NU Online News Service, July 25, 2:47 p.m. EDT
The cyclical change in the marketplace no longer tops the list of concerns for W.R. Berkley Chairman and Chief Executive Officer William R. Berkley, who says that while economic activity may have slowed the pace of the market turn, the cycle is indeed changing and prices are rising.
Now, Berkley says in a conference call with investors, his top-two concerns are the reinvestment rate on the company's portfolio and the risk of inflation.
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