W. R. Berkley Corp - Company Profile
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W. R. Berkley Corp (W. R. Berkley) is an insurance holding company that operates in the property and casualty insurance business. The company's main activities include underwriting commercial insurance and providing reinsurance services. Its major products and services encompass excess and surplus lines, admitted lines, specialty personal lines, and reinsurance on a facultative and treaty basis. W. R. Berkley serves a diverse range of customers across industries such as healthcare, cybersecurity, energy, and agriculture. The company operates in North America, Latin America, Europe, and Asia. W. R. Berkley is headquartered in Greenwich Connecticut, the US.
W. R. Berkley Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accident and Health Insurance | Claims Services |
| Accountants Professional Liability Insurance | Consulting Services |
| Business Insurance | Administrative Services |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Stake Sale | In March, the company sold a 15% stake to Mitsui Sumitomo Insurance Co Ltd. |
| 2025 | Stake Sale | In December, the company sold its 12.5% stake to Mitsui Sumitomo Insurance, an insurance company. |
| 2025 | Corporate Changes/Expansions | In August, the company created Berkley Edge, a new business to provide professional liability and casualty insurance for small to mid-sized businesses. |
Competitor Comparison
| Key Parameters | W. R. Berkley Corp | Berkshire Hathaway Inc | Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft (Munich Re) | Swiss Re Ltd | CNA Financial Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | Germany | Switzerland | United States of America |
| City | Greenwich | Omaha | Munich | Zurich | Chicago |
| State/Province | Connecticut | Nebraska | Bayern | Zurich | Illinois |
| No. of Employees | 8,804 | 387,800 | 44,568 | 13,806 | 6,600 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| W. Robert Berkley Jr | President; Chairman; Chief Executive Officer | Executive Board | 2026 | 53 |
| Richard M. Baio | Executive Vice President; Chief Financial Officer | Senior Management | 2019 | 57 |
| Lucille T. Sgaglione | Executive Vice President | Senior Management | 2015 | 76 |
| James G. Shiel | Executive Vice President - Investments | Senior Management | 2015 | 66 |
| Arthur G. Davis | Chairman - Vela Insurance Services | Executive Board | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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