James River expects Q3 net loss of up to $26mn and 120%-125% CR
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James River expects Q3 net loss of up to $26mn and 120%-125% CR

Samuel Casey
October 26, 2021
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Bermudian insurer James River expects to report a net loss of between $23mn and $26mn in Q3 and a combined ratio of 120%-125% for the quarter, according to a preliminary results update published today.

The result is inclusive of pre-tax net losses of $5mn relating to Hurricane Ida, additional reinstatement premiums of $8.1mn

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Samuel Casey
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