JRVR - Dividend announcements

NEW YORK, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2025. This quarter, there are constituent changes within six of our indexes: KBW Nasdaq Insurance Index (Index Ticker: KIX), KBW Nasdaq Regional Banking Index (Index Ticker: KRX, ETF Ticker: KBWR), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY), KBW Nasdaq Property and Casualty Ins

PEMBROKE, Bermuda, Oct. 06, 2025 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. ("James River" or the "Company") (NASDAQ:JRVR) today announced the appointments of Georgia Collier and Matt Sinosky to its Excess and Surplus ("E&S") leadership team, each reporting to Todd Sutherland, President of E&S. These two appointments support James River's continued momentum to capture market opportunities and drive its next phase of profitable growth. With more than two decades of experience in the E&S market, Georgia Collier re-joins James River from the Markel Group where she led the firm's nationwide Commercial Primary Casualty division as a Managing Director and Product Line Leader. She prev

PEMBROKE, Bermuda, May 05, 2025 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. ("James River" or the "Company") (NASDAQ:JRVR) announced today its plans for Todd Sutherland, current Senior Vice President, Management Liability within the Company's Excess and Surplus Lines ("E&S") segment, to succeed Richard Schmitzer as President of the E&S segment effective May 5, 2025. Mr. Schmitzer announced that he will step down as Chief Executive Officer of the E&S segment effective July 31, 2025, a position he has held since 2010, and retire during the fourth quarter of 2025 after more than 45 years in the insurance industry. "Richard Schmitzer has chosen to retire after a long and highly succe

Gregory and Scott Fortunoff, who together with their affiliates, hold a substantial equity interest in James River Group Holdings, Ltd. (NASDAQ:JRVR) (the "Company"), sent the following letter to the Company's Board of Directors (the "Board") regarding the Board's recent decision to significantly increase the cash incentive awards for Company management for the 2024 performance period despite the Company's ongoing underperformance. NEW YORK, March 14, 2025 /PRNewswire/ -- March 10, 2025 The Board of DirectorsJames River Group Holdings, Ltd.Clarendon HouseWellesley House, 2nd Floor90 Pitts Bay RoadPembroke HM08, Bermuda Members of the Board,             We are writing to you as a group of sh

PEMBROKE, Bermuda, July 09, 2024 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. ("James River" or the "Company") (NASDAQ:JRVR) today announced that two of its principal operating subsidiaries entered into a combined loss portfolio transfer and adverse development cover reinsurance agreement with State National Insurance Company, Inc. ("State National"). Under the terms of the agreement, State National will provide $160.0 million of adverse development reinsurance coverage for James River's Excess and Surplus Lines segment casualty portfolio for accident years 2010-2023 (both years inclusive), subject to a 15% co-participation by the Company. The reinsurance structure has no coverage

PEMBROKE, Bermuda, April 08, 2024 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. ("James River" or the "Company") (NASDAQ:JRVR) announced that the Supreme Court, New York County, Commercial Division (the "Court") granted the Company's request for a preliminary injunction against Fleming Intermediate Holdings ("Fleming"), a portfolio company of private equity sponsor Altamont Capital Partners, ordering Fleming to complete its acquisition of JRG Reinsurance Company Ltd. ("JRG Re") on or prior to April 16, 2024. Frank D'Orazio, the Company's Chief Executive Officer, commented, "We are pleased that the Court has granted James River's request for a preliminary injunction, compelling Flem

PEMBROKE, Bermuda, March 11, 2024 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. ("James River" or the "Company") (NASDAQ:JRVR) announced that it has filed a complaint in the Supreme Court, New York County, Commercial Division against Fleming Intermediate Holdings ("Fleming"), a portfolio company of private equity sponsor Altamont Capital Partners. The action seeks specific performance of Fleming's obligation to complete the acquisition of JRG Reinsurance Company Ltd. ("JRG Re") in accordance with the Stock Purchase Agreement (the "SPA") between the parties as of November 8, 2023. James River will seek expedited relief from the Court to require Fleming to close the transaction. Jame

PEMBROKE, Bermuda, Nov. 10, 2023 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. ("James River" or the "Company") (NASDAQ:JRVR) today announced that its board of directors has initiated an exploration of strategic alternatives. As part of this process, the board will consider a wide range of options for the Company including, among other things, a potential sale, merger or other strategic transaction. "Over the past three years, James River's executive leadership team and board of directors have taken decisive actions to focus resources on core businesses where we have meaningful scale, de-risk the organization, reduce volatility and meaningfully strengthen the balance sheet," said O

