James River sells casualty re business to Fleming for $277mn as Q3 CoR ticks up 2.1 points
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James River sells casualty re business to Fleming for $277mn as Q3 CoR ticks up 2.1 points

Jairo Ibarra
November 08, 2023
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James River has agreed to sell its third-party casualty reinsurance business to Altamont-backed Fleming Intermediate Holdings for $277mn.

The deal comes nine months after Inside P&C revealed that the firm retained Howden Tiger Capital Markets to find a buyer for the reinsurance unit as it seeks to hone its focus on its core E&S insurance business.

The

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Jairo Ibarra
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