James River completes $160M LPT-ADC reinsurance with State National

James River Group Holdings, Inc.

State National reinsures 85% of E&S losses above $716.6M up to $467.1M limit; premium $313.2M.
Company to recognize $52.2M pre-tax charge in Q3 2024 for excess consideration over reserves ceded.
Profit commission: 50% of favorable development below 104.5% of reserves, capped at $87.0M.
Christine LaSala appointed independent director, expanding board to eight; joins compensation and governance committees.

item 1.01 item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Christine LaSala

director

JRVR · James River Group Holdings, Inc.

Effective: 2024-07-05
Filed: July 9, 2024, 7:59 PM ET

On July 5, 2024, the Board of Directors (the “ Board ”) of the Company appointed Christine LaSala as a director of the Company.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Christine LaSala was appointed as director at James River Group Holdings, Inc..

Action: appointed
Role: director

Exact text from the filing

On July 5, 2024, the Board of Directors (the “ Board ”) of the Company appointed Christine LaSala as a director of the Company.

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James River Group Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001620459-24-000095

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