75.92
+0.92%
Close of 9 Nov 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About W R Berkley
From its filings with the US Securities and Exchange Commission
W R Berkley is based in Greenwich, Connecticut and is incorporated in Delaware. Its shares trade on NYSE under the ticker WRB. It is a member of the S&P 500. The SEC classifies its business as fire, marine & casualty insurance. In the fiscal year to 31 December 2025, it reported revenue of $14.71bn and net income of $1.78bn. At that date it held total assets of $44.07bn and shareholders' equity of $9.70bn.
Our business approach is focused on meeting the needs of our customers, maintaining a high quality balance sheet, and allocating capital to our best opportunities. New businesses are started when opportunities are identified and when the right talent and expertise are found to lead a business. Of our 60 businesses, 53 have been organized and developed internally and seven have been added through acquisition.
Thirty-three of our insurance company subsidiaries are rated by A.M. Best Company, Inc. ("A.M. Best") and have financial strength ratings of A+ (Superior) (the second highest rating out of 15 possible ratings). A.M. Best's ratings are based upon factors of concern to policyholders, insurance agents and brokers and are not directed toward the protection of investors. A.M. Best states: “A Best's Financial Strength Rating (FSR) is an independent opinion of an insurer's financial strength and ability to meet its ongoing insurance policy and contract obligations. An FSR is not assigned to specific insurance policies or contracts and does not address any other risk.” A.M. Best reviews its ratings on a periodic basis, and its ratings of the Company's subsidiaries are therefore subject to change.
Quoted from its 10-K, filed 27 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Financials
- Industry
- Insurance
- Listed since
- 19 Oct 1973
- Employees
- 8,804
- Website
- berkley.com ↗
- Head office
- 475 STEAMBOAT ROAD, GREENWICH, CT, 06830
- Incorporated in
- DE
- Classification
- Fire, Marine & Casualty Insurance
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. William BerkleyExecutive Chairman of the Board, since 1967$17.7m
- Mr. W. Robert BerkleyPresident, Chief Executive Officer, Director, since 2000$17.4m
- Mr. Richard BaioChief Financial Officer, Executive Vice President$3.1m
- Mr. Philip WeltExecutive Vice President, Secretary$3.1m
- Mr. Lee IannaroneExecutive Vice President
- Mr. Heath KiddExecutive Vice President
- Ms. Lucille SgaglioneExecutive Vice President$2.5m
- Mr. James ShielExecutive Vice President - Investments$2.6m
- Mr. Christopher AugostiniIndependent Director$364,567
- Mr. Ronald BlaylockIndependent Director$315,567
- Ms. Mary FarrellIndependent Director$355,567
- Ms. Maria FerreIndependent Director$323,067
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 61
- Environment
- 83
- Social
- 66
- Governance
- 36
- Direct emissions (scope 1)
- 9,371 t
- Energy emissions (scope 2)
- 16,772 t
- Women in the workforce
- 50.9%
- Carbon reduction policy
- Yes
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Strong Financial Position: W. R. Berkley Corp has a solid financial foundation, enabling it to invest in growth opportunities and withstand market fluctuations.
- Diversified Business Portfolio: The company operates in multiple insurance sectors, including property and casualty, reinsurance, and specialty lines, which helps spread risk and capture various market opportunities.
- Established Brand Reputation: W. R. Berkley Corp has built a trustworthy brand image over the years, gaining the confidence and loyalty of customers, which can lead to long-term business partnerships.
Weaknesses
- Reliance on Certain Markets: The company's exposure to certain geographic markets or industry segments may leave it vulnerable to economic downturns or regulatory changes in those areas.
- Limited Global Presence: W. R. Berkley Corp's operations are primarily focused on the United States, which may restrict its growth potential compared to competitors with more extensive international footprints.
- Integration Challenges: Acquisitions and expansion into new markets can bring challenges in integrating systems, processes, and cultures, potentially impacting operational efficiency.
Opportunities
- Growing Insurance Demand: With increasing risks and exposures worldwide, there is a significant opportunity for W. R. Berkley Corp to expand its customer base and offer innovative insurance solutions.
- Technological Advancements: Embracing digital transformation and leveraging advanced technologies can enhance operational efficiency, improve underwriting accuracy, and provide better customer experiences.
- Emerging Markets: Exploring untapped markets, particularly in developing economies, can open doors to new business opportunities and help diversify the company's revenue sources.
Threats
- Intense Competition: The insurance industry is highly competitive, with numerous well-established players and new entrants. W. R. Berkley Corp must continually innovate to maintain its market position.
- Regulatory Environment: Changing regulations and compliance requirements can pose challenges and increase costs for W. R. Berkley Corp, especially as the insurance industry undergoes constant regulatory scrutiny.
- Economic Volatility: Economic fluctuations, market downturns, or financial crises can impact the demand for insurance products and potentially disrupt the company's financial performance.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.