W. R. BERKLEY CORPORATION (NYSE:WRB) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 11, 2020, the Board of Directors of W. R. Berkley Corporation approved certain amendments to the: (i) W. R. Berkley Corporation Deferred Compensation Plan for Officers, as amended and restated on November 2, 2016, effective as of December 31, 2020; and (ii) W. R. Berkley Corporation Deferred Compensation Plan for Directors, as initially adopted on May 3, 2005 and subsequently amended effective as of December 3, 2007, effective as of December 31, 2020. The amendments discontinue all future elective deferrals of director fees and employee compensation by the participants then participating in the plans and prohibit any additional directors or employees from becoming eligible to participate in the plans, in each case, effective as of December 31, 2020.
The foregoing descriptions of the above amendments are qualified in their entirety by the full text of the respective amendments, which are attached to this Form 8-K as Exhibits 10.1 and 10.2, respectively, and are incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. The following exhibits are filed as part of this Current Report on Form 8-K:
BERKLEY W R CORP Exhibit
EX-10.1 2 b39435898b.htm AMENDMENT TO THE W. R. BERKLEY CORPORATION DEFERRED COMPENSATION PLAN FOR OFFICERS,…
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About W. R. BERKLEY CORPORATION (NYSE:WRB)
W. R. Berkley Corporation is an insurance holding company. The Company operates in the three segments of the property casualty insurance business: Insurance-Domestic, Insurance-International and Reinsurance-Global. Its Insurance-Domestic segment includes commercial insurance business, including excess and surplus lines and admitted lines, primarily throughout the United States. Its Insurance-Domestic operating units underwrite commercial insurance business primarily throughout the United States. The Company’s Insurance-International segment includes insurance business primarily in the United Kingdom, Continental Europe, South America, Canada, Scandinavia, Asia and Australia. The Company’s Reinsurance-Global segment includes reinsurance business on a facultative and treaty basis, primarily in the United States, United Kingdom, Continental Europe, Australia, the Asia-Pacific Region and South Africa.
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