James River Group Holdings, Inc.

James River Group Holdings, Inc. (NASDAQ: JRVR) is a specialty property and casualty insurance company focused on underwriting small and middle market casualty risks within the U.S. excess and surplus lines market. The company operates through two primary insurance segments: Excess and Surplus Lines and Specialty Admitted Insurance, along with a Corporate and Other segment managing holding company activities and treasury functions.

The Excess and Surplus Lines segment, which generated 82.1% of gross written premiums in 2025, writes non-admitted commercial lines liability and property insurance through James River Insurance Company and James River Casualty Company across all U.S. states and the District of Columbia. This segment underwrites through five primary divisions: Excess Casualty, Primary Casualty, Manufacturers and Contractors, Specialty, and Excess Property. The Specialty Admitted Insurance segment, representing 17.9% of gross written premiums, operates through Falls Lake National Insurance Company and its subsidiaries, primarily writing fronting business where the company retains a minority share of risk while earning fee income.

For the year ended December 31, 2025, the company wrote $1.17 billion in gross written premiums, with approximately 84.5% originating from the excess and surplus lines market and 96.7% derived from casualty insurance. The company maintains an A.M. Best financial strength rating of A- (Excellent) with a negative outlook for its regulated U.S. subsidiaries.

James River distributes primarily through a select group of authorized wholesale brokers, with its three largest brokers accounting for approximately 71.6% of the Excess and Surplus Lines segment's gross written premiums. The company employs close to 200 underwriters and over 70 claims personnel dedicated to its excess and surplus lines business, with offices in Richmond, Virginia; Scottsdale, Arizona; and Atlanta, Georgia.

In November 2025, the company completed a domestication, changing its incorporation from Bermuda to Delaware. The company previously divested its casualty reinsurance business through the sale of JRG Reinsurance Company Ltd. in April 2024, allowing it to focus on its U.S. insurance operations. The company's website is www.jamesrivergroup.com.