Is W.R. Berkley Stock Outperforming the Dow?

Valued at a market cap of almost $22.1 billion, W. R. Berkley Corporation (WRB) is an insurance holding company that operates as a commercial lines writer worldwide. The Greenwich, Connecticut-based company's competitive advantage lies in its long-term strategy of decentralized operations, allowing each of its units to identify and respond quickly and effectively to changing market conditions and local customer needs.

Companies worth $10 billion or more are generally described as “large-cap” stocks and W. R. Berkley fits right into that category with its market cap exceeding this threshold. The property and casualty insurance providers over 60 insurance businesses serve a niche market and possess specialized knowledge regarding an industry, product, or region.