Welcome to our dedicated page for James River Grou news (Ticker: JRVR), a resource for investors and traders seeking the latest updates and insights on James River Grou stock.
James River Group Holdings Ltd (JRVR) specializes in non-standard insurance solutions through its excess/surplus lines and specialty admitted insurance segments. This news hub provides investors and industry professionals with essential updates about the company's strategic developments and market position.
Access timely press releases and curated analysis covering earnings reports, underwriting initiatives, and regulatory updates. Our collection includes verified information about leadership changes, product expansions, and risk management strategies specific to JRVR's niche insurance markets.
Key updates focus on the company's core operations including commercial E&S lines, fronting arrangements in specialty insurance, and corporate financial management. Stay informed about how JRVR addresses complex risks through its specialized underwriting expertise.
Bookmark this page for direct access to primary source materials and objective reporting about one of the specialty insurance sector's key players. Regularly updated content helps stakeholders track performance indicators and industry-specific developments.
Levi & Korsinsky announced a $30 million settlement fund for shareholders in a class action lawsuit against James River Group Holdings (NASDAQ: JRVR). The class includes those who bought JRVR stock from February 22, 2019, to October 25, 2021, and suffered damages. Eligible members must file a claim by June 25, 2024, to receive a share of the settlement. The firm, known for its success in high-stakes securities litigation, did not participate in the lawsuit but is providing this information to ensure timely filing. More details and claim forms are available at Levi & Korsinsky's website.
James River Group Holdings, announced its first quarter 2024 results, revealing net income from continuing operations available to common shareholders at $20.9 million ($0.53 per diluted share) and adjusted net operating income at $14.8 million ($0.39 per diluted share). The company closed the sale of JRG Reinsurance Company and demonstrated strong investment income and underwriting results, especially in the Excess and Surplus Lines segment. Key highlights include a group combined ratio of 95.3%, E&S segment combined ratio of 87.3%, and a renewal rate change of 10.7%.
James River Group Holdings, (NASDAQ: JRVR) will release first quarter 2024 earnings on May 8, 2024, followed by an earnings conference call on May 9, 2024. Investors can access the call through dial-in or the investor website.