James River Group Holdings, Inc. · NASDAQ:JRVR
James River — Corporate Update (November 2024)
8 slides from James River's corporate update, Nov 12, 2024
Slide 1: Strategic Actions Frequently Asked Questions
Strategic Actions Frequently Asked Questions November 11, 2024
Slide 2: Forward Looking Statements
Forward Looking Statements 2 This presentation contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. In some cases, such forward- looking statements may be identified by terms such as believe, expect, seek, may, will, should, intend, pro
Slide 3: Frequently Asked Questions: Why is the Company embarking upon these transactions?
Frequently Asked Questions 3 • The current positioning of James River Group Holdings, Ltd. (“James River” or the “Company”) in the E&S sector provides a robust opportunity to generate mid double-digit returns on capital while continuing to add profitable scale during attractive market conditions. •
Slide 4: Strategic partnership with Enstar Group Limited
Frequently Asked Questions 4 • James River is commencing a multi-pronged strategic partnership with Enstar Group Limited ("Enstar"), a leader in P&C industry risk and liability management. As a result, Enstar, through its subsidiary, Cavello Bay Reinsurance Limited, (“Cavello Bay”) has: – Agreed to
Slide 5: What retrocessional reinsurance has the Company purchased?
Frequently Asked Questions 5 What retrocessional reinsurance has the Company purchased? • Subsidiaries of James River have signed an ADC reinsurance agreement for E&S segment casualty reserves inclusive of accident years 2010 – 2023. – This agreement excludes exposure to the Company’s former large c
Slide 6: Benefits, cost and financial impact of the transactions
Frequently Asked Questions 6 • The transactions provide several benefits to the Company, including: 1. Meaningful reserve and balance sheet protection; 2. A higher level of certainty for our stakeholders; and 3. Capital to support the profitable growth of James River’s E&S segment. Why did James Riv
Slide 7: E&S Legacy Reinsurance Agreements
E&S Legacy Reinsurance Agreements 7 Covers All E&S Casualty Reserves as Except Those Related to the Uber/Raiser LPT Selected Terms • As of October 1, 2024 James River has $150M of gross coverage remaining under the tower inclusive of accident years 2010 through 2023. • These transactions bring signi
Slide 8: InvestorRelations@james-river-group.com
InvestorRelations@james-river-group.com
James River Group Holdings — Corporate Update (November 2024) on 6ix