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Revision as of 12:04, 18 July 2019

W. R. Berkley Corporation
NYSEWRB
S&P 400 Component
Founded1967
HeadquartersGreenwich, Connecticut, United States
Key people
William R. Berkley, W. Robert Berkley Jr.[1]
RevenueIncrease US$ 5.823 billion (2012)[2]
Increase US$ 511 million (2012)[3]
Total assetsIncrease US$ 20.156 billion (2012)[4]
Total equityIncrease US$ 4.306 billion (2012)[5]
Number of employees
7,722[6] (2017)
Websitewww.wrberkley.com

W. R. Berkley Corporation (NYSEWRB) is a Fortune 500 company founded in 1967, and based in Greenwich, Connecticut, United States.[7][8]

W. R. Berkley Corporation is a commercial lines property & casualty insurance holding company. In 2012, W. R. Berkley's total revenue was $5.82 Billion, of which $3.94 Billion came from the company's Insurance-Domestic segment, $678 Million from Insurance-International segment and $732 Million from Reinsurance-Global segment.[9] In 2017, the total revenue was $7.68 Billion.[10]

Overview

W. R. Berkley Corporation operates worldwide in two segments of the property casualty insurance business:[10]

  • Insurance - predominantly commercial insurance business, including excess and surplus lines, admitted lines and specialty personal lines throughout the United States, as well as insurance business in the United Kingdom, Continental Europe, South America, Canada, Mexico, Scandinavia, Asia and Australia.
  • Reinsurance - reinsurance business on a facultative and treaty basis, primarily in the United States, United Kingdom, Continental Europe, Australia, the Asia-Pacific region and South Africa.

As of December 2017, the corporation consists of 54 operating units, 47 have been organized and developed internally and seven have been added through acquisition.[10]

Management

W. R. Berkley Corporation was founded in 1967 by William R. Berkley who currently serves as Executive Chairman.[8] On October 31, 2015, Mr. Berkley's son, W. Robert Berkley, Jr., assumed the position of Chief Executive Officer and President.[11]

References

  1. ^ Präsident und CEO, http://www.wrberkley.com/about/our_management/
  2. ^ [1], W. R. Berkley Corporation 10-K. Retrieved May 2, 2013.
  3. ^ [2], W. R. Berkley Corporation 10-K. Retrieved May 2, 2013.
  4. ^ [3], W. R. Berkley Corporation 10-K. Retrieved May 2, 2013.
  5. ^ [4], W. R. Berkley Corporation 10-K. Retrieved May 2, 2013.
  6. ^ "W.R. Berkley". Fortune. Retrieved 2018-12-18.
  7. ^ "W. R. Berkley, Form 8-K, Current Report, Filing Date Apr 24, 2018". secdatabase.com. Retrieved May 8, 2018.
  8. ^ a b "W. R. Berkley, Form DEF 14A, Filing Date Apr 19, 2018". secdatabase.com. Retrieved May 8, 2018.
  9. ^ [5], W. R. Berkley Corporation 10-K. Retrieved May 2, 2013.
  10. ^ a b c "W. R. Berkley, Form 10-K, Annual Report, Filing Date Feb 23, 2018". secdatabase.com. Retrieved May 8, 2018.
  11. ^ "W. R. Berkley, Form 8-K, Current Report, Filing Date Aug 5, 2015". secdatabase.com. Retrieved May 8, 2018.