secwatch.observer — SEC 8-K summary
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Issuer:     James River Group Holdings, Inc. (JRVR)
CIK:        0001620459
Form:       8-K
Filed at:   2022-02-28T23:59:59+00:00
Accession:  0001104659-22-028107
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 1.01, 2.02, 3.02, 3.03, 5.02, 5.03, 7.01, 9.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

James River Q4 net loss $66.3M, issues $150M preferred, enters $335M LPT
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- Q4 2021 net loss $66.3M ($1.78 diluted EPS); adjusted net operating loss $67.5M ($1.81 per share).
- Issued 150,000 Series A Preferred shares at $1,000/share for $150M aggregate to Gallatin Point affiliate.
- Entered $335M Loss Portfolio Transfer Agreement with Fortitude Re; $310M funds withheld, $25M cash.
- Core E&S gross written premium grew 14.1% YoY; renewal pricing up 9.5%.
- Board declared $0.05/share dividend payable March 31, 2022 to holders of record March 14.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1620459/000110465922028107/0001104659-22-028107-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1620459/000110465922028107/tm227669d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-028107

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer