In Q1 2024, James River Group Holdings reported net income of $20.88M, exceeding estimates, with a 22.8% YoY increase in investment income and a $0.
James River Group Holdings (JRVR) reported Q1 2024 earnings with net income from continuing operations of $20.88M, exceeding the estimated $19.09M. EPS was $0.35, below the estimated $0.46. Gross written premium totaled $330.81M. Investment income rose by 22.8% year-over-year. The company declared a quarterly cash dividend of $0.05 per common share, focusing future operations on more profitable segments.
May 10, 2024
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