Headquartered in Chapel Hill, NC·Fiscal year ends December·NASDAQ: JRVR·jrvrgroup.com
About James River Group Holdings
James River Group Holdings, Inc. (NASDAQ: JRVR) is a holding company that owns and operates a group of specialty insurance companies. The company operates in two specialty property-casualty insurance segments: Excess and Surplus Lines (E&S), which is the dominant segment writing commercial casualty and specialty lines on a non-admitted basis, and Specialty Admitted Insurance, which has been deliberately scaled down as the company shifts focus toward more attractive E&S opportunities. The company previously operated a Casualty Reinsurance segment but completed the sale of JRG Reinsurance Company Ltd. in April 2024. Each of its regulated insurance subsidiaries is rated 'A-' (Excellent) by A.M. Best Company. The company utilizes reinsurance extensively, including adverse development covers, and retains approximately 55% of written premiums. Its investment portfolio is heavily weighted toward fixed maturity securities with a gross investment yield of approximately 4.6%. Updated
Pre-Market Stock Futures: The futures are trading lower after what started as a bounce-back Monday turned into a reversal Monday, as the AI/Datacenter rotation trade continues to gather steam during the last…