Questionable Loss Reserves: Are Legacy Reinsurance Deals the Answer?
Twenty years ago, an insurance carrier's use of reinsurance products like loss portfolio transfers and adverse development covers waved a red flag, signaling potential ...
James River News
Deal Troubles: James River Lawsuit Says Fleming Failed to Close on JRG Re (Updated)
James River Group Holdings Ltd. announced it has filed a lawsuit against Fleming Intermediate Holdings for its failure to complete the $277 million acquisition of its casualty reinsurance subsidiary, ...
James River Reserve Charge, ‘Strategic Actions’ Won’t Damage AM Best Rating
AM Best announced on Tuesday that the rating agency won't change the A- (Excellent) financial strength ratings for the operating subsidiaries of James River Group Holdings, Ltd., a day after the ...
James River Unloads Rideshare Reserves To Uber Captive
Late last week, James River Group Holdings, Ltd. announced that two of its principal operating subsidiaries entered into a loss portfolio transfer reinsurance transaction with a wholly owned captive ...
James River Insurance Seeking $685M in IPO
James River Group Holdings Ltd., the insurer backed by D.E. Shaw & Co. and Goldman Sachs Group Inc., is seeking a valuation of as much as $685 million in an initial public offering. Investors are ...
James River IPO Could Raise Up to $288 Million
James River Group Holdings Ltd, a Bermuda-based insurance holding company, filed for an initial public offering of common shares that would raise up to $288 million. Hedge fund D.E. Shaw & Co ...