Philip Welt - W R President

WRB Stock  USD 64.55  0.39  0.60%   

President

Mr. Philip S. Welt is Executive Vice President, General Counsel of the company. Mr. Welt has served as Executive Vice President General Counsel since January 2019. Mr. Welt joined the Company in 2004 as Vice President Senior Counsel, served as Senior Vice President with oversight responsibility for certain of the Companys operating units from April 2011 to June 2016 and as Executive Vice President from June 2016 to December 2018. Prior to joining the Company, he was an assistant general counsel mergers and acquisitions at a major international insurer and a corporate associate with the New York law offices of Davis Polk Wardwell since 2020.
Age 64
Tenure 4 years
Professional MarksMBA
Address 475 Steamboat Road, Greenwich, CT, United States, 06830
Phone203 629 3000
Webhttps://www.berkley.com
Welt is also a certified public accountant and was a senior manager at the accounting firm of Deloitte & Touche. He holds a J.D. from New York University, and also received an M.B.A. from Columbia University and a B.B.A. from Hofstra University.

W R Management Efficiency

The company has Return on Asset of 0.036 % which means that on every $100 spent on assets, it made $0.036 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2054 %, implying that it generated $0.2054 on every 100 dollars invested. W R's management efficiency ratios could be used to measure how well W R manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.11, whereas Return On Tangible Assets are forecasted to decline to 0.03. At present, W R's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 27.4 B, whereas Net Tangible Assets are forecasted to decline to about 5.6 B.
W R Berkley has 2.84 B in debt with debt to equity (D/E) ratio of 0.48, which is OK given its current industry classification. W R Berkley has a current ratio of 0.41, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for WRB to invest in growth at high rates of return.

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Berkley Corporation, an insurance holding company, operates as a commercial lines writer in the United States and internationally. Berkley Corporation was founded in 1967 and is based in Greenwich, Connecticut. WR Berkley operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 7681 people. W R Berkley (WRB) is traded on New York Stock Exchange in USA. It is located in 475 Steamboat Road, Greenwich, CT, United States, 06830 and employs 8,329 people. W R is listed under Property & Casualty Insurance category by Fama And French industry classification.

Management Performance

W R Berkley Leadership Team

Elected by the shareholders, the W R's board of directors comprises two types of representatives: W R inside directors who are chosen from within the company, and outside directors, selected externally and held independent of WRB. The board's role is to monitor W R's management team and ensure that shareholders' interests are well served. W R's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, W R's outside directors are responsible for providing unbiased perspectives on the board's policies.
Liberatore Iannarone, Senior Counsel
David Brosnan, President and Chief Executive Officer of W. R. Berkley Syndicate Management Limited
Carol LaPunzina, Senior Resources
Maria Ferre, Independent Director
James Hastings, President - W. R. Berkley Syndicate Management Limited
Mark Brockbank, Independent Director
James Shiel, Executive Vice President - Investments
Linda Eppolito, President of Berkley Oil & Gas
Jonathan Levine, VP Officer
Nelson Tavares, Executive Vice President
David Higley, President of Berkley Fire & Marine
Maria Rangel, Independent Director
Jack Nusbaum, Independent Director
Christopher Augostini, Independent Director
Andrew Robinson, President - Construction Solutions
Leigh Pusey, Independent Director
Marina Barg, Senior Vice President - claims
William Berkley, CEO and President COO, Director and Member of Executive Committee
Philip Welt, Executive Vice President, General Counsel, Corporate Secretary Secretary
James Gilbert, Executive Vice President - Enterprise Technology
Richard Baio, CFO, Senior Vice President Chief Accounting Officer, Treasurer
W Berkley, President, Chief Executive Officer, Director
Lucille Sgaglione, Executive Vice President
Jeanne Fenster, President - Operating Unit
Robert Standen, Executive Vice President - Operating Units
Karen Horvath, Vice President - External Financial Communications
Jonathan Talisman, Independent Director
Mary Farrell, Independent Director
Mark Shapiro, Independent Director
Ronald Blaylock, Independent Director
Scott Mansolillo, Senior Officer

WRB Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is W R a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether W R Berkley offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of W R's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of W R Berkley Stock. Outlined below are crucial reports that will aid in making a well-informed decision on W R Berkley Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in W R Berkley. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
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Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of W R. If investors know WRB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about W R listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.11
Dividend Share
0.307
Earnings Share
3.9
Revenue Per Share
32.89
Quarterly Revenue Growth
0.122
The market value of W R Berkley is measured differently than its book value, which is the value of WRB that is recorded on the company's balance sheet. Investors also form their own opinion of W R's value that differs from its market value or its book value, called intrinsic value, which is W R's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because W R's market value can be influenced by many factors that don't directly affect W R's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between W R's value and its price as these two are different measures arrived at by different means. Investors typically determine if W R is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, W R's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.