James River Group Holdings

James River Group Holdings Ltd. engages in the ownership and operation of a group of specialty insurance and reinsurance companies. It operates through the following segments: Excess and Surplus Lines, Specialty Admitted Insurance, Casualty Reinsurance, and Corporate and Other. The Excess and Surplus Lines segment offers E&S commercial lines liability and property insurance products. The Specialty Admitted Insurance segment focuses on s workers’ compensation insurance coverage as well as specialty admitted fronting and program business. The Casualty Reinsurance segment deals with commercial liability and non-catastrophe property reinsurance to U.S. insurance companies and to the Company’s U.S.-based insurance subsidiaries. The Corporate and Other segment comprises of management and treasury activities of James River Group, James River UK, and JRG Holdings as well as interest expense associated with senior debt and Junior Subordinated Debt, and investment income from investments classified as other invested assets. The company was founded on May 30, 2007 and is headquartered in Hamilton, Bermuda.

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James River Group Holdings reports Q3 loss, focuses on strategic growth

James River Group Holdings faced challenges with a net loss driven by State National ADC impact and reserve charge, while showcasing strength in the Specialty Admitted segment.
Strategic actions, investments from Enstar Group and Gallatin Point Capital, and operational improvements were key focus areas discussed during the earnings call.
Addressing challenges in the E&S segment's high combined ratio and optimizing underwriting practices present opportunities for future growth and profitability.

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James River Group Holdings Ltd. engages in the ownership and operation of a group of specialty insurance and reinsurance companies. It operates through the following segments: Excess and Surplus Lines, Specialty Admitted Insurance, and Corporate and Other. The Excess and Surplus Lines segment offers E&S commercial lines liability and property insurance products. The Specialty Admitted Insurance segment focuses on s workers’ compensation insurance coverage as well as specialty admitted fronting and program business. The Casualty Reinsurance segment deals with commercial liability and non-catastrophe property reinsurance to U.S. insurance companies and to the Company’s U.S.-based insurance subsidiaries. The Corporate and Other segment comprises of management and treasury activities of James River Group, James River UK, and JRG Holdings as well as interest expense associated with senior debt and Junior Subordinated Debt, and investment income from investments classified as other invested assets. The company was founded on May 30, 2007 and is headquartered in Hamilton, Bermuda.

Accelerates Strategy to Pure Play E&S and Fronting Operations Full Exit from Reinsurance Business

James River Announces Agreement to Sell Casualty Reinsurance Business to Fleming Holdings

PEMBROKE, Bermuda, Nov. 07, 2023 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. ("James River" or the "Company") (NASDAQ: JRVR) today reported third quarter 2023 net income available to common shareholders of $16.9 million ($0.45 per diluted share), compared to net loss available to common shareholders of $7.2 million ($0.19 per diluted share) for the third quarter of 2022. Adjusted net operating income1 for the third quarter of 2023 was $18.3 million ($0.48 per diluted share), compared to adjusted net operating income1 of $15.5 million ($0.41 per diluted share) for the third quarter of 2022.

James River Announces Third Quarter 2023 Results

PEMBROKE, Bermuda, Oct. 18, 2023 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. (NASDAQ: JRVR) will release third quarter 2023 earnings after the market closes on Tuesday, November 7, 2023. It will also host an earnings conference call on Wednesday, November 8, 2023 beginning at 8:30 a.m. (Eastern Time).

James River To Hold Its Third Quarter Earnings Conference Call on Wednesday, November 8, 2023

PEMBROKE, Bermuda, Sept. 25, 2023 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. (“James River” or the “Company”) (NASDAQ: JRVR) today announced that certain of its subsidiaries have entered into an agreement to sell the renewal rights to their Individual Risk Workers' Compensation (“IRWC”) business to Amynta Group (“Amynta”). The transaction includes the full operations of the business, including underwriting, loss control and claims, and transfer of the employees supporting the business. The IRWC business produced $53 million of gross written premiums in 2022. It will operate under Amynta Work Comp Solutions.

