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W.R. Berkley Corporation (WRB)

45.10 Up 0.37(0.83%) 4:03PM EDT
|After Hours : 45.10 0.00 (0.00%) 4:15PM EDT
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W.R. Berkley Corporation
475 Steamboat Road
Greenwich, CT 06830
United States - Map
Phone: 203-629-3000

Index Membership:N/A
Industry:Property & Casualty Insurance
Full Time Employees:7,247

Business Summary 

W. R. Berkley Corporation, an insurance holding company, operates as commercial lines writers primarily in the United States. The company operates in three segments: Insurance-Domestic, Insurance-International, and Reinsurance-Global. The Insurance-Domestic segment underwrites risks associated with specialty lines of business, including premises operations, commercial automobile, property, products liability, and professional liability lines. It also provides insurance products and services to small-to-mid-sized businesses, and state and local governmental entities primarily in 45 states and the District of Columbia; insurance products, analytical tools, and risk management services, such as loss control and claims management that enable clients to select their risk tolerance and manage it appropriately; and services comprising claims, administrative, and consulting services. This segment specializes in insuring, reinsuring, and administering self-insurance programs and other alternative risk transfer mechanisms for clients, such as commercial and governmental entity employers, employer groups, insurers, and other groups or entities seeking ways to manage their exposure to risks. The Reinsurance-Global segment offers other insurance companies and self-insureds with assistance in managing their net risk through reinsurance on a portfolio basis through treaty reinsurance or on an individual basis through facultative reinsurance. The Insurance-International segment underwrites specialty, casualty, property, automobile, group life and health and workers' compensation, professional indemnity, directorsÂ’ and officersÂ’ liability, medical malpractice, general liability, personal accident and travel, engineering and construction, and surety lines of business in approximately 40 countries. W. R. Berkley Corporation was founded in 1967 and is based in Greenwich, Connecticut.

Key Statistics

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Corporate Governance 
W.R. Berkley Corporation’s ISS Governance QuickScore as of Jul 1, 2014 is 9. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 4; Compensation: 10.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. William Robert Berkley , 69
Chairman, Chief Exec. Officer and Member of Exec. Committee
Mr. William Robert Berkley Jr., 41
Pres, Chief Operating Officer, Director and Member of Exec. Committee
Mr. Eugene G. Ballard , 61
Chief Financial Officer, Principal Accounting Officer and Sr. VP
Mr. James G. Shiel , 54
Sr. VP of Investments
Mr. Ira S. Lederman , 60
Sr. VP, Gen. Counsel and Sec.
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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