secwatch.observer — SEC 8-K summary
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Issuer:     James River Group Holdings, Inc. (JRVR)
CIK:        0001620459
Form:       8-K
Filed at:   2024-07-09T23:59:59+00:00
Accession:  0001620459-24-000095
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1620459/000162045924000095/0001620459-24-000095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1620459/000162045924000095/jrvr-20240702.htm
  HTML page:      https://secwatch.observer/filing/0001620459-24-000095

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