Short answer
James River Group Holdings, Inc. (JRVR) filed its Q3 2025 10-Q quarterly report on Nov 4, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $173M (down 9.8% year over year) with net income of $1M.
Q3 2025 key financials · XBRL
- Revenue
- $173M
- −9.8% YoY · −1.2% QoQ
- Net income
- $1M
- +102.6% YoY · −78.5% QoQ
- EPS (diluted)
- −$0.02
- +98.3% YoY · −133.3% QoQ
Source: XBRL data from the James River Group Holdings, Inc. (JRVR) Q3 2025 10-Q on SEC EDGAR. USD.
James River Group Holdings, Inc. Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Net earned premiums $148.5M, down 7.1% YoY from $159.7M
- Underwriting profit $8.9M, combined ratio 94.0% vs 135.5% YoY
- Excess and Surplus Lines strongest segment: $16.4M profit, combined ratio 88.3% vs 136.1%
- Specialty Admitted Insurance weakest segment: combined ratio 104.3% vs 91.3%
- Investment income $21.9M, down 7.0%; E&S Top Up ADC ceded $22.5M of losses, leaving $52.5M limit
- Selective underwriting reduced E&S gross premiums 8.9%; Specialty premiums declined 72.6% amid fronting non-renewals and workers’ compensation runoff
Risk Factors
- New risk: Domestication changes shareholder rights from Bermuda to Delaware law, increasing potential for class and derivative litigation
- Regulatory risk: Delaware law eliminates Bermuda’s 20% shareholder annulment right for memorandum amendments
- Financial risk: Domestication may increase the Effective Tax Rate, reducing earnings, cash flow, and dividends
- Tax compliance risk: U.S. holders with shares valued at $50,000 or more may recognize gain on the Domestication
- Tax uncertainty: PFIC treatment could impose ordinary-income tax and interest charges if proposed Section 1291(f) regulations apply
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other James River Group Holdings, Inc. quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.