Q4 casualty reserves ‘were not as robust as we thought’: James River CEO
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Q4 casualty reserves ‘were not as robust as we thought’: James River CEO

The company’s board continues evaluating strategic options, including a full sale.

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A review late last year showed that James River’s general casualty reserves for the 2015-2020 soft market years “were not as robust as we thought they should be due to increased frequency of severity”, CEO Frank D'Orazio said.

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