Articles from W. R. Berkley Corporation

W. R. Berkley Corporation (NYSEWRB) today reported its fourth quarter and full year 2024 results.

W. R. Berkley Corporation (NYSEWRB) will release its fourth quarter and full year 2024 earnings after the market closes on Monday, January 27, 2025. A copy of the earnings release will be available on the Company’s website at www.berkley.com.

W. R. Berkley Corporation (NYSEWRB) announced today that Berkley Insurance Company has received approval from the International Financial Services Centres Authority (IFSCA) for the establishment of a branch office in India. The new branch, Berkley Insurance Company, IFSC Branch GIFT City, Gujarat, marks a significant milestone for Berkley Insurance Asia as it continues to expand its presence in the region.

W. R. Berkley Corporation (NYSEWRB) announced today that its Board of Directors declared a special cash dividend on its common stock of 50 cents per share to be paid on December 27, 2024 to stockholders of record at the close of business on December 16, 2024. The special dividend announced today is the third in 2024.

W. R. Berkley Corporation (NYSEWRB) announced today that W. Robert Berkley, Jr., its president and chief executive officer, will present at the 2024 Goldman Sachs U.S. Financial Services Conference. The presentation will take place on Wednesday, December 11, 2024 at 11:20 a.m. eastern time.

W. R. Berkley Corporation (NYSEWRB) today reported its third quarter 2024 results.

W. R. Berkley Corporation (NYSEWRB) will release its third quarter 2024 earnings after the market closes on Monday, October 21, 2024. A copy of the earnings release will be available on the Company’s website at www.berkley.com.

W. R. Berkley Corporation (NYSEWRB) announced today that its Board of Directors has declared a special cash dividend on its common stock of 25 cents per share to be paid on September 30, 2024 to stockholders of record at the close of business on September 23, 2024.

W. R. Berkley Corporation (NYSEWRB) today announced the appointment of Antonio Q. L. Rhodes as president of Berkley Mid-Atlantic Insurance Group (“BMAG”), a Berkley company. The appointment is effective immediately.

W. R. Berkley Corporation (NYSEWRB) today reported its second quarter 2024 results.

W. R. Berkley Corporation (NYSEWRB) today announced the appointment of Lucas Prahl, Jr. as president of Berkley Human Services, a Berkley company. He succeeds Roger M. Nulton, who has been named chairman of the business. The appointments are effective immediately.

W. R. Berkley Corporation (NYSEWRB) will release its second quarter 2024 earnings after the market closes on Monday, July 22, 2024. A copy of the earnings release will be available on the Company’s website at www.berkley.com.

W. R. Berkley Corporation (NYSEWRB) announced today that its Board of Directors has declared a special cash dividend on its common stock of 50 cents per share to be paid on June 28, 2024 to stockholders of record at the close of business on June 24, 2024.

W. R. Berkley Corporation (NYSEWRB) today reported its first quarter 2024 results.

W. R. Berkley Corporation (NYSEWRB) today announced that its Union Standard Insurance Group is changing its name to Berkley Southwest to better reflect the business’s commitment to serving the diverse needs of clients and partners with even greater efficiency, innovation, and care in the U.S. Southwest. The change is effective immediately.

W. R. Berkley Corporation (NYSEWRB) will release its first quarter 2024 earnings before the market opens on Tuesday, April 23, 2024. A copy of the earnings release will be available on the Company’s website at www.berkley.com.

W. R. Berkley Corporation (NYSEWRB) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 11 cents per share to be paid on March 13, 2024 to stockholders of record at the close of business on March 4, 2024.

W. R. Berkley Corporation (NYSEWRB) announced today that W. Robert Berkley, Jr., its president and chief executive officer, will present at the UBS 2024 Financial Services Conference in Key Biscayne, Miami, FL. The presentation will take place on Monday, February 26, 2024 at 10:30 a.m. eastern time.

W. R. Berkley Corporation (NYSEWRB) announced today that W. Robert Berkley, Jr., its president and chief executive officer, will present at the Bank of America 2024 Financial Services Conference in South Beach, Miami, FL. The presentation will take place on Wednesday, February 21, 2024 at 12:10 p.m. eastern time.

W. R. Berkley Corporation (NYSEWRB) today reported its fourth quarter and full year 2023 results.

W. R. Berkley Corporation (NYSEWRB) will release its fourth quarter and full year 2023 earnings after the market closes on Wednesday, January 24, 2024. A copy of the earnings release will be available on the Company’s website at www.berkley.com.

