James River Announces Legacy Reinsurance Agreement with State National Insurance Company [Financial Post (Toronto, Ontario, Canada)]
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James River Group Holdings, Ltd. - Common Shares (JRVR)
Last james river group holdings, ltd. - common shares earnings: 4/29 04:05 pm
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Source: Financial Post
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 Surplus Lines segment casualty portfolio for accident years 2010-2023 (both years inclusive), subject to a 15% co-participation by the Company. The reinsurance structure has no coverage sublimits but does exclude exposure to the Company's former large commercial auto insured, with the vast majority of that exposure already subject to a previously executed loss portfolio transfer. James River will retain claims management. State National is rated “A” (Excellent) by AM Best. Fr
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News
- James River Group Holdings, Ltd. (JRVR) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- James River Group Holdings, Ltd. (NASDAQ: JRVR) had its price target lowered by analysts at Truist Financial Co. from $9.00 to $8.00. They now have a "hold" rating on the stock.MarketBeat
- James River Group Holdings, Ltd. (NASDAQ: JRVR) had its price target lowered by analysts at Compass Point from $12.50 to $12.00. They now have a "buy" rating on the stock.MarketBeat
- James River Group Holdings, Ltd. (NASDAQ: JRVR) had its price target lowered by analysts at JMP Securities from $14.00 to $11.00. They now have a "market outperform" rating on the stock.MarketBeat
- James River Group (JRVR) Misses Q2 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
JRVR
Earnings
- 8/5/24 - Miss
JRVR
Sec Filings
- 8/6/24 - Form 10-Q
- 8/5/24 - Form 8-K
- 7/31/24 - Form 8-K
- JRVR's page on the SEC website