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WR Berkley 5.90% Subordinated Debentures due 2056

Interest may be deferred on one or more occasions for up to 5 consecutive years. Interest will continue to accrue.

Redeemed 03/01/2021

Ticker: WRB-C

Parent Ticker: WRB

OTC Grey Market Temporary Ticker: NA

Issuance Date: 03/03/2016

1st Call Date: 03/01/2021

Maturity Date: 03/01/2056

Shares Issued: 4,000,000

Overallotment Shares: 0

Coupon: 5.90%

Face Value: $25.00

Cumulative: No

Qualified: No

Quarterly Dividend Amount: 0.37

Payment Months: MAR, JUN, SEP, DEC

Payment Day: 1

S&P Rating: BBB-

III Rating (In Regards to Dividend Safety Only): B

Moody Rating: Baa2

Fitch Rating: NR