8-K
filed May 2, 2023, 7:59 PM ET
ticker JRVR
CIK 0001620459
earnings
confidence high
sentiment neutral
materiality 0.65
James River Q1 2023 adj. net operating income $21.6M ($0.56/dil); GAAP net income $7.0M
James River Group Holdings, Inc.
2023-Q1 EPS reported
$0.18
revenue$235,601,000
- GAAP net income of $7.0M ($0.18 diluted) vs $9.3M ($0.25) in Q1 2022.
- Adjusted net operating income of $21.6M ($0.56 diluted) vs $13.9M ($0.37) in Q1 2022.
- E&S segment gross written premium up 12.1%, net up 17.3%; renewal rate increase 8.9%.
- Net investment income increased 58.4% compared to prior year quarter.
- Declared $0.05/shr dividend payable June 30; director Michael Oakes not seeking re-election.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
James River Group Holdings, Inc. reported the quarter ended March 31, 2023 results: net income $7.0 million ($0.18 per diluted share), EPS $0.18 per diluted share.
- Period
- the quarter ended March 31, 2023
- Net income
- $7.0 million ($0.18 per diluted share)
- EPS
- $0.18 per diluted share
- Result
- reported results
Exact text from the filing
On May 2, 2023, James River Group Holdings, Ltd. (the “Company”) issued a press release announcing its financial results for the quarter ended March 31, 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Michael Oakes departed as Class III director at James River Group Holdings, Inc..
- Action
- not seeking re-election
- Role
- Class III director
Exact text from the filing
On April 28, 2023, Michael Oakes advised the Company that he does not intend to seek re-election as a Class III director at the Company’s 2023 annual general meeting of shareholders.
View on SEC.gov
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