W. R. Berkley Corporation is a financial services company focused on the property/casualty insurance business. It operates through two segments, Insurance and Reinsurance. The Insurance segment underwrites insurance business, including premises operations, commercial automobile, property, products liability, and professional liability lines. This segment also provides commercial insurance products and services to small-to-midsized businesses; and various fee-based services comprising claims, administrative, and consulting services. The Reinsurance segment provides other insurance companies and self-insureds with assistance in managing their net risk through reinsurance a portfolio basis through treaty reinsurance or on an individual basis through facultative reinsurance.
Type
Public
HQ
Greenwich, US
Founded
1967
Size (employees)
7,683 (est)
W.R. Berkley Corporation was founded in 1967 and is headquartered in Greenwich, US
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Key People/Management at W.R. Berkley Corporation

Robert Berkley

Robert Berkley

Chief Executive Officer and President
Richard Baio

Richard Baio

Senior Vice President & Chief Financial Officer and Treasurer

W.R. Berkley Corporation Office Locations

W.R. Berkley Corporation has an office in Greenwich
Greenwich, US (HQ)
475 Steamboat Rd
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W.R. Berkley Corporation Financials and Metrics

W.R. Berkley Corporation Financials

W.R. Berkley Corporation's revenue was reported to be $7.65 b in FY, 2016 which is a 6.2% increase from the previous period.
USD

Revenue (FY, 2016)

7.7 b

Revenue growth (FY, 2015 - FY, 2016), %

6.2%

Market capitalization (20-Apr-2018)

9.3 b

Cash (31-Dec-2014)

674.4 m

EV

8.7 b
W.R. Berkley Corporation's current market capitalization is $9.3 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

6.4 b7.1 b7.2 b7.7 b

Revenue growth, %

11%1%6%

Interest expense

123.2 m128.2 m123.2 m

Pre tax profit

698.9 m952.2 m698.9 m
Quarterly
USDQ2, 2014Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015

Revenue

1.6 b1.7 b1.8 b1.8 b1.7 b1.8 b

Operating expense total

1.4 b1.5 b1.5 b1.6 b1.6 b1.6 b

Interest expense

30.3 m30.3 m30.3 m32.9 m34.5 m33 m

Pre tax profit

198.2 m247.6 m263.5 m278.5 m168.7 m178.2 m
Annual
USDFY, 2013FY, 2014

Cash

839.7 m674.4 m

Goodwill

110.1 m150.9 m

Total Assets

20.6 b21.7 b
Quarterly
USDQ2, 2014

Cash

966.3 m

Inventories

647.7 m

Goodwill

113.2 m

Total Assets

20.5 b
Annual
USDFY, 2013FY, 2014

Net Income

499.9 m648.9 m

Cash From Operating Activities

819.8 m734.8 m

Cash From Investing Activities

(808.3 m)
Quarterly
USDQ2, 2014Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015

Depreciation and Amortization

80 m25.2 m50.8 m63.4 m19.2 m42.3 m

Cash From Operating Activities

143.2 m254.6 m574.8 m61 m332.9 m

Cash From Investing Activities

(218.9 m)

Cash From Financing Activities

(203.9 m)(217.7 m)(109.4 m)(518.7 m)
USDY, 2016

Revenue/Employee

1 m
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W.R. Berkley Corporation Operating Metrics

W.R. Berkley Corporation's Reported Claims, units was reported to be 159 in FY, 2016.
FY, 2014FY, 2015FY, 2016

Countries

61 61 61

Customers (Preferred Employers Insurance)

12 k12 k12 k

Reported Claims, units

183 186 159

Workers' Compensation Cases Received

51 52 49
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