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GREENWICH, Conn., Dec 23, 2008 (BUSINESS WIRE) --
W. R. Berkley Corporation (NYSE: WRB) today announced that it has terminated its negotiations to acquire NEMI Forsikring ASA. A press release announcing the letter of intent regarding the potential acquisition was previously issued on November 11, 2008. W. R. Berkley Corporation devoted substantial time and resources in performing its due diligence investigation, but was unable to structure an appropriate transaction.
Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates in five segments of the property casualty insurance business: specialty insurance, regional property casualty insurance, alternative markets, reinsurance, and international.
SOURCE: W. R. Berkley Corporation
W. R. Berkley Corporation
Karen A. Horvath, 203-629-3000
Vice President - External
Financial Communications
Copyright Business Wire 2008
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