W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writer in the United States and internationally. It operates in two segments, Insurance and Reinsurance & Monoline Excess. The Insurance segment underwrites commercial insurance business, including premises operations, commercial automobile, property, products liability, and general and professional liability lines. It also provides workers' compensation insurance products; accident and health insurance and reinsurance products; insurance for commercial risks; specialty environmental products for contractors, consultants, and property owners and facilities operators; specialized insurance coverages for fine arts and jewelry exposures; umbrella and excess liability coverage products; and liquor liability and inland marine coverage for small to medium-sized insureds. In addition, this segment offers directors and officers, and surety risk products, as well as products for technology, and life sciences and travel industries; cyber risk solutions; casualty, group life, and crime and fidelity related insurance products; personal lines insurance solutions, including home, condo/co-op, auto, 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 & Monoline Excess 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 headquartered in Greenwich, Connecticut.
IPO Year:
Exchange: NYSE
Website: berkley.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/22/2025 | $76.00 | Buy → Neutral | Goldman |
| 4/9/2025 | $69.00 | Overweight → Equal Weight | Wells Fargo |
| 4/1/2025 | $74.00 | Buy → Neutral | BofA Securities |
| 12/5/2024 | $65.00 | Equal-Weight | Morgan Stanley |
| 11/25/2024 | $69.00 | Neutral → Buy | Goldman |
| 9/5/2024 | $56.00 | Underweight | Barclays |
| 7/1/2024 | $103.00 | Buy | TD Cowen |
| 6/13/2024 | $88.00 → $83.00 | Buy → Neutral | Goldman |
| 1/9/2024 | $69.00 → $79.00 | Outperform → In-line | Evercore ISI |
| 1/8/2024 | $73.00 | Outperform → Sector Perform | RBC Capital Mkts |
W. R. Berkley Corporation (NYSE:WRB) will release its second quarter 2025 earnings after the market closes on Monday, July 21, 2025. A copy of the earnings release will be available on the Company's website at www.berkley.com. The Company has scheduled its quarterly conference call with analysts and investors to discuss its earnings and other information on Monday, July 21, 2025 at 5:00 p.m. eastern time. A live audio webcast of the conference call may be accessed via the Company's website at www. berkley.com. Please log on early to register. A replay of the webcast will be available on the Company's website approximately two hours after the end of the call. Founded in 1967, W. R. Berkl
W. R. Berkley Corporation (NYSE:WRB) 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 30, 2025 to stockholders of record at the close of business on June 23, 2025. In addition, its Board of Directors has voted to increase the regular cash dividend to an annual rate of 36 cents per share, representing a 12.5% increase from the present rate. The first regular quarterly dividend at the new rate of 9 cents per share will be paid on June 30, 2025 to stockholders of record at the close of business on June 23, 2025. Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is amon
Net Premiums Written Increased to a Record $3.1 Billion; Return on Equity of 19.9% and Operating Return on Equity of 19.3% W. R. Berkley Corporation (NYSE:WRB) today reported its first quarter 2025 results. Summary Financial Data (Amounts in thousands, except per share data) First Quarter 2025 2024 Gross premiums written $ 3,683,939 $ 3,362,755 Net premiums written 3,133,302 2,851,291 Net income to common stockholders 417,571 442,471 Net income per diluted share (1) 1.04
W. R. Berkley Corporation (NYSE:WRB) today announced the appointment of Michael G. MacMullin as president of Berkley Luxury Group. He succeeds Shadi Albert, who remains a key member of the W. R. Berkley Corporation team. The appointment is effective immediately. W. Robert Berkley, Jr., president and chief executive officer of W. R. Berkley Corporation, commented on the appointment, "We thank Shadi for his leadership of Berkley Luxury Group and look forward to his further contributions to Berkley as he takes on new responsibilities. We are excited to welcome Mike to the group. His proven leadership and depth of experience will complement the expertise of the Berkley Luxury Group team. BLG h
