9 March 2017Insurance

Long-serving board member at WR Berkley to retire

US insurer WR Berkley Corporation's director George Daly, who served on its board continuously since 1998, is set to retire. The company has nominated Ferré Rangel Group's president as his replacement.

Maria Luisa Ferré, the president of Puerto Rico-based Ferré Rangel Group and editor of GFR Media, has been nominated for election as a new director on WR Berkley's board.

William Berkley, executive chairman, said: "I would like to personally thank George on behalf of the Board of Directors for his many years of dedicated service, leadership and varied contributions to guiding our Company in its delivery of superior long-term shareholder value creation."

"As we look to the future, we are pleased to have the opportunity to add an individual of Maria Luisa's caliber to our board," he added. "Her background and experience will add new expertise and a fresh perspective. We look forward to welcoming her to the WR Berkley Corporation board of directors."

Today’s top stories

Ogden hits profits at Novae; chairman bemoans tough market

ILS issuance contracted in 2016 for the second consecutive year

Ogden rate hits profits at Aviva but CEO focuses on positives

Markel to target surety following hires from Aviva and Euler Hermes

Brit boosts Bermuda sidecar to write more property insurance

Hiscox hires RMS exec as new group head of catastrophe research

Did you enjoy reading this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
3 April 2017   WR Berkley Corporation's commercial excess and surplus (E&S) unit Nautilus Insurance Group has appointed Trish Buckhardt as senior vice president of its new strategic initiatives group with effect from April 4.
Insurance
24 March 2017   US insurer WR Berkley Corporation has appointed Christopher Rourke as president of its North Pacific business, succeeding Jeffrey Dehn who will retire following a management transition.
Insurance
20 January 2017   WR Berkley Corporation has made three key executive appointments in its insurance risk and underwriting divisions with immediate effect.