WRB - W. R. Berkley Corporation

NYSE - NYSE Delayed Price. Currency in USD

W. R. Berkley Corporation

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

SectorFinancial Services
IndustryInsurance - Property & Casualty
Full Time Employees7,722

Key Executives

NameTitlePayExercisedYear Born
Mr. William Robert BerkleyExec. Chairman8.44MN/A1945
Mr. William Robert Berkley Jr.Pres, CEO & DirectorN/AN/A1973
Mr. Richard Mark BaioSr. VP, CFO & TreasurerN/AN/A1969
Mr. James Gerald ShielExec. VP of InvestmentsN/AN/A1960
Mr. Ira Seth LedermanExec. VP & Sec.N/AN/A1954
Amounts are as of December 31, 2017 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 a commercial lines writer in the United States and internationally. It operates through two segments, Insurance and Reinsurance. The Insurance segment underwrites commercial insurance business, including premises operations, commercial automobile, property, products liability, and professional liability lines. It also provides workers' compensation, property casualty, general liability, and excess and umbrella coverage insurance products, as well as coverages for technology, ambulatory surgery centers, chiropractors, and concierge physicians; accident and health insurance and reinsurance products; insurance for commercial risks; pollution liability and protective coverages to contractors and owners; and liquor liability and inland marine coverage for small to medium-sized insureds. In addition, this segment offers aviation insurance products; directors and officers, and surety risk products, as well as products for life sciences and travel industries; coverage for excess liability, construction wrap-ups, and completed operations; cyber risk solutions; casualty, group life, and crime-related insurance products; personal lines insurance solutions, including home, condo/co-op, and collectibles; automobile, law enforcement, public officials and educator's legal, and employment practices liability, as well as incidental medical insurance products; and at-risk and alternative risk insurance program management services. The Reinsurance segment provides 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. 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 December 1, 2018 is 9. The pillar scores are Audit: 2; Board: 10; Shareholder Rights: 4; Compensation: 8.

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.