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WR Berkley (WR Berkley) Long-Term Capital Lease Obligation

: $0 Mil (As of Dec. 2023)
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WR Berkley's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil.


WR Berkley Long-Term Capital Lease Obligation Historical Data

The historical data trend for WR Berkley's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WR Berkley Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

WR Berkley Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Long-Term Capital Lease Obligation Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

WR Berkley  (NYSE:WRB) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

WR Berkley Long-Term Capital Lease Obligation Related Terms

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WR Berkley (WR Berkley) Business Description

Industry
Traded in Other Exchanges
Address
475 Steamboat Road, Greenwich, CT, USA, 06830
W.R. Berkley is an insurance holding company with a host of subsidiaries that primarily underwrite commercial casualty insurance. The firm specializes in niche products that include various excess and surplus lines, workers' compensation insurance, self-insurance consulting, reinsurance, and regional commercial lines for small and midsize businesses.
Executives
Daniel Lynn Mosley director 475 STEAMBOAT ROAD, GREENWICH CT 06830
Mark Ellwood Brockbank director ROC FLEURI APT C41, 1 RUE DU TENAO, MONTE CARLO O9 98000
Jonathan Talisman director 475 STEAMBOAT ROAD, W R BERKLEY CORPORATION, GREENWICH CT 06830
Philip S Welt officer: EVP & General Counsel W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830
James G Shiel officer: Sr.Vice Pres. - Investments C/O W R BERKLEY CORP, 475 STEAMBOAT RD, GREENWICH CT 06830
Leigh Ann Pusey director LILLY CORPORATE CENTER, INDIANAPOLIS IN 46285
Maria Luisa Ferre director PO BOX 9066590, SAN JUAN PR 00906-6590
Matthew M Ricciardi officer: SVP AND GENERAL COUNSEL W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830
Ira S Lederman officer: SVP-General Counsel & Sec. 475 STEAMBOAT ROAD, GREENWICH CT 06830
Clement P Patafio officer: V.P.-Corp. Controller C/O W R BERKLEY CORP, 475 STEAMBOAT RD, GREENWICH CT 06830
Christopher L Augostini director C/O W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830
Eugene G Ballard officer: Sr.V.P.- CFO & Treas. C/O W R BERKLEY CORP, 475 STEAMBOAT RD, GREENWICH CT 06830
Ronald E Blaylock director
Lucille T Sgaglione officer: Senior Vice President C/O W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830
Jeffrey Marc Hafter officer: SVP W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830

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