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James River (JRVR) Company Profile

Updated Sep 9, 2019
James River has the following business profile:
Company's Full Name:James River Group Holdings, Ltd.
Short Name:James River
Trading Ticker Symbol:JRVR
Primary Exchange:NASDAQ
Headquarter City/Country:Bermuda
Primary Industry Sector:Finance
Seconday Sub-sector:Property-Casualty Insurers
Main Business Areas: Finance, Property-Casualty Insurers, Financial Services, Property & Casualty Insurance
Dividend Payments:Dividend History

Market and Trading Information for James River

The following details were available for trading and market data about the stock of James River as of writing:
Current Share Price:$50.88
Previous Year's Closing Price:$36.54
Percentage Price Change (YTD):39.24%
Market Cap:$1.52 billion
52-week Price Range:$34.08 - $51.15
Dividend Per Share:$1.2
EPS (TTM):2.44
Price-Earnings (Trailing):20.84
Price-Earnings (Forward):17.61

Company Profile and Business Description for James River

James River Group Holdings, Ltd. (JRG Holdings), incorporated on May 30, 2007, is an insurance and reinsurance holding company. The Company operates through four segments: Excess and Surplus Lines, Specialty Admitted Insurance, Casualty Reinsurance, and Corporate and Other. The Company owns six insurance companies focused on specialty insurance niches and a reinsurance company. It includes James River Group Holdings UK Limited (James River UK), which is an insurance holding company; James River Group, Inc.(James River Group), which is an insurance holding that owns all of the Company's the United States-based subsidiaries, either directly or indirectly through one of its the United States subsidiaries; James River Insurance Company (James River Insurance), which is excess and surplus (E&S) lines insurance company; Falls Lake National Insurance Company (Falls Lake National), which is an insurance company; Stonewood Insurance Company (Stonewood Insurance), which is a workers' compensation insurance company that writes insurance for the residential construction and light manufacturing industries, and JRG Reinsurance Company, Ltd. (JRG Re), which is a reinsurer that provides non-catastrophe casualty reinsurance to the United States third parties and to the Company's the United States-based insurance subsidiaries.

Excess and Surplus Lines

The Excess and Surplus Lines segment offers E&S commercial lines liability and property insurance in every state in the United States and the District of Columbia through James River Insurance and its subsidiary, James River Casualty Company (James River Casualty). James River Insurance and James River Casualty are both non-admitted carriers. The Excess and Surplus Lines segment distributes primarily through wholesale insurance brokers. The Excess and Surplus Lines segment distributes its policies through a network of appointed independent wholesale brokers throughout the United States.

Specialty Admitted Insurance

The Specialty Admitted Insurance segment focuses on various classes within the insurance markets, such as workers' compensation coverage for residential contractors, light manufacturing operations, transportation workers and healthcare workers in North Carolina, Virginia, South Carolina and Tennessee, as well as fronting and program business. Through Falls Lake National Insurance Company and its subsidiaries, this segment had admitted licenses in 48 states and the District of Columbia and distributes through a range of sources, including independent retail agents, program administrators and managing general agents (MGA), as of December 31, 2016.

Casualty Reinsurance

The Casualty Reinsurance segment consists of the operations of JRG Re, its reinsurance subsidiary, which provides proportional and working layer casualty reinsurance to third parties and to the United-based insurance subsidiaries. The Company structures its reinsurance contracts (also known as treaties) as quota share arrangements, with loss mitigating features, such as commissions that adjust based on underwriting results. The Casualty Reinsurance segment distributes through traditional reinsurance brokers.

Corporate and Other

The Corporate and Other segment consists of certain management and treasury activities of James River Group, James River Group Holdings UK Limited and JRG Holdings. It also includes interest expense associated with senior debt and Junior Subordinated Debt, and investment income from investments classified as trading or other invested assets.

The Company competes with Nationwide Mutual Group, Markel Corporation, Burlington Insurance Group, Inc., AXIS Capital Holdings Limited, Arch Capital Group Ltd., W. R. Berkley Corporation, American International Group, Inc., RLI Corp., Argo Group International Holdings, Ltd., Tokio Marine HCC, Kinsale Capital Group, Builders Mutual Insurance Company, Accident Fund Insurance Company of America, AMERISAFE, Inc., Amtrust Group, State National Companies, Inc., Clear Blue Insurance Group, QBE Insurance Group, Hamilton Re, Ltd., PartnerRe Ltd., Tokio Milennium Re AG, MS Amlin, XL Catlin and Third Point Reinsurance Ltd.

