W.R. Berkley Corporation

W. R. Berkley Corporation is a property and casualty insurance providers. Each of the operating units in the Berkley group participates in a niche market requiring specialized knowledge about a territory or product. Our competitive advantage lies in our long-term strategy of decentralized operations, allowing each of our units to identify and respond quickly and effectively to changing market conditions and local customer needs. This decentralized structure provides financial accountability and incentives to local management and enables us to attract and retain the highest caliber professionals. We have the expertise and resources to utilize our strengths in the present environment, and the flexibility to anticipate, innovate and respond to whatever opportunities and challenges the future may hold.
Type
Public
HQ
Greenwich, US
Founded
1967
Size (employees)
7,621 (est)
W.R. Berkley Corporation was founded in 1967 and is headquartered in Greenwich, US

Key People 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 office in Greenwich
Greenwich, US

W.R. Berkley Corporation Metrics

W.R. Berkley Corporation Summary

Market capitalization

$8.7 b

Closing share price

$72.2
W.R. Berkley Corporation's current market capitalization is $8.7 b.

W.R. Berkley Corporation Financials

W.R. Berkley Corporation's revenue is $7.2 b in FY, 2015 which is a 1.1% increase from the previous period.
FY, 2013FY, 2014FY, 2015

Revenue

$6.4 b$7.1 b$7.2 b

Revenue growth, %

11.2%1.1%

Operating expense total

$5.7 b$6.2 b

Interest expense

$123.2 m$128.2 m

Income tax expense

($193.6 m)($302.6 m)

Pre tax profit

$698.9 m$952.2 m

Net Income

$499.9 m$648.9 m$504.1 m

W.R. Berkley Corporation Market Value History

W.R. Berkley Corporation Online Presence

W.R. Berkley Corporation Company Life

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