE PASSING OF ITS FOUNDER AND EXECUTIVE CHAIRMAN, WILLIAM R. BERKLEY

Greenwich, CT, June 9, 2026 -- W. R. Berkley Corporation (NYSE: WRB) announced with deep sadness the passing of its founder and Executive Chairman, William R. Berkley, today at the age of 80.
Mr. Berkley founded the Company in 1967 and, over the course of nearly six decades, built it into a Fortune 500 company that is one of the world’s leading commercial insurance organizations. His vision, discipline, and unwavering commitment to an entrepreneurial culture focused on underwriting excellence and long-term results shaped the Company’s success and leaves an enduring imprint on both the Company and the insurance industry. He was a product of the American dream and had a strong desire to instill and support that dream in others.
W. Robert Berkley, Jr., President and Chief Executive Officer, said: “My father was more than an extraordinary leader and entrepreneur, whose vision and values shaped the Company. He was a father, best friend, and mentor to me and numerous colleagues, and his influence on us, our Company, and the broader industry and the countless lives he touched and enhanced is immeasurable.
“Beyond his business achievements, my father was deeply devoted to giving back to improve the lives of others. He particularly focused on education and healthcare. He generously supported educational institutions at all levels, reflecting his belief in expanding opportunity and fostering intellectual curiosity, and his conviction that opportunity and knowledge are fundamental to individual growth and societal progress.
“He was equally committed to advancing healthcare, supporting hospitals, research institutions, and community-based programs. He helped promote improvements in patient care and medical research, reflecting his compassion and commitment to benefiting others.



“While we are deeply saddened by his passing, we remain committed to carrying forward his values, culture, and long-term perspective. His philanthropic contributions will endure for generations through the many organizations and individuals he touched.”
The Board of Directors has appointed W. Robert Berkley, Jr. as Chairman, effective immediately.
Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates two segments of the property casualty insurance business: Insurance and Reinsurance & Monoline Excess. For further information about W. R. Berkley Corporation, please visit www.berkley.com.

FAQ

What did W. R. Berkley Corporation (WRB) announce in this 8-K filing?

W. R. Berkley Corporation announced the passing of its founder and Executive Chairman, William R. Berkley, at age 80, and disclosed that the Board appointed President and CEO W. Robert Berkley, Jr. as Chairman, effective immediately, to maintain leadership continuity.

Who is now Chairman of W. R. Berkley Corporation (WRB)?

The Board appointed W. Robert Berkley, Jr., already President and Chief Executive Officer, as Chairman effective immediately. This combines the roles of CEO and Chairman, keeping leadership within the Berkley family and signaling continuity in the company’s strategic direction and culture.

Who was William R. Berkley and what was his role at WRB?

William R. Berkley founded W. R. Berkley Corporation in 1967 and served as Executive Chairman. Over nearly six decades, he helped build the insurer into a Fortune 500 commercial insurance organization, strongly influencing its entrepreneurial culture, underwriting focus, and long-term business perspective.

Does the WRB 8-K filing announce any financial or earnings changes?

The filing does not describe new financial or earnings figures. It focuses on the passing of founder and Executive Chairman William R. Berkley and the Board’s decision to appoint W. Robert Berkley, Jr. as Chairman, emphasizing leadership and governance developments rather than operating results.

What businesses does W. R. Berkley Corporation (WRB) operate?

W. R. Berkley Corporation is an insurance holding company and one of the largest commercial lines writers in the United States. It operates two segments of the property casualty insurance business: Insurance and Reinsurance & Monoline Excess, serving a broad range of commercial customers.

How does WRB describe William R. Berkley’s broader impact beyond the company?

The company notes William R. Berkley’s strong philanthropic focus on education and healthcare. It highlights his support for educational institutions, hospitals, research organizations, and community programs, emphasizing his belief in opportunity, knowledge, improved patient care, and long-term societal benefits.

Filing Exhibits & Attachments

5 documents