W.R. Berkley News
W.R. Berkley’s Reinsurance Combined Ratio Worsens; Q4 Net Income Dips
W.R. Berkley Corp. ended 2018 with a decline in net income and worsening reinsurance combined ratio, thanks to higher catastrophe loss expenses. At the same time, insurance premiums and investment ...
W.R Berkley, Travelers, GEICO Among 12 New Members of The Institutes RiskBlock Alliance
Twelve more companies have joined The Institutes RiskBlock Alliance, which is billed as the risk management and insurance industry's first enterprise-level blockchain consortium. The membership level ...
Investment Gains Help Boost W.R. Berkley’s Q1 Results
Save for some struggles with reinsurance, W.R. Berkley Corp. reported solid numbers for the first quarter. The company said an ongoing strategy to minimize volatility and a big gain in investment ...
Munich Re Reportedly Negotiating on London Skyscraper Plot for Possible UK HQ Site
Munich Re, the world's largest reinsurer, is in talks to acquire a plot that has approval for one of the tallest towers in the City of London financial district, people with knowledge of the plan ...
Executives On The Move at W.R. Berkley and Markel
W.R. Berkley Corp. appointed a new head of its Berkley Mid-Atlantic Group and its previous leader is taking on a new job within the company. Markel Corp. is getting a new leader for its Markel ...
W.R. Berkley Is Launching Two Mexico Subsidiaries
W.R. Berkley Corp. said it has formed two subsidiaries in Mexico: Berkley International Fianzas México S.A. and Berkley International Seguros México S.A. Both have been granted official ...
W.R. Berkley, Tokio Marine Back Weather Analytics’ $17M Series B Financing
Weather Analytics, a provider of weather and predictive risk software for the insurance industry, reported that global insurers Tokio Marine HCC and W. R. Berkley Corp. together have funded a $17 ...
W.R Berkley’s Q4 Produced Both Higher Investment Income and Cat Losses
W.R. Berkley's 2016 fourth quarter was a productive one despite higher catastrophe losses, with soaring investment income and a steady increase in premiums. The insurer reported nearly $153 million ...