James River doubles Q2 underwriting gain as reserves turn favorable
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James River doubles Q2 underwriting gain as reserves turn favorable

Jairo Ibarra, 
James Thaler
August 04, 2021
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James River group logo Bermuda.jpg

Higher earned premiums and better prior-year loss experience helped James River double underwriting profits in the second quarter to almost $18mn.

The Bermuda-based carrier reported operating earnings of $0.54/share on Wednesday evening, ahead of the $0.52/share analyst estimate, but lower than the $0.56/share

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Jairo Ibarra
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