secwatch.observer — SEC 8-K summary
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Issuer:     James River Group Holdings, Inc. (JRVR)
CIK:        0001620459
Form:       8-K
Filed at:   2021-08-04T23:59:59+00:00
Accession:  0001620459-21-000074
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

James River Q2 EPS $0.60 ($0.54 adj); combined ratio 89.7%; $0.30 dividend; COO retired
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- Q2 net income $20.8M ($0.60/diluted) vs $35.6M ($1.16) prior year; adjusted net operating income $18.8M ($0.54) vs $17.4M ($0.56).
- Combined ratio improved to 89.7% (group) and 77.2% in E&S segment; record quarterly underwriting profit of $25.7M.
- E&S gross written premium (excl Commercial Auto) grew 15.1%; renewal pricing up 18.1% YoY. Fronting GWP up 59%.
- Tangible book value per share $17.18, up 25.4% from March 31, reflecting results and $192.1M net proceeds from share offering.
- COO Robert Myron retired July 31; separation agreement includes consulting through Dec 31 at $29,167/month.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1620459/000162045921000074/0001620459-21-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1620459/000162045921000074/jrvr-20210802.htm
  HTML page:      https://secwatch.observer/filing/0001620459-21-000074

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