W. R. Berkley Corporation (NYSE:WRB) today announced that losses
from catastrophes in the first quarter of 2016 were $15.6 million, which
is consistent with the Company’s historical first quarter catastrophe
losses. In the first quarter of 2015, the Company reported $14.5 million
of catastrophe losses.
Founded in 1967, W. R. Berkley Corporation is an insurance holding
company that is among the largest commercial lines writers in the United
States.
This is a "Safe Harbor" Statement under the Private Securities
Litigation Reform Act of 1995. Any forward-looking statements contained
herein, including statements related to our outlook for the industry and
for our performance for the year 2016 and beyond, are based upon the
Company's historical performance and on current plans, estimates and
expectations. The inclusion of this forward-looking information should
not be regarded as a representation by us or any other person that the
future plans, estimates or expectations contemplated by us will be
achieved. They are subject to various risks and uncertainties, including
but not limited to, natural and man-made catastrophic losses, including
as a result of terrorist activities, and other risks detailed from time
to time in the Company's filings with the Securities and Exchange
Commission. These risks could cause actual results of the industry or
our actual results for the year 2016 and beyond to differ materially
from those expressed in any forward-looking statement made by or on
behalf of the Company. Any projections of growth in the Company's
revenues would not necessarily result in commensurate levels of
earnings. Forward-looking statements speak only as of the date on which
they are made, and the Company undertakes no obligation to update
publicly or revise any forward-looking statement, whether as a result of
new information, future developments or otherwise.
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