James River Group (JRVR) Reports In-Line Q3 EPS

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James River Announces Third Quarter 2017 Results

November 1, 2017 4:05 PM EDT

Third Quarter 2017 Net Income of $10.4 million -- $0.34 per diluted share, and Adjusted Net Operating Income of $10.7 million -- $0.36 per diluted share -- Includes previously announced $10 million ($0.33 per diluted share) pre-tax impact of Hurricanes Harvey, Irma and Maria, net of reinsurance6.7% growth in Pre-Dividend Shareholders' Equity per share since December 31, 2016; 10.3% growth in Pre-Dividend Tangible Equity per share since December 31, 2016 11.8% nine month annualized Adjusted Net Operating Return on Average Tangible Equity Declared a $0.50 per share special dividend in addition to $0.30 per share quarterly dividend Robert P. Myron to transition to CEO on January 1, 2018; J. Adam Abram... More