W.R. Berkley files automatic shelf registration

By Devika Patel

Knoxville, Tenn., Nov. 26 - W.R. Berkley Corp. and its subsidiary W.R. Berkley Capital Trust III jointly filed an automatic shelf registration in an S-3-ASR filing with the Securities and Exchange Commission.

The registration for the parent covers common stock, preferred stock, depositary shares, debt securities, warrants to purchase common stock, warrants to purchase preferred stock, warrants to purchase debt securities, stock purchase contracts and stock purchase units. The registration for the subsidiary covers preferred securities guaranteed by the parent.

The securities may be structured as convertibles.

The Greenwich, Conn., property and casualty insurer will use proceeds for working capital, capital expenditures, acquisitions, stock repurchases and other general corporate purposes.

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