James River Announces Agreement to Sell Individual Risk Workers' Compensation Renewal Rights to Amynta Group

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James River Group Holdings, Ltd. (NASDAQ:JRVR ) Q2 2023 Earnings Conference Call August 8, 2023 8:30 AM ET Company Participants Frank D'Orazio - Chief Executive Officer Sarah Doran - Chief Financial Officer Brett Shirreffs - Investor Relations Conference Call Participants Mark Hughes - Truist Securities Meyer Shields - KBW Tracy Benguigui - Barclays Brian Meredith - UBS Operator Good morning, ladies and gentlemen, and welcome to the James River Group Q2, 2023 Earnings Call.

James River Group Holdings, Ltd. (JRVR) Q2 2023 Earnings Call Transcript

James River Group (JRVR) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.52 per share a year ago.

James River Group (JRVR) Q2 Earnings and Revenues Surpass Estimates

PEMBROKE, Bermuda, Aug. 07, 2023 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. ("James River" or the "Company") (NASDAQ: JRVR) today reported second quarter 2023 net income available to common shareholders of $21.1 million ($0.54 per diluted share), compared to net income available to common shareholders of $5.0 million ($0.13 per diluted share) for the second quarter of 2022. Adjusted net operating income1 for the second quarter of 2023 was $20.6 million ($0.53 per diluted share), compared to adjusted net operating income1 of $20.0 million ($0.52 per diluted share) for the second quarter of 2022.

James River Announces Second Quarter 2023 Results

PEMBROKE, Bermuda, July 17, 2023 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. (NASDAQ: JRVR) will release second quarter 2023 earnings after the market closes on Monday, August 7, 2023. It will also host an earnings conference call on Tuesday, August 8, 2023 beginning at 8:30 a.m. (Eastern Time).

James River To Hold Its Second Quarter Earnings Conference Call on Tuesday, August 8, 2023

PEMBROKE, Bermuda, June 08, 2023 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. (“James River” or the “Company”) (NASDAQ: JRVR) today announced that Non-Executive Chairman, founder and former Chief Executive Officer J. Adam Abram will not stand for re-election at the Company's 2023 Annual Meeting, and that the Board has appointed Lead Independent Director Ollie L. Sherman, Jr. as its next Non-Executive Chairman, effective upon conclusion of Mr. Abram's term as director, and contingent upon Mr. Sherman's re-election as a director at the Annual Meeting.

James River Announces Retirement of Non-Executive Chairman

James River Group Holdings Ltd (NASDAQ:JRVR ) Q1 2023 Earnings Conference Call May 3, 2023 9:00 AM ET Company Participants Brett Shirreffs - Senior Vice President of Finance, Investments & Head of Investor Relations Frank D'Orazio - Chief Executive Officer & Director Sarah Doran - Chief Financial Officer Conference Call Participants Brian Meredith - UBS Meyer Shields - KBW Tracy Benguigui - Barclays Mark Hughes - Truist Securities Operator Good day everyone and welcome to today's -- and welcome to the James River Group Q1 2023 Earnings Call. [Operator Instructions] And finally, I would like to advise all participants that this call is being recorded.

James River Group Holdings Ltd (JRVR) Q1 2023 Earnings Call Transcript

James River Group (JRVR) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.37 per share a year ago.

James River Group (JRVR) Surpasses Q1 Earnings and Revenue Estimates

PEMBROKE, Bermuda, May 02, 2023 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. ("James River" or the "Company") (NASDAQ: JRVR) today reported first quarter 2023 net income available to common shareholders of $7.0 million ($0.18 per diluted share), compared to net income available to common shareholders of $9.3 million ($0.25 per diluted share) for the first quarter of 2022. Adjusted net operating income1 for the first quarter of 2023 was $21.6 million ($0.56 per diluted share), compared to adjusted net operating income1 of $13.9 million ($0.37 per diluted share) for the first quarter of 2022.

