JAMES RIVER GROUP HOLDINGS INC (JRVR)
Financials · Specialty property and casualty insurance · NASDAQ
Specialty property-casualty insurer focused on underwriting small and middle market risks in the U.S. excess and surplus lines market with a 96.7% casualty insurance concentration.
What JAMES RIVER GROUP HOLDINGS INC does
James River Group Holdings is a specialty property and casualty insurance company focused on underwriting small and middle market casualty risks in the U.S. excess and surplus (E&S) lines market, where approximately 84.5% of its gross written premiums originated in 2025. The company operates through two main segments: Excess and Surplus Lines (selling commercial liability and property insurance through non-admitted carriers) and Specialty Admitted Insurance (writing fronting business and earning fee income). The company completed a domestication from Bermuda to Delaware incorporation in November 2025 and has undergone strategic restructuring including the sale of its reinsurance subsidiary and partnerships to strengthen its balance sheet.
Themes: ["Excess and surplus lines (E&S) insurance","Specialty casualty insurance","Small and middle market risk underwriting","Non-admitted insurance carriers","Commercial liability insurance","Fee-based fronting business","Insurance underwriting and risk management","Reinsurance partnerships"]
Fundamentals
- Price$4.52 as of 2026-07-09 close
- Market cap$212M as of 2026-07-10
- 1-year return-16.8% as of 2026-07-09 close
- P/E7.34 as of 2026-07-10
- Net margin+4.3% as of 2026-07-10
- ROE+4.5% as of 2026-07-10
- Debt / equity0.51 as of 2026-07-10
- Revenue growth (YoY)-1.0% as of 2026-07-10
- Revenue CAGR (3y)+1.3% SEC XBRL
- Beta-0.21 as of 2026-07-10
Dividend: yield +0.9%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Uncertainty in estimating loss and loss adjustment expense reserves, with actual losses potentially exceeding estimates","Reliance on a select group of brokers and agents for significant portion of business, creating concentration risk","Exposure to catastrophic events and natural disasters that could substantially exceed expectations and reinsurance coverage"]
Competitors & peers
- Enstar Group Limited
- Everest Re
- PartnerRe
- Axis Capital
- Aspen Insurance Holdings
- Arch Capital Group
- Atheneum Insurance
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.