OverviewSuggest Edit

W. R. Berkley is a financial services company focused on the property and 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. The Reinsurance segment provides other insurance companies with assistance in managing their net risk.
TypePublic
Founded1967
HQGreenwich, US
Websiteberkley.com
Employee Ratings3

Locations

W.R. Berkley is headquartered in
Greenwich, United States

Location Map

Latest Updates

Employees (est.) (Nov 2018)7,722
Job Openings217
Revenue (FY, 2016)$7.7 B(+7%)
Share Price (Nov 2019)$68.1

Key People/Management at W.R. Berkley

William R. Berkley

William R. Berkley

Executive Chairman
Ira S. Lederman

Ira S. Lederman

Executive Vice President and Secretary
Lucille T. Sgaglione

Lucille T. Sgaglione

EVP
James G. Shiel

James G. Shiel

Executive Vice President Investments
James P. Bronner

James P. Bronner

EVP
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W.R. Berkley Office Locations

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

W.R. Berkley Revenue

W.R. Berkley'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)

7.7b

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

6.2%

Market capitalization (12-Nov-2019)

12.5b

Closing stock price (12-Nov-2019)

68.1

Cash (30-Jun-2015)

756.4m

EV

12.1b
W.R. Berkley's current market capitalization is $12.5 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

6.4b7.1b7.2b7.7b

Revenue growth, %

11%1%6%

Interest expense

123.2m128.2m123.2m

Pre tax profit

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

Revenue

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

Operating expense total

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

Interest expense

30.3m30.3m30.3m32.9m34.5m33.0m

Pre tax profit

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

Cash

839.7m674.4m

Goodwill

110.1m150.9m

Total Assets

20.6b21.7b
Quarterly
USDQ2, 2014Q1, 2014Q2, 2014Q3, 2014Q2, 2015

Cash

966.3m643.6m842.7m1.3b756.4m

Inventories

647.7m752.4m530.2m704.0m820.3m

Goodwill

113.2m110.2m103.6m103.3m150.7m

Total Assets

20.5b20.7b21.2b22.1b21.7b
Annual
USDFY, 2013FY, 2014

Net Income

499.9m648.9m

Cash From Operating Activities

819.8m734.8m

Cash From Investing Activities

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

Depreciation and Amortization

80.0m25.2m50.8m63.4m19.2m42.3m

Cash From Operating Activities

143.2m254.6m574.8m61.0m332.9m

Cash From Investing Activities

(134.0m)(41.4m)(218.9m)277.4m

Cash From Financing Activities

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

Revenue/Employee

1.0m
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W.R. Berkley Operating Metrics

W.R. Berkley'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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W.R. Berkley Revenue Breakdown

Embed Graph

W.R. Berkley revenue breakdown by business segment: 84.0% from Insurance, 9.7% from Reinsurance and 6.3% from Corporate & Other

W.R. Berkley Online and Social Media Presence

Embed Graph

W.R. Berkley Frequently Asked Questions

  • When was W.R. Berkley founded?

    W.R. Berkley was founded in 1967.

  • Who are W.R. Berkley key executives?

    W.R. Berkley's key executives are William R. Berkley, Ira S. Lederman and Lucille T. Sgaglione.

  • How many employees does W.R. Berkley have?

    W.R. Berkley has 7,722 employees.

  • What is W.R. Berkley revenue?

    Latest W.R. Berkley annual revenue is $7.7 b.

  • What is W.R. Berkley revenue per employee?

    Latest W.R. Berkley revenue per employee is $991.2 k.

  • Who are W.R. Berkley competitors?

    Competitors of W.R. Berkley include Alleghany Corporation, Fidelity National Financial and Arch Capital.

  • Where is W.R. Berkley headquarters?

    W.R. Berkley headquarters is located at 475 Steamboat Rd, Greenwich.

  • Where are W.R. Berkley offices?

    W.R. Berkley has an office in Greenwich.

  • How many offices does W.R. Berkley have?

    W.R. Berkley has 1 office.