W.R. Berkley Corporation

Industry: Finance Insurance Property Casualty

Fortune Rank: 463

W. R. Berkley Corporation operates as an insurance holding company that offers property casualty insurance business in the United States and internationally. The company operates through five segments: Specialty Insurance, Regional, Reinsurance, Alternative Markets, and International. The Specialty Insurance segment underwrites third-party liability risks, principally within excess and surplus lines, which include premises operations, professional liability, commercial automobile, products liability, and property lines. The Regional segment provides commercial insurance products to small-to-mid-sized businesses, and state and local governmental entities. The Reinsurance segment offers underwriting property casualty reinsurance services on a treaty and a facultative basis. Its Alternative Markets segment engages in developing, insuring, reinsuring, and administering self-insurance programs and other alternative risk transfer mechanisms to employers, employer groups, insurers, and alternative market funds. In addition, it provides various fee-based services, including consulting and administrative services. The International segment offers commercial and personal property casualty insurance in Argentina and savings and life products in the Philippines. W. R. Berkley was founded in 1967 and is headquartered in Greenwich, Connecticut.

W.R. Berkley Corporation

W.R. Berkley Corporation is a Fortune 500 company. In 2010 W.R. Berkley Corporation was ranked number 463 on the Fortune 500 list, making it the 463rd largest company in the United States when judged by revenue.

W.R. Berkley Corporation achieved revenue of $4,431.20 million in 2010 and earned a profit of $309.10 million.

W.R. Berkley Corporation' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 463rd compared to 490th in 2009. This was based on its 2009 revenue of $4,709 million (a change of 0 million compared to 2010) and profits of $281 million (a change of $28 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then W.R. Berkley Corporation would be ranked 280th rather than 463rd due to its profits of $309 in 2010.

W.R. Berkley Corporation Revenue* Profit* Fortune Ranking

* US$ Million

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