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Berkley Forming U.K. Company International Editor

London

W.R. Berkley Corporation plans to form a U.K. insurance company, which will specialize in domestic U.K. casualty business.

If the U.K. regulatory approval process goes according to plan, “we should be ready [to write business] in the third quarter,” said Eugene Ballard, chief financial officer for the Greenwich, Conn.-based W.R. Berkley, which is a casualty specialist.

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