W.R. Berkley Corporation, a well-known holding company primarily involved in the insurance sector, has received a Buy recommendation from UBS.
The insurance sector accounts for 87.4% of the company's net written premiums. W.R. Berkley offers a wide range of non-life insurance products, including property, casualty, health, professional liability, energy, marine, automobile, homeowners, travel, fire, commercial, engineering, and other risks, as well as life insurance services.
Additionally, the company is involved in the reinsurance market, which makes up 12.6% of its business. W.R. Berkley's insurance operations are mainly focused in key markets such as the United States, the United Kingdom, continental Europe, Australia, Asia-Pacific, and South Africa, establishing its position as a significant player in the global insurance industry.