W. R. Berkley Corporation Has Been Informed That Mitsui Sumitomo Insurance Co. Has Acquired Beneficial Ownership of At Least 12.5% of the Company's Shares Pursuant to Previously Announced Agreements with the Berkley Family
GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE: WRB) (the "Company†) today announced that the Company has been informed by representatives of Mitsui Sumitomo Insurance Co., Ltd. ("MSI†), a leading Japanese property and casualty insurance carrier, that MSI has acquired beneficial ownership of at least 12.5% of the Company's outstanding common stock (the "Common Stock†) pursuant to MSI's previously announced agreements with a company owned by members of the Berkley family and. ...