James River
-
Lisa Binnie will succeed him as president of the company’s specialty admitted segment effective September 1. -
James River said the court was right to dismiss the fraud case.
-
The company said the judge overlooked key issues in dismissing its fraud case.
-
The carrier’s US redomicile is expected for later this year and brings a one-time $10mn-$13mn benefit.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
He will serve as an independent non-executive member.
-
The judge ruled the deal relied too heavily on Bermuda law for US law to apply.
-
The company has reduced its exposure on large commercial auto and property.
-
Richard Schmitzer will retire as E&S president and CEO, and Todd Sutherland will succeed him.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
Shareholders say the stock has declined around 59% in the past year while book value has dropped ~30%.
-
On Monday, the firm reported a Q4 CoR of 155.1%, versus 98.1% a year ago.
