Our Financial Strength

BerkleyMed is a subsidiary of W.R. Berkley Corporation, a well-capitalized insurance holding company.   More specifically, we are a specialty carrier within the Berkley Group.  With our core business focus on the hospital professional liability market, we operate nationally as a lead excess insurer or reinsurer.

BerkleyMed writes excess and umbrella business using the approved surplus lines capabilities of Admiral Insurance Company, an affiliate within the Berkley Group.  Admiral is rated A+ by A.M. Best with total assets and surplus at December 31, 2005 of $2.3 billion and $942 million respectively.  For more information, visit www.admiralins.com.

BerkleyMed reinsures captives and insurance companies with reinsurance certificates issued by Berkley Insurance Company, a Berkley Group affiliate rated A by A.M. Best.  Berkley Insurance Company has total assets and surplus at December 31, 2005 of $5.9 billion and $1.8 billion, respectively.

Founded in 1967, W.R. Berkley does business in all segments for the property casualty insurance industry.  The organization has captured market share by adhering to an entrepreneurial philosophy that places decision making and accountability as close to the client as possible.

Each of WR Berkley’s operating units participates in a niche market that requires specialized knowledge about a territory or product.

• WR Berkley reported net premium writings of $4.6 billion in 2005.
• Totals assets and stockholder’s equity at December 31, 2005 were $13.9 billion and $2.6 billion, respectively.
• WR Berkley’s current market capitalization is in excess of $7.5 billion. 
• The company has an S&P financial strength rating of A+.
• WR Berkley is publicly held and listed on the NYSE under the symbol BER. 
• More information is available at www.wrbc.com.

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