James River Announces First Quarter 2023 Results

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PEMBROKE, Bermuda, April 03, 2023 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. (“James River” or the “Company”) (NASDAQ: JRVR) today announced that Todd Sutherland has joined the Company as Senior Vice President of Underwriting, Management Liability. In a newly created role, Mr. Sutherland will be responsible for establishing the Management Liability Division within the Excess and Surplus Lines segment, concentrating initially on excess directors and officers liability. Mr. Sutherland will report to Richard Schmitzer, Excess and Surplus Lines Segment President and CEO.

James River Welcomes Todd Sutherland as Senior Vice President of Underwriting

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James River Group Holdings Ltd (NASDAQ:JRVR ) Q4 2022 Earnings Conference Call February 28, 2023 8:30 AM ET Company Participants Brett Shirreffs - SVP, Finance, Investments & Head, IR Frank D'Orazio - CEO & Director Sarah Doran - CFO Conference Call Participants Mark Hughes - Truist Securities Brian Meredith - UBS Meyer Shields - KBW Tracy Benguigui - Barclays Operator Thank you for standing by, and welcome to the James River Group Fourth Quarter 2022 Conference Call. [Operator Instructions] I would now like to turn the conference over to Brett Shirreffs, Head of Investor Relations.

James River Group Holdings Ltd (JRVR) Q4 2022 Earnings Call Transcript

James River Group (JRVR) delivered earnings and revenue surprises of 6% and 2.83%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

James River Group (JRVR) Beats Q4 Earnings and Revenue Estimates

PEMBROKE, Bermuda, Feb. 27, 2023 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. ("James River" or the "Company") (NASDAQ: JRVR) today reported fourth quarter 2022 net income available to common shareholders of $15.1 million ($0.40 per diluted share), compared to a net loss available to common shareholders of $66.3 million ($1.78 per diluted share) for the fourth quarter of 2021. Adjusted net operating income1 for the fourth quarter of 2022 was $20.2 million ($0.53 per diluted share), compared to an adjusted net operating loss1 of $67.5 million ($1.81 per diluted share) for the fourth quarter of 2021.

James River Announces Fourth Quarter And Full Year 2022 Results

PEMBROKE, Bermuda, Feb. 01, 2023 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. (the “Company”) (NASDAQ: JRVR) today announced it will release its earnings for the quarter ended December 31, 2022 after the market closes on Monday, February 27, 2023. The Company will also host a conference call to discuss its results with analysts and investors on Tuesday, February 28, 2023 beginning at 8:30 a.m. (Eastern Time).

James River Announces Dates for Its 2022 Fourth Quarter Earnings Release and Conference Call

James River Group Holdings Ltd (NASDAQ:JRVR ) Q3 2022 Earnings Conference Call November 2, 2022 8:00 AM ET Company Participants Brett Shirreffs - SVP, Finance, Investments & Head, IR Frank D'Orazio - CEO & Director Sarah Doran - CFO Conference Call Participants Michael Ramirez - Truist Securities James Bach - KBW Casey Alexander - Compass Point Operator Thank you for holding, and welcome everyone, to the James River Group Third Quarter 2022 Earnings Call. [Operator Instructions].

James River Group Holdings Ltd (JRVR) Q3 2022 Earnings Call Transcript

James River Group (JRVR) delivered earnings and revenue surprises of 2.50% and 0.87%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

James River Group (JRVR) Q3 Earnings Beat Estimates

PEMBROKE, Bermuda, Nov. 01, 2022 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. ("James River" or the "Company") (NASDAQ: JRVR) today reported a third quarter 2022 net loss available to common shareholders of $7.2 million ($0.19 per diluted share), compared to a net loss available to common shareholders of $23.9 million ($0.64 per diluted share) for the third quarter of 2021. Adjusted net operating income1 for the third quarter of 2022 was $15.5 million ($0.41 per diluted share), compared to an adjusted net operating loss1 of $26.8 million ($0.72 per diluted share) for the third quarter of 2021.

James River Announces Third Quarter 2022 Results

James River Group (JRVR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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