90 Pitts Bay Road

Peer / Competitor Companies of Property-Casualty Insurers Sector

Along with James River Group Holdings, Ltd., the following other peer (competitor) companies also exist within the same Property-Casualty Insurers - Finance sector whose company profile and dividend history is as follows:

▶ 1347 Property Insurance (PIH): 1347 Property Insurance Holdings, Inc., incorporated on October 2, 2012, is a holding company. The Company, through its subsidiaries, is engaged providing property and casualty insurance. The Company offers homeowners ....See Detailed Company Profile  and Dividend History.

▶ Alleghany (Y): Alleghany Corporation, incorporated on November 16, 1984, is an insurance holding company. The Company, through its subsidiary Alleghany Insurance Holdings LLC (AIHL) and its subsidiaries, is engaged in the property ....See Detailed Company Profile  and Dividend History.

▶ Allied World Assurance AG (AWH): Allied World Assurance Company Holdings, AG, incorporated on May 12, 2010, is a holding company. The Company provides property, casualty and specialty insurance and reinsurance solutions to clients around the ....See Detailed Company Profile  and Dividend History.

▶ Allstate (ALL): The Allstate Corporation (Allstate), incorporated on November 5, 1992, is a holding company for Allstate Insurance Company. The Companys business is conducted principally through Allstate Insurance Company, Allstate Life Insurance ....See Detailed Company Profile  and Dividend History.

▶ Ambac Financial (AMBC): Ambac Financial Group, Inc. (Ambac), incorporated on April 29, 1991, is a financial services holding company. The Company operates through two segments: Financial Guarantee and Financial Services. The Financial Guarantee ....See Detailed Company Profile  and Dividend History.

▶ Ambac Financial (AMBCW): ....See Detailed Company Profile  and Dividend History.

▶ American Financial (AFA): American Financial Group, Inc. (AFG), incorporated on July 1, 1997, is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, focuses ....See Detailed Company Profile  and Dividend History.

▶ American Financial (AFG): American Financial Group, Inc. (AFG), incorporated on July 1, 1997, is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, focuses ....See Detailed Company Profile  and Dividend History.

▶ American Financial (AFGE): American Financial Group, Inc. (AFG), incorporated on July 1, 1997, is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, focuses ....See Detailed Company Profile  and Dividend History.

▶ American Financial (AFGH): American Financial Group, Inc. (AFG), incorporated on July 1, 1997, is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, focuses ....See Detailed Company Profile  and Dividend History.

▶ American Financial (AFW): American Financial Group, Inc. (AFG), incorporated on July 1, 1997, is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, focuses ....See Detailed Company Profile  and Dividend History.

▶ American International (AIG): American International Group, Inc. (AIG), incorporated on June 9, 1967, is a global insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products and other ....See Detailed Company Profile  and Dividend History.

▶ AMERISAFE (AMSF): Amerisafe, Inc., incorporated on October 28, 1985, is an insurance holding company. The Company is engaged in providing workers compensation insurance focused on small to mid-sized employers engaged in hazardous ....See Detailed Company Profile  and Dividend History.

▶ AmTrust Financial (AFSI): Amtrust Financial Services, Inc. (AmTrust), incorporated on November 7, 1990, is an insurance holding company. The Company, through its subsidiaries, provides specialty property and casualty insurance focusing on workers compensation ....See Detailed Company Profile  and Dividend History.

▶ AmTrust Financial (AFSS): Amtrust Financial Services, Inc. (AmTrust), incorporated on November 7, 1990, is an insurance holding company. The Company, through its subsidiaries, provides specialty property and casualty insurance focusing on workers compensation ....See Detailed Company Profile  and Dividend History.

▶ AmTrust Financial (AFST): Amtrust Financial Services, Inc. (AmTrust), incorporated on November 7, 1990, is an insurance holding company. The Company, through its subsidiaries, provides specialty property and casualty insurance focusing on workers compensation ....See Detailed Company Profile  and Dividend History.

▶ Arch Capital (ACGL): Arch Capital Group Ltd. (ACGL), incorporated on September 22, 2000, provides insurance, reinsurance and mortgage insurance through its wholly owned subsidiaries. The Company provides a range of property, casualty and ....See Detailed Company Profile  and Dividend History.

▶ Arch Capital (ACGLP): Arch Capital Group Ltd. (ACGL), incorporated on September 22, 2000, provides insurance, reinsurance and mortgage insurance through its wholly owned subsidiaries. The Company provides a range of property, casualty and ....See Detailed Company Profile  and Dividend History.

▶ Aspen Insurance (AHL): Aspen Insurance Holdings Limited, incorporated on May 23, 2002, is a holding company. The Company underwrites specialty insurance and reinsurance on a global basis. It manages its insurance and reinsurance ....See Detailed Company Profile  and Dividend History.

▶ Assured Guaranty (AGO): Assured Guaranty Ltd., incorporated on August 21, 2003, is a holding company. The Company, through its subsidiaries, provides credit protection products to the United States and international public finance, including ....See Detailed Company Profile  and Dividend History.

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