James River Q2 FY26 net income from continuing operations rises 29.3% to $6.62 million; gross written premiums drop 28.9% to $268.9 million

Reuters2026/08/10 20:38

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James River Group posted GAAP net income from continuing operations of USD 6.62 million, up 29.3% year over year; net income was USD 6.4 million, up 34.5%.
Underwriting swung to a GAAP loss of USD 327,000 from profit a year earlier; combined ratio worsened 1.6 percentage points to 100.2%.
Net earned premiums fell 8.9% to USD 139.02 million, driven by non-renewals in Specialty Admitted; gross written premiums dropped 28.9% to USD 268.9 million.
Specialty Admitted gross written premiums slid 75.9% to USD 18.73 million; segment underwriting loss widened to USD 2.81 million from a year earlier.
For the first half, GAAP net income from continuing operations turned to a loss of USD 2.15 million; underwriting loss widened to USD 6.55 million, while net investment income rose 2.7% to USD 41.6 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. James River Group Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001620459-26-000045), on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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James River Q2 FY26 net income from continuing operations rises 29.3% to $6.62 million; gross written premiums drop 28.9% to $268.9 million

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