James River Grou Stock Price, News & Analysis

James River (NASDAQ: JRVR) announced on October 6, 2025 the appointments of Georgia Collier as Senior Vice President, Specialty underwriting, and Matt Sinosky as Vice President, Business Development & Distribution, both reporting to Todd Sutherland, President of Excess & Surplus (E&S).

Collier, rejoining from Markel with 20+ years in E&S and prior nearly 20-year James River tenure, will lead six Specialty underwriting sub-divisions. Sinosky, with 15+ years in wholesale distribution from Arch Capital, will lead wholesale channel strategy and marketing. Management says the hires target profitable E&S growth and stronger broker partnerships.

James River Group (NASDAQ: JRVR) reported Q2 2025 financial results with net income from continuing operations of $3.2 million ($0.07 per diluted share) and adjusted net operating income of $11.7 million ($0.23 per diluted share). The company's E&S segment achieved a 91.7% combined ratio and 13.9% renewal rate increase, with its largest division seeing rates rise over 24%. Notable achievements include E&S quarterly gross written premium exceeding $300 million for the first time, representing a 3% year-over-year increase.

The group expense ratio improved to 30.5% from 32.7% in the prior quarter. Net investment income was $20.5 million, down 17.7% year-over-year. The company declared a cash dividend of $0.01 per common share, payable September 30, 2025. Tangible common equity increased 12.8% to $343.7 million compared to December 31, 2024.

James River Group Holdings (NASDAQ: JRVR) has announced the appointment of Joel Cavaness to its Board of Directors as an independent, non-executive member, effective immediately. Cavaness will also serve on the Board's Compensation and Human Capital Committee.

Cavaness brings nearly four decades of specialty property-and-casualty distribution experience, most recently serving as Chairman, Americas Specialty at Arthur J. Gallagher & Co. He previously co-founded and served as President of Risk Placement Services, Inc. in 1997, and held leadership roles at Arthur J. Gallagher & Co., including Corporate Vice President and Division President of the Wholesale Brokerage Operation.

James River Group Holdings (NASDAQ: JRVR) has announced two key executive appointments to strengthen its leadership team. Valdean Langenburg has been appointed as Group Chief Information Officer (CIO), succeeding Thomas Peach who retired on July 4. Additionally, Justin Zaharris has been promoted to Group Chief Claims Officer, expanding his current role as Vice President of claims for the Company's Excess & Surplus Lines segment.

The company also announced it will release its second quarter 2025 earnings after market close on Monday, August 4, 2025, followed by an earnings conference call on Tuesday, August 5, 2025, at 8:30 a.m. Eastern Time.

James River Group (NASDAQ: JRVR) reported Q1 2025 results with net income from continuing operations of $9.0 million ($0.18 per diluted share) and adjusted net operating income of $9.1 million ($0.19 per diluted share). Key highlights include: - E&S segment showed strength with a 91.5% combined ratio and 7.8% renewal rate increase - Specialty Admitted Insurance segment posted a 102.1% combined ratio, with fronting/program premium down 21.3% - Group combined ratio was 99.5% - Gross written premium decreased 11% to $294.4 million - Net investment income declined 11.6% to $20.0 million - Company declared a $0.01 per share dividend - Tangible common equity per share increased 6.6% to $7.11 The company won a significant dispute regarding the JRG Re sale, with the independent accounting firm ruling in their favor on $53.6 million of the $54.1 million in disputed items.

James River Group Holdings (NASDAQ: JRVR) announced a leadership transition in its Excess and Surplus Lines (E&S) segment. Richard Schmitzer will retire as President and CEO of the E&S segment after serving since 2010, with his retirement planned for Q4 2025. Todd Sutherland, current Senior VP of Management Liability, will succeed him as President effective May 5, 2025. Sutherland, who joined James River in 2023, brings over 30 years of industry experience, including leadership roles at AXA XL and Allied World Assurance Company. The title of E&S segment CEO will be retired in favor of segment President. Sutherland will report directly to CEO Frank D'Orazio and remain based in Richmond, Virginia.

James River Group Holdings (NASDAQ: JRVR) has announced its upcoming first quarter 2025 earnings release schedule. The company will disclose its Q1 2025 financial results after market hours on Monday, May 5, 2025.

A conference call to discuss the results is scheduled for Tuesday, May 6, 2025 at 8:00 a.m. Eastern Time. Investors can participate by dialing (800) 715-9871 with conference ID 8501569, or by accessing the investor website at https://investors.jrvrgroup.com. A replay of the call will be made available on the same platform.

James River Group Holdings (NASDAQ: JRVR) has announced the appointment of Bob Zimardo as Senior Vice President, Investments and Investor Relations, effective April 16, 2025. Reporting to CFO Sarah Doran, Zimardo will oversee the company's investments and investor relations activities.

Zimardo brings over 20 years of experience in asset management, investor relations, and corporate operations across private and public global markets. His most recent role was Partner, Investor Relations and Operations at International Farming, a multi-billion dollar farmland investment platform. Previously, he served as Director of Client Services at Halcyon Capital Management (now Bardin Hill Investment Partners), managing private market investment relationships.

James River Group Holdings (NASDAQ: JRVR) faces shareholder criticism over the Board's recent decision to award approximately $2.115 million in discretionary management bonuses for the 2024 performance period. Gregory and Scott Fortunoff, who hold nearly 2% of JRVR's outstanding shares, expressed shock at this decision given the company's significant underperformance.

The shareholders highlighted that JRVR's stock price has declined approximately 59% over the past year, while book value dropped about 30%. In 2024, the company reduced its annual cash dividend from $0.20 to $0.05 per share due to deteriorating financial results. The letter criticizes the Board, noting that except for Matthew Botein, they collectively own less than 0.5% of outstanding shares, while receiving approximately $1.331 million in group compensation.

The Fortunoffs propose that any bonuses should be awarded in stock options rather than cash, and unused portions should be distributed to shareholders as a special dividend. They threaten further action if the Board fails to prioritize capital preservation and shareholder interests.