James River sells casualty re business to Fleming for $277mn as Q3 CoR ticks up 2.1 points
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

James River sells casualty re business to Fleming for $277mn as Q3 CoR ticks up 2.1 points

Jairo Ibarra
November 08, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
James River group logo Bermuda.jpg

James River has agreed to sell its third-party casualty reinsurance business to Altamont-backed Fleming Intermediate Holdings for $277mn.

The deal comes nine months after Inside P&C revealed that the firm retained Howden Tiger Capital Markets to find a buyer for the reinsurance unit as it seeks to hone its focus on its core E&S insurance business.

The

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

NewsJames RiverResultsM&AEarnings
jairo ibarra/jairo ibarra ii us.png
Jairo Ibarra
Senior Reporter
Contact
Gift this article