$WRB (W.R. Berkley Corporation)

$WRB {{ '2016-07-25T20:30:19+0000' | timeago}} • Announcement

$WRB said its net premiums written in 2Q16 increased 6.4% to $1.64Bil from $1.54Bil in 2Q15. Combined ratio in the quarter was 92.3% before catastrophe losses and 94.9% after catastrophe losses. Book value per share grew 3.2% in 2Q16 and 7.1% for 1H16.

$WRB {{ '2018-01-05T19:42:17+0000' | timeago}} • Announcement

$WRB announced the appointment of David R. Lockhart as President of Gemini Transportation Underwriters, a Berkley Company. Mr. Lockhart succeeds Rocco P. Modafferi, who has been named Chairman of Gemini. The appointments are effective immediately.

$WRB {{ '2017-11-28T20:29:20+0000' | timeago}} • Announcement

$WRB announced the appointment of Michael A. Lex as President of Continental Western Group (CWG), a Berkley Company. Mr. Lex succeeds Michael G. Connor, who has been appointed President of Berkley FinSecure, a Berkley Company. The appointments are effective immediately.

$WRB {{ '2017-10-04T21:49:35+0000' | timeago}} • Announcement

$WRB said its preliminary estimated catastrophe losses attributable to Hurricanes Harvey, Irma and Maria and the earthquakes in Mexico are expected to be less than $110MM before tax, or $72MM after tax. The company's loss estimate gives consideration to all expected reinsurance recoveries and is inclusive of reinstatement premiums.

$WRB {{ '2017-08-09T14:10:20+0000' | timeago}} • Announcement

$WRB declared a regular quarterly cash dividend of $0.14 per common share, payable October 4, 2017 to stockholders of record on September 20, 2017. The BoD also increased the share repurchase authorization back to its previous level of 10MM shares of common stock, which represents about 8% of the shares outstanding at June 30, 2017.

$WRB {{ '2017-06-12T20:03:31+0000' | timeago}} • Announcement

$WRB announced the formation of Berkley International Fianzas Mexico S.A. and Berkley International Seguros Mexico S.A. Both have been granted authorization to commence operations by Comision Nacional de Seguros y Fianzas (CNSF) and will begin offering coverages to clients throughout Mexico in the next few weeks.

$WRB {{ '2017-06-07T15:55:13+0000' | timeago}} • Announcement

$WRB announced the formation of two independent operating units, Berkley Entertainment & Sports and Berkley Environmental. These units, which previously comprised Berkley Specialty Underwriting Managers, have grown and evolved into independently successful businesses.

$WRB {{ '2017-05-22T21:09:05+0000' | timeago}} • Announcement

Berkley Insurance Co., the lead insurance company subsidiary of $WRB, appointed each of Naomi Kinderman and Beth Zaro Green as VP, claims senior counsel. The appointments are effective immediately.

$WRB {{ '2017-05-17T11:42:36+0000' | timeago}} • Announcement

$WRB has increased the regular cash dividend on its common stock to 14 cents per share. It will be paid on July 5, 2017 to stockholders as on June 15, 2017. The BoD has also declared a special cash dividend on its common stock of 50 cents per share to be paid on July 5, 2017 to stockholders as on June 15, 2017.

$WRB {{ '2017-04-19T17:09:20+0000' | timeago}} • Announcement

$WRB said Michael Nannizzi has joined its corporate investment team. In this newly created role, Nannizzi will be responsible for evaluating investments in emerging insurance technology companies. The appointment is effective immediately. Nannizzi most recently served as the lead equity analyst covering insurance at $GS.

$WRB {{ '2017-03-24T11:05:47+0000' | timeago}} • Announcement

$WRB appointed Christopher Rourke as President of Berkley North Pacific, a Berkley Company. The appointment is effective immediately. Rourke succeeds Jeffrey Dehn, who will retire following a management transition.

$WRB {{ '2017-03-08T18:22:01+0000' | timeago}} • Announcement

$WRB's BoD has nominated Maria Luisa Ferré to stand for election as a new director at the company’s Annual Meeting of Shareholders on May 16, 2017. At that time, George G. Daly, who has served on the Board since 1998, is expected to retire. Ms. Ferré is the President of the Ferré Rangel Group and Editor of GFR Media.

$WRB {{ '2017-02-09T11:46:12+0000' | timeago}} • Announcement

$WRB's BoD declared a regular quarterly cash dividend on its common stock of 13 cents per share. The dividend will be paid on April 5, 2017 to stockholders of record at the close of business on March 15, 2017.

$WRB {{ '2017-01-19T16:54:32+0000' | timeago}} • Announcement

$WRB appointed Melissa Emmendorfer as SVP, insurance risk management, and Mir Mazhar as SVP, chief project officer. Jonathan Schriber has been appointed as SVP, underwriting. All appointments are effective immediately.

$WRB {{ '2016-12-09T11:45:43+0000' | timeago}} • Announcement

$WRB appointed Miklos Kallo as president of Berkley Regional Specialty. He succeeds Paul McAuliffe, who will retire at the end of the year after 15 years of service with the company. The appointment is effective immediately.

$WRB {{ '2016-12-02T18:31:56+0000' | timeago}} • Announcement

$WRB introduced its new high net worth personal lines brand, Berkley One. Set to launch its products in 2H17, Berkley One will offer specialty personal insurance coverages to sophisticated individuals and families on behalf of W. R. Berkley Insurance Group member insurance companies.

$WRB {{ '2016-11-18T12:16:27+0000' | timeago}} • Webcast

$WRB said it formed Berkley Cyber Risk Solutions to focus on insurance and risk management products that respond to the changing cyber security vulnerabilities of organizations around the world. Berkley Cyber Risk Solutions will offer specialty commercial insurance packages.

$WRB {{ '2016-11-04T18:47:19+0000' | timeago}} • Announcement

$WRB's BoD declared a special cash dividend of 50 cents per common share, payable on Nov. 21, 2016 to stockholders of record on Nov. 14, 2016. Also, the BoD declared a regular quarterly cash dividend of 13 cents per common share, payable on Dec. 15, 2016 to stockholders of record on Dec. 1, 2016.

$WRB {{ '2016-09-01T11:03:42+0000' | timeago}} • Announcement

Insurance holding company $WRB said it has appointed Richard Lowery, from Risk Solutions International, as SVP and CIO, reporting to Lucille Sgaglione, EVP. In this role, Lowery will be responsible for the development and implementation of strategic information technology solutions. The appointment is effective immediately.

$WRB {{ '2016-08-11T17:58:22+0000' | timeago}} • Announcement

$WRB said it closed previously disclosed sale of a wholly-owned investment, Aero Precision Industries, and certain related aviation services businesses. As expected, $WRB realized a pre-tax gain of about $130MM on sale.

$WRB {{ '2016-08-02T20:20:46+0000' | timeago}} • Announcement

The BoD of $WRB declared a regular quarterly cash dividend on its common stock of $0.13 per share and a special cash dividend on its common stock of $0.50 per share. Both of these dividends are to be paid on October 5, 2016, to stockholders of record as of September 20, 2016.

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