James River swings to $52mn Q3 U/W loss on $57mn E&S reserve charge
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James River swings to $52mn Q3 U/W loss on $57mn E&S reserve charge

The firm announced Q3 results alongside strategic actions that included an ADC deal with Enstar.

By Jairo Ibarra
November 11, 2024
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James River’s Q3 combined ratio climbed nearly 42 points to 135.5% as the Bermudian reported a $57mn adverse development within its E&S division for business not subject to retroactive reinsurance accounting for recent legacy deals, up from a $7.8mn...

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