WR Berkley turns 50

Listed US insurer WR Berkley turned 50 yesterday and celebrated its
growth from a company that was founded with just $2,500 in initial
investment to a market cap carrier of almost $9bn.
Today, WR Berkley operates worldwide with $7.7bn in annual revenue,
more than $23bn in total assets and has $5bn in shareholders'
equity.
Commenting on the occasion, founder Bill Berkley said: "Our
success is a reflection of the collective efforts of our employees,
agents, brokers, and the many people...