James River’s Q4 combined ratio rose 9.7 points to 98.1% as the insurer booked a $25mn unfavorable reserve development related to its primary general liability operations for AY 2015 through 2020 in its E&S book.
The
James River $25mn Q4 GL charge ups CoR 9.7 points to 98%
The carrier’s sales process is ongoing, and it will provide an update “in due course”.