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James River Group Holdings, Ltd - $JRVR STOCK NEWS

Welcome to our dedicated page for James River Group Holdings news (Ticker: $JRVR), a resource for investors and traders seeking the latest updates and insights on James River Group Holdings stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect James River Group Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
James River Group Holdings, Ltd. (NASDAQ: JRVR) announced the sale of JRG Reinsurance Company, Ltd. for an estimated $277 million, accelerating its strategy to focus on E&S and fronting operations. The transaction includes a $139 million pre closing dividend and a $138 million cash payment from Fleming at close.
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-7%
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Rhea-AI Summary
James River Group Holdings, Ltd. (NASDAQ: JRVR) reported third quarter 2023 net income of $16.9 million ($0.45 per share), compared to a net loss of $7.2 million ($0.19 per share) in 2022. The company experienced a 96.2% group combined ratio and increased new business submissions by 8.4%. The E&S segment renewal rate change increased by 12.4% from the prior year quarter.
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-7%
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James River Group Holdings to release third quarter 2023 earnings
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-2.96%
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James River Group Holdings announces sale of renewal rights to their Individual Risk Workers’ Compensation business to Amynta Group.
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0.77%
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-8.44%
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1.45%
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-1.46%
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Rhea-AI Summary
James River Group Holdings reports first quarter 2023 net income of $7.0 million, compared to $9.3 million in Q1 2022. Adjusted net operating income for Q1 2023 was $21.6 million, compared to $13.9 million in Q1 2022. Group combined ratio of 94.9% and E&S segment combined ratio of 86.8%. E&S segment gross and net written premium growth of 12.1% and 17.3%, respectively. Net investment income increased 58.4% compared to the prior year quarter. CEO expects continued excellent underwriting performance and shareholder returns.
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6.95%
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-2.51%
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James River Group Holdings, Ltd

Nasdaq:JRVR

JRVR Rankings

JRVR Stock Data

332.46M
36.52M
4.68%
97.35%
2.21%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
Link
United States of America
PEMBROKE

About JRVR

james river group is an insurance company located in 7130 glen forest dr, richmond, virginia, united states.