W. R. Berkley Corporation News

Specialty P/C Insurers Outperform Their U.S. Peers: Report

U.S. property/casualty insurers that focused on difficult to place risks distanced themselves from their peers in key metrics measuring earnings, underwriting profitability, balance sheet growth and other indicators of success, according to S&P Global Market Intelligence. Kinsale Insurance Co., the …

People Moves: W.R. Berkley Promotes Middleton; PMA Promotes Hopper

Middleton Appointed President of Berkley Mid-Atlantic Group W. R. Berkley Corporation has appointed Michelle D. Middleton as president of Berkley Mid-Atlantic Group (BMAG). She succeeds John F. Kearns, who has been named chairman of the operating unit and will remain …

Ex-CNA Hardy Executive Brosnan Named CEO of W. R. Berkley Syndicate Management

W. R. Berkley Corp. announced the appointment of David Brosnan as chief executive officer of W. R. Berkley Syndicate Management Ltd., the Lloyd’s managing agent for W. R. Berkley Syndicate 1967. He succeeds Alastair Blades, who will continue in his …

W.R. Berkley Corp. Forms Captive Insurer in North Carolina

W.R. Berkley Corporation has formed Oak Harbor Reinsurance Co. (Oak Harbor Re), a protected cell captive insurance company, which was licensed by the N.C. Department of Insurance on Nov. 25. According to the North Carolina Department of Insurance, Oak Harbor …

W. R. Berkley Corporation Appoints LeBlanc as President of Acadia Insurance

W. R. Berkley Corporation has appointed David J. LeBlanc as president of Acadia Insurance, a Berkley Company. He succeeds Douglas M. Nelson, who has been appointed chairman of Acadia Insurance. The appointments are effective immediately. LeBlanc has more than 35 …

Kearns Appointed President of Virginia’s Berkley Mid-Atlantic Group

W. R. Berkley Corporation has appointed John F. Kearns as president of Berkley Mid-Atlantic Group, a Glen Allen, Va.-headquartered Berkley Company (BMAG). Kearns succeeds Susan N. Grady, who remains a member of the Berkley team focusing on regional small commercial …

Connecticut’s W.R. Berkley Corporation Sells Real Estate Investment

W. R. Berkley Corporation has sold 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 …

New York’s Berkley Alliance Managers Hires Andersen

Berkley Alliance Managers, an Albany, N.Y.-based Berkley Company, has named Anthony Andersen as senior vice president and professional liability claims manager. In this role, he will be responsible for providing managerial oversight to the company’s claims staff. Andersen joins Berkley …

Berkley to Launch High Net Worth Personal Lines Brand ‘Berkley One’

W.R. Berkley Corporation has launched a new high net worth personal lines brand, Berkley One. Set to launch its products in the latter half of 2017, Berkley One will offer specialty personal insurance coverages to sophisticated individuals and families, supported …

W. R. Berkley Launches South Africa Treaty Unit; Paradine Named Senior VP

W. R. Berkley Corp. announced it has launched a business unit dedicated to writing South African business. The new unit, which will report to Berkley Re UK, will provide treaty service to both insurers and brokers in the region. Sean …