WR Berkley Corporation 4.25% Subordinated Debentures Due 2060

W.R. Berkley Corporation (WRB) is a multinational insurance holding company that provides a wide range of commercial property and casualty insurance products and services. The company operates through several subsidiaries and is organized into four business segments: specialty insurance, regional property casualty insurance, alternative markets, and international.

WRB was founded in 1967 and has a long history of providing insurance coverage to businesses, organizations, and individuals. The company has a strong reputation for financial stability and is well-regarded in the insurance industry.

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

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

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