LONDON--()--W. R. Berkley Insurance (Europe), Limited, a member company of W. R. Berkley Corporation, announced today that its Standard & Poor’s (S&P) financial strength rating was upgraded to A+ (Strong). S&P now views W. R. Berkley Insurance (Europe), Limited as a core subsidiary of the W. R. Berkley Group. The rating agency said the outlook is stable.
W. R. Berkley Insurance (Europe), Limited is a U.K. capital based specialist insurer with branch offices in Norway, Germany, Australia, Spain, and Ireland. W. R. Berkley Corporation member companies that also write on the WRBIEL stamp include Berkley Re UK Limited (treaty reinsurance), Berkley Professional Liability Managers, LLC (directors’ & officers’) and Berkley Offshore Underwriting Managers, LLC (offshore energy business).