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Stock impact report

Strength Seen in James River Group (JRVR): Can Its 17.5% Jump Turn into More Strength? [Yahoo! Finance]

James River Group Holdings, Ltd. - Common Shares (JRVR) 
Last james river group holdings, ltd. - common shares earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.jrgh.net
Company Research Source: Yahoo! Finance
This compares to the stock's 36.3% loss over the past four weeks. Global Indemnity recently made an offer to acquire James River in an all-stock deal valued at $15 a share, implying a total valuation of JRVR at around $550 million. James River Group continues to witness strong investment income and profitable underwriting results from continuing operations, particularly from the Excess and Surplus Lines segment. James River has successfully increased rates in the Excess and Surplus Lines segment. Pricing on the E&S renewal book has increased for 28 consecutive quarters. In 2023, the company undertook several strategic actions to focus its business around the higher-returning U.S. insurance businesses. This insurance holding company is expected to post quarterly earnings of $0.39 per share in its upcoming report, which represents a year-over-year change of -30.4%. Revenues are expected to be $183.9 million, down 21.9% from the year-ago quarter. Earnings and revenue growth e Show less Read more
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