AM Best Affirms Credit Ratings of W. R. Berkley Corporation and Its Subsidiaries

Author's Avatar
May 20, 2020
Article's Main Image

AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of W. R. Berkley Corporation (W. R. Berkley) (Greenwich, CT) [NYSE:WRB] and all associated Long-Term Issue Credit Ratings (Long-Term IRs) and indicative Long-Term IRs for securities issued by W. R. Berkley. At the same time, AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term ICRs of “aa-” of Berkley Insurance Company (BIC) (Wilmington, DE) and its reinsured subsidiaries and affiliates, collectively referred to as the W. R. Berkley Insurance Group (the Berkley Group). AM Best also has affirmed the FSR of A+ (Superior) and the Long-Term ICR of “aa-” of Berkley Life and Health Insurance Company (Berkley Life and Health) (Urbandale, IA). The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed list of the companies and ratings).