W.R. Berkley Corporation has been given a buy rating by UBS due to its strong position in the insurance and reinsurance sectors.
The company primarily operates in non-life insurance, which makes up 87.4% of its net written premiums. This includes coverage for various risks such as property, casualty, health, and professional liability.
Alongside its insurance operations, W.R. Berkley also engages in reinsurance, which accounts for 12.6% of its business. The company's insurance activities are mainly focused in key markets such as the United States, the United Kingdom, continental Europe, Australia, Asia-Pacific, and South Africa, demonstrating its global reach and diversified portfolio.