W. R. Berkley Corporation
Our Business
 
Berkley International Argentina

Eduardo Llobet

President & Chief Executive Officer

Eduardo Llobet joined W. R. Berkley Corporation in 1995. He has 28 years of experience in the insurance market, and previously managed a major Argentine property casualty company.

Berkley International do Brasil Seguros S.A.

Officers

Horacio d Almeida E. Silva

Director

Jose Marcellino Risden

Executive Vice President &
General Director

Silvia Tonges de Vergara

Chief Operating Officer

Carlos Alberto Borges do Nascimento

Chief Financial Officer

Sandra Santana

Underwriting Manager

Luciana Natividade

Marketing Director

Company At-A-Glance PDF

The above link is a PDF. To view this file, you will need Adobe Acrobat Reader. If you do not have it installed, it may be downloaded here.  PDF reader

Berkley International LatinoAmerica

Berkley International LatinoAmerica is a leading provider of property, casualty, surety, group life & health and workers' compensation insurance products and services in Argentina, Brazil and Uruguay.

Berkley International do Brasil Seguros

Berkley International do Brasil Seguros is the fourth largest provider of surety/bond insurance products and services in Brazil.

Our Mission

Our goal is to provide high quality surety/bond products and services to our clients.

Company Description

Berkley International do Brasil Seguros S.A. began operations in Brazil in 2006. It specializes in the surety business, providing products and services nationwide, through its head office in Sao Paulo, with a presence in all major regions of Brazil. This local presence provides Berkley International do Brasil Seguros with a strong competitive advantage in the regional surety markets. In September 2007, we started a new branch in Rio de Janeiro, in order to expand our products distribution and increase market penetration.

How Berkley International do Brasil Seguros is Different

Our business philosophy is oriented towards creativity, technological innovations, flexibility and agility, providing our clients with solutions beyond their expectations.

Accountability We encourage our employees to take initiative in providing the highest quality care and service to our customers. We focus on the needs of our customers, agents, representatives and suppliers.

People-Oriented Strategy Due to our flexible operating structure, we are able to personalize local business contacts and focus on quality of service and risk management. We combine the resources and skills of a large corporation with the agility and flexibility of a small company. We believe our success is due our close contact with our customers and our full understanding of their insurance needs.

Responsible Financial Practices During 2007, Berkley International LatinoAmerica's market experienced a challenging dynamism, with the Latin American operations company recording a 32% growth in consolidatd direct gross premium written. Country diversification policy for premium income sources resulted in 90% of sales coming from operations in Argentina and 10% from Brazil, improving the 98% and 2% pattern of the prior year, refelcting the high growth potential of the Brazilian market. Return on equity was 24.7%, as net income grew an outstanding 75% in comparison to the prior year.

Rating A- (bra) provided by Austin Ratings.

Distribution With headquarters in Sao Paulo, branches n Rio de Janeiro and Belo Horizonte, we are also present in major markets through representative offices and agents.

Contact Information

For additional information, please contact us at our home office.

Berkley International do Brasil Seguros

Rua Olimpiadas 200, 11° Andar, 04551-000-Vila
Tel: 55 11 3848 8622
Fax: 55 11 3848 8633
berkley@berkley.com.br

Financial Highlights

The following financial data is based on Berkley International do Brasil Seguros US GAAP Consolidated Financial Statements for the year ended December 31, 2007.

Financial Data
(In Brazilian Reals)

 
2007
 
Total Assets
Total Stockholders’
Equity
Direct Premiums Written
Net Income
38,655,143  

18,605,505  

26,417,282  
(2,181,315)