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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.

James River Group Holdings, Ltd (NASDAQ: JRVR) is a Bermuda-based insurance holding company headquartered at 7130 Glen Forest Drive, Richmond, Virginia, United States. The company operates through a group of specialty insurance and reinsurance companies, organized into three core segments: Excess and Surplus Lines, Specialty Admitted Insurance, and Corporate and Other.

The Excess and Surplus Lines segment is the primary revenue generator for James River, offering commercial liability and excess property insurance products. This division caters to a wide range of risks, providing solutions that are often not available in the standard insurance market.

The Specialty Admitted Insurance segment focuses on niche classes within the standard insurance markets, with a particular emphasis on fronting business. This involves retaining a minority share of the risk while earning fee income by leveraging its licensure, ratings, and infrastructure to facilitate other carriers and producers.

The Corporate and Other segment includes the management and treasury activities of the holding companies, as well as equity compensation for the group's employees.

James River has been recognized for its performance and stability, with each of its U.S. regulated insurance subsidiaries receiving an “A-” (Excellent) rating from A.M. Best Company. This rating reflects the company's strong operating performance, solid capitalization, and robust risk management practices.

Recent achievements for James River include their focus on tangible equity and underwriting performance ratios, demonstrating effective financial management. Additionally, the company has been actively involved in legal proceedings, such as the recent court order requiring Fleming Intermediate Holdings to complete a transaction, highlighting James River's commitment to enforcing its contractual rights.

For investors, James River regularly provides updates and insights through press releases and conference calls, accessible via their investor website. The company's strategic focus on maintaining strong relationships with brokers, agents, and customers ensures a stable and diversified revenue stream.

James River's business model and strategic initiatives position it well in the specialty insurance market, poised for continuous growth and resilience in the ever-evolving insurance landscape.

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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.

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James River Group Holdings, announced the completion of the sale of JRG Reinsurance Company, to Fleming Intermediate Holdings. The acquisition was finalized as per the agreed terms in the Stock Purchase Agreement. James River will now concentrate on its core U.S. insurance operations, such as E&S and fronting businesses.
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James River Group Holdings, (NASDAQ: JRVR) announced that the Supreme Court granted a preliminary injunction against Fleming Intermediate Holdings, compelling them to complete the acquisition of JRG Reinsurance Company within 10 days. CEO Frank D’Orazio expressed satisfaction with the Court's decision.
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AM Best comments on James River Group Holdings, Ltd.'s credit ratings remaining unchanged after filing a complaint against Fleming Intermediate Holdings LLC for failing to complete an acquisition agreement.
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James River Group Holdings, Ltd. files a complaint against Fleming Intermediate Holdings for failing to complete the acquisition of JRG Reinsurance Company Ltd. The lawsuit seeks specific performance of the contractual obligation and expedited relief from the Court. James River is determined to protect its interests and enforce the agreement terms.
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James River Group Holdings, Ltd. reported mixed financial results for Q4 2023, with net loss from discontinued operations impacting common shareholders. The pending sale of JRG Reinsurance Company Ltd. drove the net loss. Despite this, the company saw strong investment income and underwriting results from its E&S segment. The year also saw record E&S segment premium levels and growth in new business submissions. The company's CEO highlighted strategic progress and exploration of strategic alternatives.
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James River Group Holdings, Ltd. (JRVR) to release Q4 2023 earnings on Feb 28, 2024, with an earnings call scheduled for Feb 29, 2024. Investors can access the call via phone or the investor website.
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AM Best Revises Outlook to Negative for James River Group Holdings, Ltd. (NASDAQ: JRVR)
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James River Group Holdings, Ltd. (NASDAQ: JRVR) appoints William Bowman as President and CEO of Specialty Admitted Insurance. With over 35 years of industry experience, Bowman's leadership aims to drive profitable growth in the fronting sector, leveraging deep relationships with MGAs, program managers, and reinsurers.
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James River Group Holdings, Ltd. (NASDAQ: JRVR) has announced the initiation of an exploration of strategic alternatives, including a potential sale, merger, or other strategic transaction. The board aims to maximize shareholder value by considering various options for the company. The process is supported by financial advisors Citi and Ardea Partners.
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FAQ

What is the current stock price of James River Group Holdings (JRVR)?

The current stock price of James River Group Holdings (JRVR) is $4.88 as of January 3, 2025.

What is the market cap of James River Group Holdings (JRVR)?

The market cap of James River Group Holdings (JRVR) is approximately 183.9M.

What does James River Group Holdings, Ltd. do?

James River Group Holdings, Ltd. operates specialty insurance and reinsurance companies, offering commercial liability, excess property insurance, and fronting business services.

Where is James River Group Holdings, Ltd. located?

The company is headquartered at 7130 Glen Forest Dr, Richmond, Virginia, United States.

What are the main segments of James River Group's business?

The three main segments are Excess and Surplus Lines, Specialty Admitted Insurance, and Corporate and Other.

How is James River Group Holdings rated?

Each of its U.S. regulated insurance subsidiaries is rated 'A-' (Excellent) by A.M. Best Company.

What recent achievements has James River Group Holdings made?

Recent achievements include focus on tangible equity, underwriting performance, and obtaining favorable court rulings in legal proceedings.

How can investors stay updated on James River Group Holdings' performance?

Investors can access updates through press releases and conference calls available on the company’s investor website.

What is the focus of the Specialty Admitted Insurance segment?

It focuses on niche classes within standard insurance markets, primarily fronting business while retaining a minority share of the risk.

What is the role of the Excess and Surplus Lines segment?

This segment provides commercial liability and excess property insurance products, addressing risks not covered in the standard insurance market.

What types of risks does James River Group manage?

James River manages a variety of risks through its different segments, offering solutions for commercial liability, excess property, and niche insurance markets.

Who can I contact for more information about James River Group Holdings?

For investor-related inquiries, contact Brett Shirreffs, SVP of Finance, Investments, and Investor Relations at (919) 980-0524 or Investors@jrvrgroup.com.
James River Group Holdings, Ltd

Nasdaq:JRVR

JRVR Rankings

JRVR Stock Data

183.85M
36.51M
2.78%
84.94%
2.33%
Insurance - Specialty
Fire, Marine & Casualty Insurance
Link
United States of America
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