James River CR improves to 94.9% in comfortable earnings beat

James River Group’s combined ratio improved 2.5 points to 94.9 percent in Q1 2023 while the carrier’s net premiums written (NPW) increased 4.2 percent to $183.2mn, and the Bermudian business ended the period with analyst consensus-beating adjusted net operating income per diluted share that went up to $0.56.

 

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