James River Group (JRVR) Tops Q2 EPS by 2c
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James River Announces Second Quarter 2021 Results
August 4, 2021 4:05 PM EDTSecond Quarter 2021 Net Income of $20.8 million - ($0.60 per diluted share) and Adjusted Net Operating Income1 of $18.8 million - ($0.54 per diluted share)Combined ratio of 89.7% for the Group and 77.2% in the E&S segment, an improvement of 5.3 and 6.8 points, respectively, over the prior year quarter. Record quarterly underwriting profit1 of $25.7 million for the combined operating segments Adjusted Net Operating Return on Average Tangible Equity1 of 14.2% for the second quarter15.1% growth in Core (excluding Commercial Auto) Excess and Surplus Lines ("E&S") Gross Written Premium and 18.1% increase in E&S renewal pricing, each versus the prior... More
