W. R. Berkley Files 8-K on Financials and Debentures
Ticker: WRB-PG · Form: 8-K · Filed: Oct 21, 2024 · CIK: 11544
| Field | Detail |
|---|---|
| Company | Berkley W R Corp (WRB-PG) |
| Form Type | 8-K |
| Filed Date | Oct 21, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-condition, debt, disclosure
TL;DR
WRB filed an 8-K detailing its financials and various subordinated debentures maturing between 2058 and 2061.
AI Summary
W. R. Berkley Corporation filed an 8-K on October 21, 2024, reporting on its results of operations and financial condition. The filing includes information on various subordinated debentures due in 2058, 2059, 2060, and 2061, with interest rates ranging from 4.125% to 5.70%.
Why It Matters
This filing provides investors with updated financial information and details on the company's outstanding debt instruments, which are crucial for assessing its financial health and investment risk.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of financial information and debt instruments, not indicating any immediate or significant new risks.
Key Numbers
- 5.70% — Interest Rate (Rate for subordinated debentures due 2058)
- 5.10% — Interest Rate (Rate for subordinated debentures due 2059)
- 4.25% — Interest Rate (Rate for subordinated debentures due 2060)
- 4.125% — Interest Rate (Rate for subordinated debentures due 2061)
Key Players & Entities
- W. R. Berkley Corporation (company) — Registrant
- October 21, 2024 (date) — Filing date
- 2058 (date) — Maturity year of subordinated debentures
- 2059 (date) — Maturity year of subordinated debentures
- 2060 (date) — Maturity year of subordinated debentures
- 2061 (date) — Maturity year of subordinated debentures
FAQ
What is the primary purpose of this 8-K filing by W. R. Berkley Corporation?
The primary purpose is to report on the company's results of operations and financial condition, as well as to provide details on financial statements and exhibits.
What specific financial instruments are mentioned in relation to W. R. Berkley Corporation's filing?
The filing mentions several series of subordinated debentures, including those due in 2058, 2059, 2060, and 2061.
What are the interest rates associated with the subordinated debentures mentioned?
The interest rates are 5.70% for debentures due 2058, 5.10% for debentures due 2059, 4.25% for debentures due 2060, and 4.125% for debentures due 2061.
On what date was this 8-K filing submitted?
The filing was submitted on October 21, 2024.
What is the state of incorporation for W. R. Berkley Corporation?
W. R. Berkley Corporation is incorporated in Delaware.
Filing Stats: 574 words · 2 min read · ~2 pages · Grade level 8.7 · Accepted 2024-10-21 16:11:40
Filing Documents
- wrb-20241021.htm (8-K) — 38KB
- wrb93020248-kex991.htm (EX-99.1) — 311KB
- 0000011544-24-000026.txt ( ) — 550KB
- wrb-20241021.xsd (EX-101.SCH) — 4KB
- wrb-20241021_def.xml (EX-101.DEF) — 17KB
- wrb-20241021_lab.xml (EX-101.LAB) — 31KB
- wrb-20241021_pre.xml (EX-101.PRE) — 17KB
- wrb-20241021_htm.xml (XML) — 6KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. Reference is made to the press release of W. R. Berkley Corporation (the "Company") relating to the announcement of the Company's results of operations for the third quarter of 2024. The press release was issued on October 21, 2024. A copy of the press release is attached to this Form 8-K as Exhibit 99.1 and is incorporated herein by reference. The information contained herein shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act. W. R. Berkley Corporation 4
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit 99.1 Press Release dated October 21, 2024 W. R. Berkley Corporation 5
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. W. R. BERKLEY CORPORATION By: /s/ Richard M. Baio Name: Richard M. Baio Title: Executive Vice President - Chief Financial Officer Date: October 21, 2024 W. R. Berkley Corporation 6 EXHIBIT INDEX Exhibit : 99.1 Press Release dated October 21, 2024