James River expects Q3 net loss of up to $26mn and 120%-125% CR
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

James River expects Q3 net loss of up to $26mn and 120%-125% CR

Samuel Casey
October 26, 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
James River group logo Bermuda.jpg

Bermudian insurer James River expects to report a net loss of between $23mn and $26mn in Q3 and a combined ratio of 120%-125% for the quarter, according to a preliminary results update published today.

The result is inclusive of pre-tax net losses of $5mn relating to Hurricane Ida, additional reinstatement premiums of $8.1mn

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsResultsJames RiverBermudaEarnings
sam casey/sam casey ii us.png
Samuel Casey
Senior Reporter
Contact
Gift this article