other material
confidence high
sentiment positive
materiality 0.60
James River Group Q2 2023 presentation shows Core E&S GWP $933M, combined ratio 85%, investment income up 71%
James River Group Holdings, Inc.
- Core E&S renewal rates up 11% in Q2 2023, 26th consecutive quarter of increases.
- Core E&S gross written premiums $933M LTM, combined ratio 85%.
- Net investment income $25.2M in Q2 2023, up 71% from $14.7M in Q2 2022.
- Tangible common equity per share ex AOCI $15.01, up from $13.12 in Q2 2022.
- Company suspended writing Casualty Reinsurance; focusing on E&S and fronting.