James River Group: Q4 Earnings Snapshot
By AP News
Published - Feb 27, 2023, 05:09 PM ET
Last Updated - Jun 22, 2023, 07:16 PM EDT
PEMBROKE, Bermuda (AP) — PEMBROKE, Bermuda (AP) — James River Group Holdings Ltd. (JRVR) on Monday reported fourth-quarter net income of $17.7 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Pembroke, Bermuda-based company said it had profit of 40 cents. Earnings, adjusted for non-recurring costs, came to 53 cents per share.
The insurance holding company posted revenue of $225.7 million in the period.
For the year, the company reported net income of $31 million, or 59 cents per share, swinging to a profit in the period. Revenue was reported as $813.7 million.
