# W. R. Berkley Corporation

> W. R. Berkley Corporation is a publicly traded property and casualty insurance holding company built around roughly 60 specialized businesses. Its local and niche underwriting teams sell commercial, specialty personal, reinsurance, monoline excess and fee-based risk services through agents and brokers, while the parent centralizes capital, investments, reinsurance, actuarial support and compliance. The result is an unusual hybrid: the reach and balance sheet of a Fortune 500 carrier with operating units designed to stay close to narrow markets and make decisions quickly.

- **Founded:** 1967
- **Headquarters:** Greenwich, Connecticut, United States
- **Founders:** William R. Berkley (Founder and former Executive Chairman)
- **Team size:** 8,804 employees as of January 15, 2026
- **Products:** Commercial and specialty insurance, Reinsurance, Excess and surplus lines, Monoline excess, Berkley One
- **Notable:** A member of the Fortune 500 since 2004., Added to the S&P 500 in December 2019., A Property-Casualty Ward's 50 company every year since 2007, including 2026.

## Products & services

- **Commercial and specialty insurance** — Admitted, excess and surplus, and specialty coverages for businesses across industries including construction, transportation, technology, life sciences, healthcare, energy, marine and public entities.
- **Reinsurance** — Treaty and facultative property and casualty reinsurance for insurers in the United States and international markets.
- **Excess and surplus lines** — Coverage for complex, specialized or higher-hazard commercial risks that often sit outside standard-market underwriting rules.
- **Monoline excess** — Operations that retain risk solely on an excess basis, reported with reinsurance as the company's second operating segment.
- **Berkley One** — Personal insurance for high-net-worth individuals and families, including homes, automobiles, collections, liability and recreational marine exposures.
- **Risk and insurance services** — Fee-based claims, administrative, consulting and risk-management services offered by certain Berkley businesses.

## Achievements

- A member of the Fortune 500 since 2004.
- Added to the S&P 500 in December 2019.
- A Property-Casualty Ward's 50 company every year since 2007, including 2026.
- Built 53 of its 60 businesses internally, according to its 2025 Form 10-K.
- Reported $14.708 billion in 2025 revenue and $1.779 billion in net income to common stockholders.
- Reported record quarterly gross premiums written of $4.144 billion and record net investment income of $418.7 million in Q2 2026.
- Holds AA- financial-strength ratings from S&P and Fitch for rated insurance subsidiaries cited in its 2025 filing.

## Latest updates

- **2026-07** — Second-quarter gross premiums written reached a record $4.144 billion; net income was $452.3 million and the reported combined ratio was 90.0%.
- **2026-07** — Paul J. Stock was appointed president of Carolina Casualty, Berkley's transportation-focused commercial insurer.
- **2026-07** — Berkley was named to the 2026 Property-Casualty Ward's 50 list.
- **2026-06** — Founder and Executive Chairman William R. Berkley died at age 80; W. Robert Berkley, Jr. was identified in subsequent releases as chairman, CEO and president.
- **2026-06** — The board declared a special dividend, raised the regular quarterly cash dividend by 11.1% and expanded share-repurchase authorization.
- **2026-04** — First-quarter net income rose 23.4% year over year to $515.2 million, with an annualized return on beginning-of-year equity of 21.2%.
- **2025-12** — Mitsui Sumitomo Insurance reported beneficial ownership of at least 12.5% of Berkley's outstanding shares under its arrangement with the Berkley family.

## Links

- Website: https://www.berkley.com
- LinkedIn: https://www.linkedin.com/company/wrberkleycorporation
- Twitter/X: https://twitter.com/WRBerkleyCorp

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Last updated: 2026-08-12