W. R. Berkley Corp. announced it has launched a business unit dedicated to writing South African business. The new unit, which will report to Berkley Re UK, will provide treaty service to both insurers and brokers in the region. Sean …
W. R. Berkley Corporation announced the formation of Berkley International Seguros Colombia S.A., which it said would “provide a full range of commercial insurance products, including construction all risk, surety, general liability, directors and officers liability, select classes of professional …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of the Delaware-based Berkley Insurance Company (BIC) and 24 of its reinsured subsidiaries and affiliates, collectively referred to as W. …
W.R. Berkley Corp. reported $116 million net income for its 2013 second quarter, up more than 6 percent from $109 million net income posted one year ago. The net income for the first six months of 2013 came in at …
Commercial lines insurer W.R. Berkley Corp. reported $100.95 million net profit for its third quarter, up 32.1 percent from $76.41 million reported during the same period one year ago. The Greenwich, Conn.-based insurer said its quarterly results benefited from “significant …
W. R. Berkley Corp. has appointed Joseph Sullivan as president of Facultative Resources Inc. He is based in Stamford, Connecticut. Facultative Resources is a broker market casualty, professional liability and property facultative underwriting manager for its affiliate, Berkley Insurance Company, …
Greenwich, Conn.-based insurer W. R. Berkley Corp. is estimating Q3 catastrophe losses in the range of $50 million to $60 million, before tax. The loss estimate is net of reinsurance recoveries and is inclusive of reinstatement premiums. The company is …
