WR Berkley Corporation 4.25% Subordinated Debentures Due 2060

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

Ticker: WRB-G

Parent Ticker: WRB

OTC Grey Market Temporary Ticker: NA

Issuance Date: 09/16/2020

1st Call Date: 09/30/2025

Maturity Date: 09/30/2060

Shares Issued: 10,000,000

Overallotment Shares: 0

Coupon: 4.25%

Face Value: $25.00

Cumulative: No

Qualified: No

Quarterly Dividend Amount: 0.266

Ex-Dividend Months: MAR, JUN, SEP, DEC

Approx. Ex-Dividend Day: 12

Payment Months: MAR, JUN, SEP, DEC

Payment Day: 15

S&P Rating: BBB-

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

Moody Rating: Baa2

Fitch Rating: NR