Rob Berkley calls 82% retention ratio ‘an invitation to pursue additional rate’
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Rob Berkley calls 82% retention ratio ‘an invitation to pursue additional rate’

wr-berkley-greenwich-ct-with-berkley.jpg

WR Berkley (WRB) president and CEO Rob Berkley said the company’s 82% renewal retention ratio has been an invitation “to keep pursuing additional rate” as the specialty carrier kept its portfolio “intact” while achieving rate growth.

“Based on our macro measurements, we're charging just shy of 2% more for new business relative to renewal business,” the executive said during the company’s Q1 earnings call with analysts.

Berkley’s

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Gift this article