W. R. Berkley Corporation announced an 11.1% increase in its regular quarterly dividend to US$0.10 per share, a US$0.50-per-share special cash dividend, and the restoration of its share repurchase authorization to 25,000,000 shares, while AM Best upgraded its Long-Term Issuer Ratings to “a” (Excellent) with a stable outlook. The company also appointed John Enright as president of Berkley Specialty London and CEO of W. R. Berkley Syndicate Management Limited. These capital returns and the credit rating upgrade highlight W. R. Berkley’s reinforced financial profile and capital flexibility as it refreshes leadership in its London specialty platform.
W. R. Berkley CorpDividend increase, special dividend, buyback authorization, and AM Best upgrade all signal strong financial health and shareholder returns.