secwatch.observer — SEC 8-K summary
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Issuer:     James River Group Holdings, Inc. (JRVR)
CIK:        0001620459
Form:       8-K
Filed at:   2024-02-28T23:59:59+00:00
Accession:  0001620459-24-000018
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

James River Q4 net loss $152.8M on JRG Re discontinued ops; sells reinsurer in Q1 2024
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- Net loss from discontinued ops of $170.2M includes $80.4M held-for-sale loss and $53.2M on fixed maturities.
- Continuing ops adjusted net operating income $12.4M ($0.33/diluted); combined ratio 96.5% for full year.
- E&S segment gross written premium surpassed $1.0B in 2023; Q4 GWP up 12.1% and new submissions +14.9%.
- Board declared $0.05 dividend payable March 29, 2024 to holders of record March 11, 2024.
- Lenders waived A.M. Best downgrade default until March 2025; sale of JRG Re expected to close Q1 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1620459/000162045924000018/0001620459-24-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1620459/000162045924000018/jrvr-20240226.htm
  HTML page:      https://secwatch.observer/filing/0001620459-24-000018

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