Accelerates Strategy to Pure Play E&S and Fronting OperationsFull Exit from Reinsurance Business PEMBROKE, Bermuda, Nov. 08, 2023 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. ("James River" or the "Company") (NASDAQ:JRVR) today announced that it has entered into a definitive agreement to sell JRG Reinsurance Company, Ltd. ("JRG Re"), its third-party casualty reinsurance business, to Fleming Intermediate Holdings ("Fleming"). The total estimated transaction value is $277 million, inclusive of a $139 million pre closing dividend and a $138 million cash payment from Fleming at close. Under the terms of the transaction, valued as of September 30, 2023, James River would receive 0.75x

PEMBROKE, Bermuda, Sept. 25, 2023 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. ("James River" or the "Company") (NASDAQ:JRVR) today announced that certain of its subsidiaries have entered into an agreement to sell the renewal rights to their Individual Risk Workers' Compensation ("IRWC") business to Amynta Group ("Amynta"). The transaction includes the full operations of the business, including underwriting, loss control and claims, and transfer of the employees supporting the business. The IRWC business produced $53 million of gross written premiums in 2022. It will operate under Amynta Work Comp Solutions. Frank D'Orazio, the Company's Chief Executive Officer, commented, "We are

NEW YORK, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2022. This quarter, there are constituent changes within two of our indexes: the KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD) and the KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY). There are a number of changes to the two modified-dividend-yield-weighted indexes—KDX and KYX—to adjust annually for relevant dividend yields and

AM Best has commented that the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of a- (Excellent) of the rated operating subsidiaries of James River Group Holdings, Ltd. (JRG Holdings) (NASDAQ:JRVR) remain unchanged following the release of JRG Holdings' fourth quarter results and the announcement of strategic actions. In addition, AM Best has commented that the Long-Term ICR of "bbb-" (Good) of JRG Holdings also remains unchanged. The outlook of these Credit Ratings (ratings) is stable. JRG Holdings is domiciled in Pembroke, Bermuda, while its subsidiaries are based in Pembroke, Richmond, VA, and Raleigh, NC. On Feb. 28, 2022, JRG Holding

NEW YORK, Dec. 10, 2021 (GLOBE NEWSWIRE) --  Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2021. This quarter, there are constituent changes within five of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX), the KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), the KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), the KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY) and

PEMBROKE, Bermuda, Oct. 26, 2021 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. (the "Company") (NASDAQ:JRVR) today announced preliminary financial results in advance of its full quarterly earnings to be released on November 2, 2021. The Company expects to report a Net Loss for the third quarter of 2021 of between $23 million and $26 million, and an Adjusted Net Operating Loss of between $25.5 million and $28.5 million. The Combined Ratio for the quarter is expected to be between 120-125%. The Combined Ratio for the Excess and Surplus Lines ("E&S") segment would have been in the low 80s for the third quarter of 2021, an improvement as compared to the prior year quarter, absent cata

First Quarter 2021 Net Loss of $103.5 million - ($3.37 per diluted share) and Adjusted Net Operating Loss1 of $108.8 million - ($3.54 per diluted share) 35.6% growth in Core (excluding Commercial Auto) Excess and Surplus Lines ("E&S") Gross Written Premium and 14.6% increase in E&S renewal pricing, each versus the prior year quarter. This renewal rate increase is ahead of that of the prior year quarter. Core E&S Gross Written Premium has grown 85.7% since the first quarter of 2019Fronting business within the Specialty Admitted segment grew meaningfully as recently added programs continued to mature and expand. Segment Gross Written Premium grew 23.6% and fee income 21.8%, each versus the pr

PEMBROKE, Bermuda, Feb. 25, 2021 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. ("James River" or the "Company") (NASDAQ: JRVR) today reported fourth quarter 2020 net loss of $20.3 million ($0.66 per diluted share), compared to net income of $20.5 million ($0.67 per diluted share) for the fourth quarter of 2019. Adjusted net operating loss1 for the fourth quarter of 2020 was $29.0 million ($0.95 per diluted share), compared to adjusted net operating income of $23.3 million ($0.76 per diluted share) for the same period in 2019.  Three Months Ended(Loss) Earnings Per Diluted ShareDecember 31, 2020 2019    Net (Loss) Income$(0.66)  $0.67  Adjusted Net Operating (Loss) Income 1$(0.95)