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W.R. BERKLEY INCREASES DIVIDEND

 GREENWICH, Conn., March 11 /PRNewswire/ -- W.R. Berkley Corporation (NASDAQ: BKLY) today announced that the board of directors has voted to increase the cash dividend by 11 percent to the annual rate of 40 cents per share from the previous rate of 36 cents. The first quarterly dividend at the new rate of 10 cents per share will be paid on April 6, 1993 to stockholders of record at the close of business on March 30, 1993.
 W.R. Berkley Corporation is a holding company whose subsidiaries operate in three major segments of the insurance business: regional property casualty insurance; specialty lines of insurance (including excess and surplus lines, commercial transportation and reinsurance); and insurance services operations
(including management of alternative insurance market mechanisms). Its common stock is traded over-the- counter on the NASDAQ system (symbol: BKLY).
 -0- 3/11/93
 /CONTACT: John D. Vollaro, executive vice president of W.R. Berkley Corporation, 203-629-2880/
 (BKLY)


CO: W.R. Berkley Corporation ST: Connecticut IN: INS SU: DIV

AH-TS -- NY074 -- 5237 03/11/93 16:18 EST
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Publication:PR Newswire
Date:Mar 11, 1993
Words:175
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