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Stock impact report

AM Best Affirms Credit Ratings of James River Group Holdings, Inc. and Its Subsidiaries [Yahoo! Finance]

James River Group Holdings, Inc. (JRVR) 
Last james river group holdings, inc. earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.jrgh.net
Company Research Source: Yahoo! Finance
Credit Ratings (Long-Term ICR) of "a-" (Excellent) of the rated operating subsidiaries of James River Group Holdings, Inc. (Delaware) [NASDAQ: JRVR]. In addition, AM Best has affirmed the Long-Term ICR of "bbb-" (Good) of James River Group Holdings, Inc. The outlook of these Credit Ratings (ratings) is negative. (See below for a detailed listing of the subsidiaries.) The ratings of James River Group Holdings, Inc.'s subsidiaries reflect their balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and marginal enterprise risk management (ERM). The affirmation of the ratings reflects James River Group Holdings, Inc.'s substantial efforts to protect its balance sheet through adverse development cover and loss portfolio transfer reinsurance transactions, while refocusing operations to provide sustainable earnings. The rating affirmations also consider the group's ongoing focus to enhance overall ERM capabi Show less Read more
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