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W.R. Berkley (NYSE:WRB) Major Shareholder Sumitomo Insurance Co Mitsui Purchases 112,176 Shares
Sumitomo Insurance Co Mitsui, a major shareholder in W.R. Berkley (NYSE:WRB), purchased an additional 112,176 shares on March 3rd at an average price of $72.20, increasing its stake by 0.19%. Following the acquisition, the firm now directly owns 58,780,450 shares in the insurance company, valued at approximately $4.24 billion. W.R. Berkley’s stock traded down 0.8% to $72.68 on the day, with a market capitalization of $27.22 billion.