NU Online News Service, July 27, 11:27 a.m. EDT
W.R. Berkley Corp. experienced its first growth in overall premiums in 15 quarters due to growth in companies Berkley has started since 2006.
Most of the 5.8 percent growth in consolidated net written premiums quarter-to-quarter was derived from international business from start-ups like the corporation's Lloyd's syndicate and units in Brazil, China, Australia and Norway, said W. Robert Berkley, president and chief operating officer, during a conference call.
W.R. Berkley Corp. reported 2010 second-quarter net income of $110 million compared to $97 million during the same time last year.
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