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Stock impact report

James River Announces Third Quarter 2024 Results, Strategic Actions [Yahoo! Finance]

James River Group Holdings, Ltd. - Common Shares (JRVR) 
Last james river group holdings, ltd. - common shares earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.jrgh.net
Company Research Source: Yahoo! Finance
the following results for the third quarter 2024 as compared to the same period in 2023 Three Months Ended September 30, Three Months Ended September 30, ($ in thousands, except for share data) per diluted share per diluted share Net (loss) income from continuing operations available to common shareholders Net loss from discontinued operations Net (loss) income available to common shareholders Adjusted net operating (loss) income Net loss from continuing operations available to common shareholders was $40.7 million ($1.07 per diluted share). Adjusted net operating loss of $28.2 million ($0.74 per diluted share) for the third quarter of 2024 was largely attributable to the previously announced $52.2 million of excess consideration paid over reserves ceded in connection with the Excess and Surplus Lines ("E&S") combined loss portfolio transfer adverse development reinsurance contract ("E&S ADC") that closed on July 2, 2024, as well as $19.2 million of additional Show less Read more
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