W. R. Berkley Corporation (NYSEWRB) today announced the appointment of Mark Schuermann as president of Berkley Entertainment, a Berkley company. He succeeds Cindy Broschart, who has been named chair of the business. The appointments are effective immediately.

W. R. Berkley Corporation (NYSEWRB) today announced the appointment of J. Daniel Asahl as president of Continental Western Group (“CWG”), a Berkley company. He succeeds Melodee Saunders. The appointment is effective immediately.

W. R. Berkley Corporation (NYSEWRB) today announced the appointment of S. Akbar Khan as president of Preferred Employers Insurance, a Berkley company. He succeeds Dennis J. Levesque. The appointment is effective immediately.

W. R. Berkley Corporation (NYSEWRB) announced today that its Board of Directors has declared a special cash dividend on its common stock of 50 cents per share to be paid on December 27, 2023 to stockholders of record at the close of business on December 18, 2023. Together with the 50 cents per share special dividend that was paid on January 24, 2023 and the 50 cents per share special dividend that was paid on October 4, 2023, this will bring special cash dividends paid during 2023 to $1.50 per share.

W. R. Berkley Corporation (NYSEWRB) announced today that W. Robert Berkley, Jr., its president and chief executive officer, will present at the 2023 Goldman Sachs U.S. Financial Services Conference. The presentation will take place on Tuesday, December 5, 2023 at 8:00 a.m. eastern time.

W. R. Berkley Corporation (NYSEWRB) today announced the appointment of Christopher H. Balch as president of Berkley Technology Underwriters, a Berkley company. He succeeds Matthew A. Mueller, who has been named chairman of the business. The appointments are effective immediately.

W. R. Berkley Corporation (NYSEWRB) today reported its third quarter 2023 results.

W. R. Berkley Corporation (NYSEWRB) today announced the appointment of John J. Forte as president of Berkley Public Entity, a Berkley Company.

W. R. Berkley Corporation (NYSEWRB) will release its third quarter 2023 earnings after the market closes on Monday, October 23, 2023. A copy of the earnings release will be available on the Company’s website at www.berkley.com.

W. R. Berkley Corporation (NYSEWRB) announced today that its Board of Directors has declared a special cash dividend on its common stock of 50 cents per share to be paid on October 4, 2023 to stockholders of record at the close of business on September 25, 2023. Together with the 50 cents per share special dividend that was paid on January 24, 2023, this will bring special cash dividends paid during 2023 to $1.00 per share.

W. R. Berkley Corporation (NYSEWRB) today announced that Lee Iannarone has been named senior vice president and general counsel. The appointment is effective immediately. He succeeds Philip S. Welt, who will continue to serve as executive vice president and secretary. In this role, Mr. Iannarone will report to Mr. Welt and be responsible for the legal affairs of the Company.

W. R. Berkley Corporation (NYSEWRB) today reported its second quarter 2023 results.

W. R. Berkley Corporation (NYSEWRB) will release its second quarter 2023 earnings after the market closes on Thursday, July 20, 2023. A copy of the earnings release will be available on the Company’s website at www.berkley.com.

W. R. Berkley Corporation (NYSEWRB) today announced the completed sale of the property and casualty insurance services division of Breckenridge IS, Inc. W. R. Berkley Corporation will recognize an estimated pre-tax net realized gain on investment of $86 million on the sale in the second quarter of 2023.

W. R. Berkley Corporation (NYSEWRB) today announced the formation of Berkley Specialty Excess to offer excess liability coverages in specialized markets, with an initial focus on the environmental and energy industries. John Termini has been named president of the new business, effective immediately.

W. R. Berkley Corporation (NYSEWRB) today announced the appointment of Jay Weber as president of Berkley Southeast Insurance Group. Mr. Weber succeeds Dennis Barger, who has been named chairman of the business. The appointments are effective immediately.

W. R. Berkley Corporation (NYSEWRB) today reported its first quarter 2023 results.

W. R. Berkley Corporation (NYSEWRB) will release its first quarter 2023 earnings after the market closes on Thursday, April 20, 2023. A copy of the earnings release will be available on the Company’s website at www.berkley.com.

W. R. Berkley Corporation (NYSEWRB) today announced the appointment of Shadi Albert as president of Berkley Luxury Group. The appointment is effective immediately.

