AM Best revises outlook for James River Holdings to negative, downgrades JRG Re ratings
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AM Best revises outlook for James River Holdings to negative, downgrades JRG Re ratings

Kyoung-son Song
December 20, 2023
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AM Best has revised the outlook on the A- financial strength ratings (FSR) of James River Group Holdings and its subsidiaries to negative from stable, citing the uncertainty the previously announced strategic review will have on the organization.

It affirmed the FSR ratings of the holding company and its subsidiaries at A-. However, the rating agency downgraded the FSR of JRG Reinsurance Company from A- to B++, following the group’s announcement it would sell the unit to...

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Kyoung-son Song
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