Business

AM Best Affirms Credit Ratings of W. R. Berkley Corporation and Its Subsidiaries

OLDWICK, N.J., July 03, 2025--AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of "a-" (Excellent) of W. R. Berkley Corporation (W. R. Berkley) (Greenwich, CT) [NYSE: WRB] and all associated Long-Term Issue Ratings (Long-Term IRs) and indicative Long-Term IRs for securities issued by W. R. Berkley. At the same time, AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term ICRs of "aa-" (Superior) of Berkley Insurance Company (Wilmington,

articleW.r. Berkley CorporationJuly 3, 20256/company/w-r-berkley-corp/news/am-best-affirms-credit-ratings-of-w-r-berkley-corporation-and-its-subsidiaries
AM Best Affirms Credit Ratings of W. R. Berkley Corporation and Its Subsidiaries

About this update from W.r. Berkley Corporation

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":2222,"height":1080,"url":"https://media.zenfs.com/en/business-wire.com/22aa98d53536a7173bcd14fb5a7fd90a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Jz3l5MiY0hq9ZwulDr16Uw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ2NztjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/22aa98d53536a7173bcd14fb5a7fd90a","width":960,"height":467},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/N.Dsy.etE2LyscLzSAjt8A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD0xMTY2O2NmPXdlYnA-/https://media.zenfs.com/en/business-wire.com/22aa98d53536a7173bcd14fb5a7fd90a","width":1200,"height":583}},"lazy":false},{"type":"text","content":"OLDWICK, N.J., July 03, 2025--(BUSINESS WIRE)--AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of "a-" (Excellent) of W. R. Berkley Corporation (W. R. Berkley) (Greenwich, CT) [NYSE: WRB] and all associated Long-Term Issue Ratings (Long-Term IRs) and indicative Long-Term IRs for securities issued by W. R. Berkley. At the same time, AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term ICRs of "aa-" (Superior) of Berkley Insurance Company (Wilmington, DE) and its reinsured subsidiaries and affiliates, collectively referred to as W. R. Berkley Insurance Group (Berkley Group). AM Best also has affirmed the FSR of A+ (Superior) and the Long-Term ICR of "aa-" (Superior) of Berkley Life and Health Insurance Company (Berkley Life and Health) (Urbandale, IA). The outlook of the FSR is stable while the outlook of the Long-Term ICR is positive. (See below for a detailed list of the companies and ratings.)","length":1000,"tagName":"p"},{"type":"text","content":"The positive outlook for the Long-Term ICR reflects the Berkley Group’s favorable operating performance and balance sheet metrics. Berkley Group has grown its GAAP surplus organically over the most recent 10-year period. Additionally, Berkley Group has improved its financial leverage.","length":285,"tagName":"p"},{"type":"text","content":"The Credit Ratings (ratings) of the Berkley Group reflect its balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, favorable business profile and appropriate enterprise risk ...

More updates from W.r. Berkley Corporation

Berkley GroupW. R. Berkley CorporationInsurance CompanyCredit RatingLong-Term ICR