W. R. Berkley Corporation (NYSEWRB) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 10 cents per share to be paid on March 23, 2023 to stockholders of record at the close of business on March 9, 2023.

W. R. Berkley Corporation (NYSEWRB) today reported its fourth quarter and full year 2022 results.

W. R. Berkley Corporation (NYSEWRB) will release its fourth quarter and full year 2022 earnings after the market closes on Thursday, January 26, 2023. A copy of the earnings release will be available on the Company’s website at www.berkley.com.

W. R. Berkley Corporation (NYSEWRB) announced today that its Board of Directors has declared a special cash dividend on its common stock of 50 cents per share to be paid on January 24, 2023 to stockholders of record at the close of business on January 13, 2023.

W. R. Berkley Corporation (NYSEWRB) today announced that its Board of Directors has elected Daniel L. Mosley as a director effective January 1, 2023, increasing the number of board members to ten and the number of independent directors to eight.

W. R. Berkley Corporation (NYSEWRB) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 10 cents per share to be paid on December 28, 2022 to stockholders of record at the close of business on December 19, 2022.

W. R. Berkley Corporation (NYSEWRB) today announced the appointment of Lynn Neville as senior vice president – claims. The appointment is effective immediately.

W. R. Berkley Corporation (NYSEWRB) announced today that William R. Berkley, its executive chairman and W. Robert Berkley, Jr., its president and chief executive officer, will present at the Goldman Sachs 2022 US Financial Services Conference. The presentation will take place on Tuesday, December 6, 2022 at 8:00 a.m. eastern time.

W. R. Berkley Corporation (NYSEWRB) today announced the formation of Berkley E&S Solutions, a new business that will provide surplus lines casualty coverages to middle-market and large accounts through individual wholesale broker appointments. Curtis E. Fletcher has been named president and chief executive officer of the new business, effective immediately.

W. R. Berkley Corporation (NYSEWRB) today reported its third quarter 2022 results.

W. R. Berkley Corporation (NYSEWRB) today announced that its Berkley Global Product Recall business is broadening its current product offerings and changing its name to Berkley Product Protection. In addition to product recall coverages, new liability coverages will be available for a wide array of medium to high hazard risks, including manufacturers, wholesalers and importers. The new coverages - product liability, general liability and excess liability - will be primarily offered on an admitted basis with targeted effective dates beginning January 1, 2023.

W. R. Berkley Corporation (NYSEWRB) will release its third quarter 2022 earnings after the market closes on Monday, October 24, 2022. A copy of the earnings release will be available on the Company’s website at www.berkley.com.

W. R. Berkley Corporation (NYSEWRB) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 10 cents per share to be paid on October 3, 2022 to stockholders of record at the close of business on September 26, 2022.

W. R. Berkley Corporation (NYSEWRB) today introduced a new corporate website to help agents and brokers, business owners, investors and career seekers quickly and easily find information about Berkley and its more than 50 insurance businesses. The new Berkley.com website is a complete redesign that includes new content and enhanced functionality based on extensive customer research.

W. R. Berkley Corporation (NYSEWRB) announced today that William R. Berkley, its executive chairman and W. Robert Berkley, Jr., its president and chief executive officer, will present at the 2022 Keefe, Bruyette & Woods Insurance Conference. The presentation will take place on Wednesday, September 7, 2022 at 9:50 a.m. eastern time.

W. R. Berkley Corporation (NYSEWRB) today reported its second quarter 2022 results.

W. R. Berkley Corporation (NYSEWRB) today announced the formation of Berkley Enterprise Risk Solutions. The new business will focus on providing workers’ compensation insurance to large businesses headquartered in California. Wayne Bryan has been named president of the new business, and Hale Johnston has been appointed chief operating officer. The appointments are effective immediately.

W. R. Berkley Corporation (NYSEWRB) will release its second quarter 2022 earnings after the market closes on Thursday, July 21, 2022. A copy of the earnings release will be available on the Company’s website at www.berkley.com.

W. R. Berkley Corporation (NYSEWRB) announced today that its Board of Directors has voted to increase the regular cash dividend to an annual rate of 40 cents per share, representing a 15.3% increase from the present rate. The first regular quarterly cash dividend at the new rate of 10 cents per share will be paid on July 7, 2022 to stockholders of record at the close of business on June 27, 2022. The per share dividend amounts above reflect the 3-for-2 common stock split effected on March 23, 2022.

