Q4 casualty reserves ‘were not as robust as we thought’: James River CEO
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Q4 casualty reserves ‘were not as robust as we thought’: James River CEO

The company’s board continues evaluating strategic options, including a full sale.

By Jairo Ibarra
February 29, 2024
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James River_Frank D’Orazio_Richmond_2022_v3.png

A review late last year showed that James River’s general casualty reserves for the 2015-2020 soft market years “were not as robust as we thought they should be due to increased frequency of severity”, CEO Frank D'Orazio said.

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