Reinsurance News
W. R. Berkley
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
Berkley North Pacific makes leadership hire
17th December 2020
Re/insurance holding company W.R Berkley has appointed Carrie Cheshier president of Berkley North Pacific. Cheshier has over 30 years of industry experience in leadership, distribution management, underwriting, operations and claims. She most recently served as a regional president for a Travelers, where she was with the company for over 20 years. She will ... Read the full article
WR Berkley appoints Thomas Joyce as president of Nautilus
29th October 2020
Re/insurance holding company W. R. Berkley has announced the appointment of Thomas Joyce as president of Nautilus Insurance Group, a Berkley company. He succeeds Thomas Kuzma, who has been named chairman, in the new year. Joyce joined Nautilus as senior vice president of claims in 2015 before serving as Chief Underwriting Officer in ... Read the full article
W.R. Berkley posts 93.7% combined ratio for Q3 despite cat impacts
21st October 2020
W.R. Berkley Corporation has reported operating income of $121.1 million for the third-quarter of 2020 and a combined ratio of 93.7%, despite the impacts of catastrophe events in the period. Operating income fell slightly from the $163.7 million reported for the third-quarter of 2019, while the insurer's net income also fell ... Read the full article
WR Berkley appoints Timothy Nelligan president of Continental Western Group
25th September 2020
Re/insurance holding company WR Berkley has announced the appointment of Timothy Nelligan as president of Continental Western Group, a Berkley Company (CWG). Nelligan joins with nearly 30 years' experience in the property casualty insurance industry and was previously a division director at The Hartford. “We are excited to welcome Tim to Berkley," said ... Read the full article
Berkley Offshore Underwriting Managers launches ocean cargo line
22nd September 2020
Berkley Offshore Underwriting Managers, a subsidiary of W. R. Berkley Corporation, has announced the launch of an ocean cargo product line within its marine division. This new product will focus on providing coverage for cargo in transit, cargo stock throughput, and project cargo as offerings to US domiciled companies. Mark Bernas has ... Read the full article
W. R. Berkley makes two senior appointments
9th September 2020
Re/insurance holding company, W.R Berkley has announced the appointments of David R. Lockhart as president of Carolina Casualty, a Berkley Company, along with Jason R. Lewis, who is to be the new president of Gemini Transportation Underwriters, a Berkley Company. Lockhard will be succeeding David A. Dunn, who will continue to ... 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.
