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W. R. Berkley Corporation (WRB)

NYSE - Nasdaq Real Time Price. Currency in USD
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65.82+0.49 (+0.75%)
At close: 3:59PM EDT

65.77 0.00 (0.00%)
After hours: 5:54PM EDT

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W. R. Berkley Corporation

475 Steamboat Road
Greenwich, CT 06830
United States
203-629-3000
http://www.wrberkley.com

SectorFinancial
IndustryProperty & Casualty Insurance
Full Time Employees7,683

Key Executives

NameTitlePayExercisedAge
Mr. William Robert BerkleyFounder and Exec. Chairman8.69MN/A72
Mr. William Robert Berkley Jr.Chief Exec. Officer, Pres and Director6.62MN/A44
Mr. Richard M. BaioChief Financial Officer, Sr. VP and Treasurer1.08MN/A48
Mr. James G. ShielExec. VP of Investments1.62MN/A57
Mr. Eugene G. BallardExec. VP of Fin.1.39MN/A64
Amounts are as of December 31, 2016 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.

Description

W. R. Berkley Corporation, an insurance holding company, operates as commercial lines writer in the United States and internationally. It operates through two segments, Insurance and Reinsurance. The Insurance segment underwrites insurance business, including premises operations, commercial automobile, property, products liability, and professional liability lines. This segment also provides commercial insurance products and services to small-to-midsized businesses; and various fee-based services comprising claims, administrative, and consulting services. In addition, it offers specialty, casualty, surety, general, professional, excess and umbrella coverage, accident and health, workers’ compensation, aviation, directors and officers, law enforcement, public officials and educator's legal, incidental medical, property and crime, pollution, and liquor liability products; and inland marine and related property risks, and claims and risk management services. Further, this segment provides loss control services, including financial institution-specific commercial package policies, management liability, crime coverages, and financial institution bonds. It offers its products and services in 45 states and the District of Columbia in the Unites States; and 60 countries worldwide, with branches or offices in 20 locations in the United Kingdom, Continental Europe, South America, Canada, Mexico, Scandinavia, Asia, and Australia. The Reinsurance segment provides other insurance companies and self-insureds with assistance in managing their net risk through reinsurance a portfolio basis through treaty reinsurance or on an individual basis through facultative reinsurance. W. R. Berkley Corporation was founded in 1967 and is based in Greenwich, Connecticut.

Corporate Governance

W. R. Berkley Corporation’s ISS Governance QualityScore as of September 1, 2017 is 6. The pillar scores are Audit: 2; Board: 10; Shareholder Rights: 4; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.