W. R. Berkley Corporation Estimates Second Quarter 2020 Net Catastrophe Losses

Author's Avatar
Jul 11, 2020
Article's Main Image

W. R. Berkley Corporation (NYSE: WRB) today announced that it expects to report net catastrophe losses in the second quarter of 2020 of approximately $145 million, before tax. The Company's loss estimate includes $85 million for COVID-19 related losses, $20 million for losses related to civil unrest and $40 million primarily attributable to severe weather-related events in the U.S.