MSI also entered into a voting arrangement with a company that is owned by the Berkley family and trusts for their benefit, which holds approximately 16% of the Company's outstanding Common Stock W. R. Berkley Corporation (NYSE:WRB) (the "Company") today confirmed that Mitsui Sumitomo Insurance Co., Ltd. ("MSI"), a leading Japanese property and casualty insurance carrier, has entered into an arrangement (the "Investment and Voting Arrangement") with a company owned by members of the Berkley family and trusts for their benefit (collectively, the "Berkley Family") providing for MSI to purchase 15% of the Company's outstanding common stock (the "Common Stock") through open market purchases or
W. R. Berkley Corporation (NYSE:WRB) will release its first quarter 2025 earnings after the market closes on Monday, April 21, 2025. A copy of the earnings release will be available on the Company's website at www.berkley.com. The Company has scheduled its quarterly conference call with analysts and investors to discuss its earnings and other information on Monday, April 21, 2025 at 5:00 p.m. eastern time. A live audio webcast of the conference call may be accessed via the Company's website at www. berkley.com. Please log on early to register. A replay of the webcast will be available on the Company's website approximately two hours after the end of the call. Founded in 1967, W. R. Berkle
W. R. Berkley Corporation (NYSE:WRB) today announced the appointment of Heath Kidd as executive vice president. The appointment is effective immediately. Commenting on the appointment, W. Robert Berkley, Jr., president and chief executive officer of W. R. Berkley Corporation, said, "We are pleased to welcome Heath to Berkley. As a very experienced and established leader in the property casualty insurance industry, we are confident he will be a great contributor to our organization." Mr. Kidd joins Berkley with more than 30 years of experience in the property casualty insurance industry with leadership roles across various disciplines, including strategy, underwriting, risk control, produc
Appoints Stephanie Lloyd as President W. R. Berkley Corporation (NYSE:WRB) today announced the formation of Berkley Embedded Solutions to deliver tailored insurance products and services to customers at the point of purchase. This new business will bring together the best of modern technology, purpose-built digital-first insurance products, and complementary services with Berkley's strong underwriting culture and reach. Stephanie Lloyd has been named president of the new business, effective immediately. Commenting on the appointment W. Robert Berkley, Jr., president and chief executive officer of W. R. Berkley Corporation, said, "Stephanie is recognized as a pioneer in the embedded insu
W. R. Berkley Corporation (NYSE:WRB) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 8 cents per share to be paid on March 12, 2025 to stockholders of record at the close of business on March 3, 2025. Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates two segments of the property casualty insurance business: Insurance and Reinsurance & Monoline Excess. For further information about W. R. Berkley Corporation, please visit www.berkley.com. View source version on businesswire.com: https://www.businesswire.com/news/home/2
Fourth Quarter Return on Equity of 30.9% and Operating Return on Equity of 24.3%; Quarterly Net Income and Record Operating Income Increased 45.0% and 15.5% to $576 Million and $453 Million; Record Annual Pre-Tax Underwriting Income of $1.1 Billion and Net Income of $1.8 Billion W. R. Berkley Corporation (NYSE:WRB) today reported its fourth quarter and full year 2024 results. Summary Financial Data (Amounts in thousands, except per share data) Fourth Quarter Twelve Months 2024 2023 2024 2023
Goldman downgraded W.R. Berkley from Buy to Neutral and set a new price target of $76.00
Wells Fargo downgraded W.R. Berkley from Overweight to Equal Weight and set a new price target of $69.00
BofA Securities downgraded W.R. Berkley from Buy to Neutral and set a new price target of $74.00
Morgan Stanley initiated coverage of W.R. Berkley with a rating of Equal-Weight and set a new price target of $65.00
Goldman upgraded W.R. Berkley from Neutral to Buy and set a new price target of $69.00
Barclays initiated coverage of W.R. Berkley with a rating of Underweight and set a new price target of $56.00
TD Cowen initiated coverage of W.R. Berkley with a rating of Buy and set a new price target of $103.00
Goldman downgraded W.R. Berkley from Buy to Neutral and set a new price target of $83.00 from $88.00 previously
Evercore ISI downgraded W.R. Berkley from Outperform to In-line and set a new price target of $79.00 from $69.00 previously
RBC Capital Mkts downgraded W.R. Berkley from Outperform to Sector Perform and set a new price target of $73.00