James River Grou Stock Price, News & Analysis

James River Group Holdings, Ltd. (NASDAQ: JRVR) announced its earnings release for Q1 2023, scheduled for May 2, 2023, post-market. A conference call will follow on May 3, 2023, at 9:00 AM ET, to discuss the results with analysts and investors. Interested parties can join the call by dialing (800) 715-9871 using conference ID 3174764, or through a live webcast on the company’s website. James River operates in the specialty insurance and reinsurance sectors, with its subsidiaries rated “A-” (Excellent) by A.M. Best. The firm focuses on Excess and Surplus Lines, Specialty Admitted Insurance, and Casualty Reinsurance.

James River Group Holdings (NASDAQ: JRVR) has appointed Dennis J. Langwell as an independent, non-executive member of its Board of Directors, increasing the board size from 9 to 10 members. Langwell brings a wealth of experience from his former role as Vice Chairman of Insurance Operations at Liberty Mutual, where he served in various leadership positions for over two decades. His extensive expertise in insurance operations and finance is seen as a significant asset to the company. The appointment is expected to enhance the Board’s capabilities and support the company's ongoing strategic initiatives aimed at generating positive momentum for shareholders.

James River Group Holdings, Ltd. (NASDAQ: JRVR) announced the appointment of Todd Sutherland as Senior Vice President of Underwriting for Management Liability. In this new position, he will establish the Management Liability Division within the Excess and Surplus Lines segment, focusing on excess directors and officers liability. With over 30 years of experience in property and casualty insurance, Sutherland previously led a significant book of business at AXA XL. His appointment aims to diversify the company's product offerings and strengthen its position in the Excess and Surplus lines market.

James River Group Holdings reported a substantial recovery in Q4 2022, with net income of $15.1 million ($0.40 per diluted share) compared to a loss of $66.3 million in Q4 2021. The adjusted net operating income rose to $20.2 million ($0.53 per diluted share), reversing a significant loss from the previous year. Highlights include a combined ratio of 91.7% and impressive premium growth of 11.3% in the E&S segment, with net investment income soaring 88.1%. The company aims to focus on its core insurance strengths by suspending the Casualty Reinsurance segment. A dividend of $0.05 per share was declared, payable on March 31, 2023.

James River Group Holdings, Ltd. (NASDAQ: JRVR) announced the release of its earnings for Q4 2022, scheduled for February 27, 2023, after market close. A conference call will follow on February 28, 2023, at 8:30 a.m. ET, for analysts and investors to discuss the results. The company operates in specialty insurance and reinsurance, with its subsidiaries rated 'A-' (Excellent) by A.M. Best. Interested participants can join the call at (800) 715-9871 or via the company’s website.