How a 90-Year-Old Specialty Insurer Survived Hurricane Losses

Episode 30 of The Turnaround Podcast digs into the story of WR Berkley, a 90-year-old specialty insurer that faced a crisis after record hurricane losses in 2017-2018. Lucas and Luna unpack how CEO Robert Berkley rebuilt the company's underwriting discipline, cut exposure to volatile catastrophe-prone regions, and returned to profitability. They discuss the hard lessons from the insurance cycle, the importance of risk modeling, and why a 90-year-old company managed to adapt where others failed. With the S&P 500 hovering near 7,554 and small caps lagging, this episode shows how a steady, conservative approach can turn a near-disaster into a lesson in resilience. #WRBerkley #InsuranceTurnaround #PropertyAndCasualty #Underwriting #HurricaneLosses #SpecialtyInsurance #RiskManagement #Business #Finance #Investing #Restructuring #Recovery #DistressedBusiness #InsuranceIndustry #Resilience #FexingoBusiness #BusinessPodcast #TurnaroundPodcast Keep every episode free: buymeacoffee.com/fexingo