The best photo for all Investment Thesis For those who may have missed, I wrote about James River (NASDAQ:JRVR) in March 2024, with a buy rating explaining why I think the valuation gap will close over time. Since then, the stock hasn't moved that much, up 9% or so since publication. As of today, I still remain bullish and recommend investors be patient with this name. Even though talks have paused between Global Indemnity, the value still lies there in plain sight and I think the market is still dramat ...

PEMBROKE, Bermuda, July 24, 2024 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. (NASDAQ: JRVR) will release second quarter 2024 earnings after the market closes on Monday, August 5, 2024. It will also host an earnings conference call on Tuesday, August 6, 2024 beginning at 8:30 a.m. (Eastern Time). The conference call may be accessed by dialing (800) 715-9871, conference ID 8370409, or via the investor website at https://investors.jrvrgroup.com. A replay will also be available in the same location. Ab ...

PEMBROKE, Bermuda, July 09, 2024 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. ("James River" or the "Company") (NASDAQ:JRVR) today announced that Christine LaSala has been appointed to its Board of Directors (the "Board") as an independent, non-executive member, effective immediately. With the appointment of Ms. LaSala, the Board has increased its size from seven to eight directors. Ms. LaSala was appointed to the Compensation and Human Capital Committee and the Nominating and Corporate Governance C ...

PEMBROKE, Bermuda, July 09, 2024 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. (“James River” or the “Company”) (NASDAQ: JRVR) today announced that two of its principal operating subsidiaries entered into a combined loss portfolio transfer and adverse development cover reinsurance agreement with State National Insurance Company, Inc. (“State National”). Under the terms of the agreement, State National will provide $160.0 million of adverse development reinsurance coverage for James River’s Excess and ...

PEMBROKE, Bermuda, July 09, 2024 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. (“James River” or the “Company”) (NASDAQ: JRVR) today announced that Christine LaSala has been appointed to its Board of Directors (the “Board”) as an independent, non-executive member, effective immediately. With the appointment of Ms. LaSala, the Board has increased its size from seven to eight directors. Ms. LaSala was appointed to the Compensation and Human Capital Committee and the Nominating and Corporate Governance ...

财务数据和关键指标变化 - 公司报告净收入2,090万美元,每股收益0.53美元,调整后净营业收入1,480万美元,每股收益0.39美元,与上年同期相比均有所增长 [1][2][3] - 综合成本率为95.3%,较上年同期的94%略有上升 [3] - 赔付率为66.4%,较上年同期的66.7%略有下降 [3] - 投资收益为2,260万美元,较上年同期增长23% [3] 各条业务线数据和关键指标变化 - 特殊承保(E&S)业务毛保费下降6.6%,主要是由于公司主动非续保一些大账户,以维持定价和承保利润 [2][4] - 特殊承保业务综合成本率为87.3%,产生1,850万美元承保利润 [2] - 特殊承保业务续保率上涨10.7%,其中超额责任险、一般责任险和能源险的涨幅最高 [2] - 专属承保(Specialty Admitted)业务毛保费增长23%(不含工伤险),现有项目规模持续扩大 [3] - 专属承保业务综合成本率为97%,产生80万美元承保利润 [3] 各个市场数据和关键指标变化 - 特殊承保业务新增和续保申请量增长9%,创历史新高,其中一般责任险申请量增长45% [2] - 公司认为特殊承保市场整体定价环境仍然良好,预期损失趋势被定价水平超越 [2][4] 公司战略和发展方向及行业竞争 - 公司完成了JRG Re的出售交易,使公司更加专注和盈利 [1][2] - 公司正在进行战略评估,目前还没有明确时间表 [1] - 公司将继续专注于特殊承保和专属承保两大核心业务,利用自身优势和分销渠道抓住市场机遇 [1][2][3] - 公司将继续保持严格的承保纪律,非续保一些不符合利润标准的大账户,转而专注于中小企业业务 [2][4] 管理层对经营环境和未来前景的评论 - 公司认为特殊承保市场整体定价环境仍然良好,预期损失趋势被定价水平超越 [2][4] - 公司对2024年的盈利能力和收益率目标保持信心 [1][2][3] - 公司认为员工队伍是公司最大的优势,员工流失率较上年同期有所改善 [2]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the ☒ quarterly period ended March 31, 2024 or Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the ☐ transition period from _______ to _______ Commission File Number: 001-36777 JAMES RIVER GROUP HOLDINGS, LTD. (Exact name of registrant as specified in its charter) Bermuda 98-0585280 (State or ...

James River Group (JRVR) came out with quarterly earnings of $0.39 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this insurance holding company would post earnings of $0.43 per share when it actually produced earnings of $0.33, delivering a surprise of -23.26%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.James Rive ...

Exhibit 99.1 JAMES RIVER ANNOUNCES FIRST QUARTER 2024 RESULTS Pembroke, Bermuda, May 8, 2024 - James River Group Holdings, Ltd. ("James River" or the "Company") (NASDAQ: JRVR) today reported the following results for the first quarter 2024 as compared to the same period in 2023: Three Months Ended Three Months Ended March 31, March 31, ($ in thousands, except for share data) 2024 per diluted share 2023 per diluted share Net income from continuing operations available to common shareholders $ 20,883 $ 0.53 $ ...

PEMBROKE, Bermuda, April 16, 2024 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. ("James River" or the "Company") (NASDAQ:JRVR) today announced that Fleming Intermediate Holdings ("Fleming") has completed its acquisition of JRG Reinsurance Company, Ltd. ("JRG Re") at the previously agreed upon terms. Frank D'Orazio, the Company's Chief Executive Officer, commented, "We are pleased to have successfully completed our sale of JRG Re to Fleming in accordance with the Stock Purchase Agreement that the part ...