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W. R. Berkley has been downgraded by Bank of America following an investment from Mitsui Sumitomo. This change reflects concerns regarding the implications of the investment on W. R. Berkley's financial outlook.
W.R. Berkley Corporation has received a buy rating from UBS. The company operates primarily in two segments: insurance, which accounts for 87.4% of net written premiums, covering various non-life and life insurance products, and reinsurance, making up 12.6% of its business, with operations mainly in the U.S., U.K., Europe, Australia, Asia-Pacific, and South Africa.
W.R. Berkley Corporation operates primarily in insurance, accounting for 87.4% of its net written premiums, offering non-life and life insurance products. The company also engages in reinsurance, which constitutes 12.6% of its business, serving markets in the U.S., U.K., Europe, Australia, Asia-Pacific, and South Africa. UBS has reiterated its Buy recommendation for the company.
W. R. Berkley Corporation
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W R Berkley downgraded by Bank of America after Mitsui Sumitomo investment
14:47 01.04.2025
W R Berkley Corporation receives buy rating from UBS for insurance focus
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