WR Berkley eyeing property cat expansion: Rob Berkley
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WR Berkley eyeing property cat expansion: Rob Berkley

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WR Berkley (WRB) is eyeing expansion in the property cat market as hardening market conditions create the opportunity for favorable returns over the next few years, CEO Rob Berkley said during the company’s third-quarter earnings call.

According to the chief executive, observers should not be surprised to see the company expand its presence in both the property cat insurance and reinsurance markets, as rate increases create the opportunity for favorable risk-adjusted returns.

He

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