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W.R. Berkley Corporation (WRB)On Feb 9: 24.92  Up 0.69 (2.85%)  
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W.R. Berkley Corporation
475 Steamboat Road
Greenwich, CT 06830
United States - Map
Phone: 203-629-3000
Fax: 203-629-3073
Web Site: http://www.wrberkley.com

DETAILS 
Index Membership:S&P 400 MidCap
S&P 1500 Super Comp
Sector:Financial
Industry:Property & Casualty Insurance
Full Time Employees:5,768

BUSINESS SUMMARY 
W.R. Berkley Corporation, through its subsidiaries, operates in the property casualty insurance business primarily in the United States. It operates in five segments: Specialty, Regional, Alternative Markets, Reinsurance, and International. The Specialty segment underwrites third-party liability risks, including excess and surplus lines, premises operations, commercial automobile, property, products liability, and professional liability lines. The Regional segment provides commercial insurance products to small-to-mid-sized businesses, and state and local governmental entities primarily in the United States and the District of Columbia. It sells its products through a network of non-exclusive independent agents. The Alternative Markets segment engages in insuring, reinsuring, and administering self-insurance programs and other alternative risk transfer mechanisms to commercial and governmental entities employers, employer groups, insurers, and other groups or entities seeking alternative ways to manage their exposure to risks. It offers workers’ compensation insurance products. This segment also provides claims, administrative, and consulting services. The Reinsurance segment underwrites property casualty reinsurance on both a treaty and a facultative basis, including professional liability, umbrella, workers’ compensation, commercial automobile, and trucking. The International segment offers professional indemnity, directors’ and officers’ liability, medical malpractice, general liability, construction risks, personal accident and travel products, and commercial and personal property casualty insurance products, as well as property and casualty reinsurance products. It also has operations in Australia, Canada, Hong Kong, South America, the United Kingdom, and continental Europe. The company was founded in 1967 and is based in Greenwich, Connecticut.
Key Statistics

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    CORPORATE GOVERNANCE 
    W.R. Berkley Corporation's Corporate Governance Quotient (CGQ®) as of 1-Feb-10 is better than 8.6% of S&P 400 companies and 34.2% of Insurance companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. William R. Berkley , 65
    Chairman, Chief Exec. Officer, Member of Exec. Committee and Member of Pricing Committee
    $ 9.95M $ 5.39M
    Mr. William Robert Berkley Jr., 37
    Pres, Chief Operating Officer, Director, Member of Exec. Committee and Vice Chairman of Berkley International LLC
    $ 2.60M $ 1.65M
    Mr. Eugene G. Ballard , 57
    Chief Financial Officer, Principal Accounting Officer, Sr. VP
    $ 1.12M $ 0
    Mr. James G. Shiel , 50
    Sr. VP of Investments and Pres of Berkley Dean & Company Inc
    $ 960.00K $ 2.51M
    Mr. Ira S. Lederman , 57
    Sr. VP, Corp. Sec., Gen. Counsel and Gen. Counsel of Berkley International LLC
    $ 1.12M $ 0
    Dollar amounts are as of 31-Dec-08 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.
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