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Date
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07/06/2017
Show Teaser W. R. Berkley Corporation Announces Sale of Real Estate Investment

W. R. Berkley Corporation today announced the sale of its real estate investment at 1101 New York Avenue NW in Washington, D.C. The Company expects to report a realized pre-tax gain of approximately $120 million on the sale in the third quarter of 2017, which is in addition to approximately $22 million in pre-tax earnings related to the property in prior years.

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06/20/2017
Show Teaser W. R. Berkley Corporation to Announce Second Quarter 2017 Earnings on July 25, 2017

W. R. Berkley Corporation will release its second quarter 2017 earnings after the market closes on Tuesday, July 25, 2017. A copy of the earnings release will be available on the Company’ s website at www.wrberkley.com. Celebrating 50 years, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United...

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06/12/2017
Show Teaser W. R. Berkley Corporation Forms Berkley International Fianzas México S.A. and Berkley International Seguros México S.A.

Both have been granted authorization to commence operations by Comisión Nacional de Seguros y Fianzas and will begin offering coverages to clients throughout Mexico in the next few weeks. Garcia has over 15 years of experience in the property casualty insurance industry, predominately focused on underwriting in Mexico and Argentina.

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06/07/2017
Show Teaser W. R. Berkley Corporation Establishes Berkley Entertainment & Sports and Berkley Environmental as Independent Operating Units

W. R. Berkley Corporation today 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. Berkley Entertainment& Sports provides a full portfolio...

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05/22/2017
Show Teaser Berkley Insurance Company Announces Executive Appointments

Berkley Insurance Company, a Berkley company, today announced the appointments of each of Naomi B. Kinderman and Beth Zaro Green as vice president – claims senior counsel. The appointments are effective immediately.

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05/16/2017
Show Teaser W. R. Berkley Corporation Increases Regular Quarterly Dividend and Declares Special Cash Dividend

W. R. Berkley Corporation announced today that its Board of Directors has voted to increase the regular cash dividend on its common stock to an annual rate of 56 cents per share, representing a 7.7% increase from the present rate. The first quarterly dividend at the new rate of 14 cents per share will be paid on July 5, 2017 to stockholders of record at the close of...

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04/24/2017
Show Teaser W. R. Berkley Corporation Reports First Quarter Results

W. R. Berkley Corporation today reported net income for the first quarter of 2017 of $123 million, or $0.96 per share. Pre-tax return on equity was 14.5%. Book value per share grew 2.6% in the quarter. Investment income increased 14%. Net realized investment gains were $52 million pre-tax and $34 million after-tax. The combined ratio was 95.7%, inclusive of 1.9 loss...

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04/19/2017
Show Teaser Michael S. Nannizzi Joins W. R. Berkley Corporation

W. R. Berkley Corporation today announced that Michael S. Nannizzi has joined its corporate investment team. In this newly created role, Mr. Celebrating 50 years, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty...

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04/17/2017
Show Teaser W. R. Berkley Corporation Celebrates 50 Years

The Company was started with an initial investment of $2,500 and a fundamental understanding that providing customers with a service based on specialized knowledge and expertise, combined with appropriate risk-taking, would deliver outstanding long-term value to shareholders. The Company has grown to a market capitalization of nearly $9 billion and...

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03/28/2017
Show Teaser W. R. Berkley Corporation Estimates Impact of U.K. Ogden Rate Change

W. R. Berkley Corporation today announced that the impact on the Company’ s first quarter operating results of the Ogden rate change is estimated to be $30 million, before tax, or $22 million after tax. The Ogden rate is the discount rate used to calculate lump-sum bodily injury payouts in the U.K. and was recently reduced by the U.K. Ministry of Justice from +2.5% to...

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