W. R. Berkley Corporation Declares Special Dividend, Increases Regular Quarterly Cash Dividend 11.1%, and Increases Share Repurchase Authorization

GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE: WRB) announced today that its Board of Directors has declared a special cash dividend on its common stock of 50 cents per share to be paid on July 2, 2026 to stockholders of record at the close of business on June 23, 2026.

In addition, its Board of Directors has voted to increase its regular quarterly cash dividend to 10 cents per share, representing an 11.1% increase from the present rate. This dividend will be paid on July 2, 2026 to stockholders of record at the close of business on June 23, 2026.

Including the dividends announced today, the special and regular quarterly cash dividends paid year-to-date, and shares repurchased through March 31, 2026, total capital returned to shareholders during 2026 is approximately $558.8 million.

Further, its Board of Directors has increased the Company’s share repurchase authorization back to its previous level of 25 million shares of common stock. Repurchases may be made by the Company from time to time at prevailing prices in the open market or in privately negotiated transactions, subject to market conditions and other factors.

Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates two segments of the property casualty insurance business: Insurance and Reinsurance & Monoline Excess. For further information about W. R. Berkley Corporation, please visit www.berkley.com.