James River Group (JRVR) Misses Q3 EPS by 67c

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Go back to James River Group (JRVR) Misses Q3 EPS by 67c

James River Announces Third Quarter 2021 Results

November 2, 2021 4:05 PM EDT

Third Quarter 2021 Net Loss of $23.9 million - ($0.64 per diluted share) and Adjusted Net Operating Loss1 of $26.8 million - ($0.72 per diluted share).21.3% growth in Excess and Surplus Lines ("E&S") Gross Written Premium and 8.7% increase in E&S renewal pricing, each versus the prior year quarter, with nearly all underwriting divisions reporting positive growth and rate increases. The segment experienced its nineteenth consecutive quarter of renewal rate increases, compounding to 45.9% over the same period.Net catastrophes losses were $5.0 million... More