Reinsurance News
W. R. Berkley
Daniel Smyrl named president of Admiral Insurance Group
29th October 2021
W. R. Berkley Corporation has appointed Daniel Smyrl as president of Admiral Insurance Group. He succeeds Curtis Fletcher, who has been named chairman of Admiral. Smyrl joined Admiral in 2002 and most recently served as executive vice president of underwriting. He has nearly 40 years of commercial property and casualty insurance experience in ... Read the full article
W. R. Berkley reports $2.3bn of NPW in Q3
22nd October 2021
Re/insurance holding company W. R. Berkley corporation reported its net premiums written (NPW) increased by 23.7% in Q3, at $2.3 billion compared to $1.8 billion for the same prior year period. Helping its net premium increase was their reinsurance segment, with casualty reinsurance NPW increasing to $194 million whilst its property ... Read the full article
Glen Riddell promoted to lead both Berkley Re Asia & Australia
26th July 2021
Re/insurance holding company W.R Berkley has appointed Glen Riddell to lead its Berkley Re operations in Australia as Chief Executive Officer, alongside his exisiting role as CEO of Berkley Re Asia. He enters the role in the new year, at which point he'll succeed Tony Piper, who will transition into the role of chairman of ... Read the full article
W. R. Berkley posts record Q2 underwriting profit
23rd July 2021
W. R. Berkley Corporation has posted record underwriting profit of $202.2 million for the second quarter of 2021, as net premiums written increased by 27.2%. Overall, the company posted operating income of $219.1 million, compared with just $11.6 million in the same period last year, while its six-month total was $420.8 ... Read the full article
W. R. Berkley names new president of Berkley Fire & Marine
8th July 2021
W. R. Berkley Corporation has appointed David Higley as president of Berkley Fire & Marine. Higley joins Berkley Fire & Marine with over 30 years of commercial property and casualty insurance experience, including more than 10 years in executive leadership roles in the marine market. He most recently served as senior vice ... Read the full article
Michelle Middleton named President of Berkley Mid-Atlantic Group
9th June 2021
W. R. Berkley Corporation has announced the appointment of Michelle D. Middleton as President of Berkley Mid-Atlantic Group (BMAG), its commercial property and casualty insurance business that covers the Mid-Atlantic region of the US. Effective immediately, she succeeds John F. Kearns, who has been named Chairman of the operating unit and ... Read the full article
Charles Thompson to lead new Berkley Management Protection unit
19th May 2021
W. R. Berkley Corporation has announced the formation of Berkley Management Protection, a new operating unit that will deliver a modular suite of management liability products to independent agents. Charles E. Thompson has been named as President of the unit, bringing 26 years of management experience to the role, both in ... Read the full article
Eppolito takes over as President of Berkley Oil & Gas, Randall named Chair
4th May 2021
Linda Eppolito has been named as President of Berkley Oil & Gas, succeeding Carol Randall, who has taken on the role of Chairman of the operating unit, effective immediately. Eppolito joined W.R. Berkley's Oil & Gas division in July of 2010, most recently serving as its Chief Financial Officer (CFO). She brings ... Read the full article
Clare Himmer appointed president of Berkley Re UK
29th April 2021
W. R. Berkley Corporation has appointed Clare Himmer as president of Berkley Re UK. Himmer has just under 30 years of experience in the reinsurance industry with a particular focus on the London and international markets across multiple classes of business. Most recently, she led the London subsidiary of a specialty Bermuda ... Read the full article
W. R. Berkley posts record quarterly underwriting gain for Q1
21st April 2021
W. R. Berkley Corporation has reported net income of $229.5 million and a quarterly underwriting gain of $182.6 million for the first-quarter of 2021. The company's net income improved significantly from the $4.4 million loss reported a year earlier, while underwriting income reached a quarterly high. Both gross and net premiums written ... Read the full article
W. R. Berkley names president of agriculture business
10th March 2021
W. R. Berkley Corporation has appointed Bradley T. London as president of Berkley Agribusiness, succeeding Michael Ekiss who will continue to engage on special projects and initiatives throughout W. R. Berkley Corporation. London has nearly 30 years of experience in the insurance industry with a particular focus on underwriting for agricultural businesses. Most ... Read the full article
W. R. Berkley hires David Brosnan as CEO of managing agent
5th February 2021
Re/insurance holding company W. R. Berkley has appointed David Brosnan as chief executive officer of W. R. Berkley Syndicate Management, the Lloyd’s managing agent for W. R. Berkley Syndicate 1967. Brosnan has over 35 years of insurance industry experience, serving in various executive leadership roles at a number of global insurance ... Read the full article
Berkley Re Solutions launches workplace violence protection cover
28th January 2021
Berkley Re Solutions, a subsidiary of Insurance holding firm Berkley has announced a new reinsured turn-key solution designed to help companies respond to workplace violence. A host of specific coverages and services that help organisations prepare for, respond to and recover from a workplace violence tragedy have been developed. As part of ... Read the full article
W. R. Berkley posts strong Q4, net income hits $312mn
27th January 2021
Insurance holding firm W. R. Berkley recorded an all-time record net income of $312.2 million in the fourth quarter of 2020, driven by a 9% growth in gross premiums written. Net investment income grew 32%, despite a defensive position in fixed-maturity securities, where the company maintains a relatively short duration and ... Read the full article
W. R. Berkley targets third-party capital with launch of Lifson Re
29th December 2020
Lifson Re Ltd., a new special purpose insurer registered in Bermuda and licensed by the Bermuda Monetary Authority (BMA), has been launched by W. R. Berkley Corporation. The new sidecar-type structure has been capitalised with more than $250 million of equity from a small group of global investors with long-term investment ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