W. R. Berkley Corporation (NYSEWRB) today announced the appointment of Luis Rivera as president of Berkley Global Product Recall. Mr. Rivera succeeds Louis Lubrano, who has been named chairman of the business. The appointments are effective immediately.

W. R. Berkley Corporation (NYSEWRB) today announced the appointment of Michael Marcus as president of Berkley Industrial Comp. He succeeds Chandler F. Cox, Jr., who has been named chairman of the business. The appointments are effective immediately.

W. R. Berkley Corporation (NYSEWRB) today announced the appointment of Scott M. McDonough as president of Midwest Employers Casualty (MEC). He succeeds Timothy Galvin, who has been named chairman of MEC. The appointments are effective immediately.

W. R. Berkley Corporation (NYSEWRB) today reported its first quarter 2022 results.

W. R. Berkley Corporation (NYSEWRB) will release its first quarter 2022 earnings after the market closes on Monday, April 25, 2022. A copy of the earnings release will be available on the Company’s website at www.berkley.com.

W. R. Berkley Corporation (NYSEWRB) announced today that its Board of Directors has approved a 3-for-2 common stock split to be paid in the form of a stock dividend to holders of record on March 9, 2022. The additional shares are expected to be issued on March 23, 2022 (immediately subsequent to the payment of the regular quarterly cash dividend referred to below).

W. R. Berkley Corporation (NYSEWRB) today announced that it has entered into an agreement for the sale of a real estate investment consisting of an office building located at 52 Lime Street, London, U.K. (known as “The Scalpel”) for £718 million, subject to agreed upon adjustments. The transaction, which is scheduled to close on March 7, 2022, is in keeping with the Company’s long-term strategy of investing for total return in order to continue delivering superior long-term value creation to shareholders despite a low interest rate environment. The estimated realized pretax gain of more than $300 million in the first quarter of 2022 is subject to adjustment for final transaction expenses and certain items, including the impact of the foreign exchange rate at the date of the close.

W. R. Berkley Corporation (NYSEWRB) today reported its fourth quarter and full year 2021 results.

W. R. Berkley Corporation (NYSEWRB) today announced the formation of Berkley Construction Solutions, to provide excess liability insurance for contractors throughout the construction industry. Andrew Robinson has been named president of the new business, effective immediately.

W. R. Berkley Corporation (NYSEWRB) will release its fourth quarter and full year 2021 earnings after the market closes on Thursday, January 27, 2022. A copy of the earnings release will be available on the Company’s website at www.berkley.com.

W. R. Berkley Corporation (NYSEWRB) announced today that William R. Berkley, its executive chairman, and W. Robert Berkley, Jr., its president and chief executive officer, will present at the 2021 UBS Specialty Insurance Conference. The virtual presentation will take place on Tuesday, December 14, 2021 at 12:00 p.m. eastern time.

W. R. Berkley Corporation (NYSEWRB) today announced the appointment of James Hastings as president of W. R. Berkley Syndicate Management Limited, the Lloyd’s managing agent for W. R. Berkley Syndicate 1967, effective February 22, 2022. David Brosnan will continue as W. R. Berkley Syndicate Management Limited’s chief executive officer. The Company expects that Mr. Hastings will assume the role of chief executive officer in 2022, subject to regulatory approval, and that Mr. Brosnan will remain on the Board of Directors of the Managing Agency following the transition.

W. R. Berkley Corporation (NYSEWRB) announced today that its Board of Directors has declared a special cash dividend on its common stock of $1.00 per share to be paid on December 22, 2021 to stockholders of record at the close of business on December 7, 2021. Together with the 50 cents per share special dividend that was paid on July 6, 2021, this will bring special dividends paid during 2021 to $1.50 per share.

W. R. Berkley Corporation (NYSEWRB) today announced the appointment of John Henle as president of Union Standard Insurance Group (Union Standard). He succeeds B. Keith Mitchell, who has been named chairman of Union Standard. The appointments are effective immediately.

W. R. Berkley Corporation (NYSEWRB) today announced the appointment of Daniel Smyrl as president of Admiral Insurance Group (Admiral). He succeeds Curtis E. Fletcher, who has been named chairman of Admiral. The appointments are effective immediately.

W. R. Berkley Corporation (NYSEWRB) today reported its third quarter 2021 results.