James River

Abram will not stand for re-election at the company’s 2023 annual meeting, according to the company, and will be succeeded by lead independent director Ollie Sherman.

E&S increases in high single to low-double digits and property rose by 45% in Q1.

Before his retirement in 2021, he had worked for Liberty Mutual for more than two decades, serving roles including president of global risk solutions and CFO.

Sutherland was previously head of the US central zone at Axa XL and spent 13 years as senior vice president, management liability at Allied World.

Despite the suspension of the casualty reinsurance business, CFO Sarah Doran told analysts that she expects the company’s total gross premium to grow in 2023.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

The carrier’s loss ratio for its casualty reinsurance business declined to 74.5% from 380.7% in the prior-year period.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

Howden Tiger Capital Markets again has a mandate to find a buyer for Bermuda-based JRG Reinsurance Company.

James River's board approved the appointment effective January 6, with a term expiring at the 2024 annual shareholder meeting.

Amid record high economic inflation, continuing supply chain issues and proliferating nuclear verdicts, carrier CEOs have emphasized the need to keep rate above loss costs during Q3 conference calls.

James River CEO Frank D’Orazio said the firm’s losses from Hurricane Ian will be contained in the third quarter, as he discussed the carrier’s Q3 earnings in a call with analysts.