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About
W.R. Berkley Corp. operates as an insurance holding company, which focuses on the property and casualty insurance business. It operates through the following segments: Insurance-Domestic, Insurance-International and Reinsurance-Global. The Insurance-Domestic segment engages in commercial insurance business, including excess and surplus lines and admitted lines, primarily throughout the United States. The Insurance-International segment engages in insurance business primarily in the United Kingdom, Continental Europe, South America, Canada, Scandinavia, Asia, and Australia. The Reinsurance-Global segment engages in reinsurance business on a facultative and treaty basis, primarily in the United States, United Kingdom, Continental Europe, Australia, the Asia-Pacific Region, and South Africa. The company was founded by William R. Berkley in 1967 and is headquartered in Greenwich, CT. | |||
Description
W. R. Berkley Corporation, an insurance holding company, operates as commercial lines writer in the United States and internationally. 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. In addition, it offers specialty, casualty, surety, general, professional, excess and umbrella coverage, accident and health, workers' compensation, aviation, directors and officers, law enforcement, public officials and educator's legal, incidental medical, property and crime, pollution, and liquor liability products; and inland marine and related property risks, and claims and risk management services. Further, this segment provides loss control services, including financial institution-specific commercial package policies, management liability, crime coverages, and financial institution bonds. It offers its products and services in 45 states and the District of Columbia in the Unites States; and 60 countries worldwide, with branches or offices in 20 locations in the United Kingdom, Continental Europe, South America, Canada, Mexico, Scandinavia, Asia, and Australia. 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. W. R. Berkley Corporation was founded in 1967 and is based in Greenwich, Connecticut. |