Berkley Re Celebrates 50 Years as a Reinsurance Industry Pioneer

Berkley Re, a Berkley company, is proud to celebrate its 50th anniversary. Founded in 1975, Berkely Re has grown into a global leader in the reinsurance market with five businesses strategically located across the globe – Berkley Re America, Berkley Re Australia, Berkley Re Asia, Berkley Re Solutions and Berkley Re UK.

For 50 years, Berkley Re has provided a broad range of property and casualty reinsurance products and solutions. Today, it serves clients in North America, Latin America and the Caribbean, Europe, the Middle East, Africa, Asia, and Australia/New Zealand. Berkley Re’s longevity and success are attributed to its underwriting expertise, market knowledge, and long-term relationships with clients.

"Over the past 50 years, Berkley Re has been built on the foundation of Berkley’s five core principles: risk-adjusted returns, people-oriented strategy, responsible financial practices, accountability, and transparency," said Dan Westcott, President of Berkley Re America. "These principles have guided our business through decades of change and growth, and they continue to drive our success today."

True to these core principles, for 50 years Berkley Re’s aim has been to deliver superior products and services to our clients through a commitment to excellence and innovation. Berkley Re’s competitive advantage lies in its long-term strategy of decentralized operations, allowing Berkley Re to identify and respond quickly and effectively to changing market conditions and provide our clients with tailored reinsurance solutions to meet their needs.

W. Robert Berkley, Jr., President and Chief Executive Officer of W.R. Berkley Corporation, commented, "Berkley Re has been a proud provider of reinsurance solutions for 50 years. Our longevity and staying power in the reinsurance market, and our expansion to serve clients worldwide, are the result of our focus on long-term risk-adjusted return, and a testament to our commitment to our customers and employees. We look forward to continuing our tradition of outstanding and innovative service to our reinsurance clients for many years to come."

About Berkley Re

Berkley Re is a global P&C reinsurer that provides solutions for insurers with a successful business model built upon specialization in the products they underwrite. Our experienced underwriting staff partners closely with clients to provide innovative reinsurance solutions that support profitable growth and financial stability over time. We are able to leverage deep institutional knowledge built up over 50 years of specialty underwriting and prudent capital management to serve our clients’ needs. https://www.berkleyre.com/

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