Filing Flows › James River Group Holdings (JRVR) › Guidance & outlook
James River Group Holdings (JRVR) guidance and outlook
James River Group Holdings' 10-Q filed Nov 9, 2026 makes 14 forward-looking statements.
Guidance and outlook
Forward-looking statements, 10-Q filed Nov 9, 2026
- Best Company financial strength rating for our group’s insurance subsidiaries is “A-” (Excellent) with a negative outlook.
- If we remain on negative outlook for an extended
- The Domestication is expected to lower the Company’s effective tax rate, as holding company expenses and interest expense (previously incurred in Bermuda and ineligible for U.S. tax deduction) will receive a U.S. tax deduction in future periods, as well as bring additional operating efficiencies.
- While the deferral of gains can introduce volatility in the Company's operating results in the short-term, over the life of the contract, we would expect no economic impact to the Company as long as the counterparty performs under the contract.
- Management does not intend to sell available-for-sale securities in an unrealized loss position, and it is not “more likely than not” that the Company will be required to sell these securities before a recovery in their value to their amortized cost basis occurs.
- During the second quarter of 2026, the Company performed a quantitative goodwill impairment assessment on the James River Excess & Surplus Lines reporting unit due to the substantial and sustained decline in the Company’s stock price and overall market capitalization from May 4, 2026 to June 30, 2026 and due to market conditions for excess and surplus lines impacting the reporting unit’s actual and projected results.
- During the third quarter of 2026, the Company again performed a quantitative goodwill impairment assessment on the James River Excess & Surplus Lines reporting unit due to the continuation of the sustained decline in the Company’s stock price and due to market conditions for excess and surplus lines impacting the reporting unit’s actual and projected results.
- The Company does not intend to sell available-for-sale debt securities in an unrealized loss position, and it is not “more likely than not” that the Company will be required to sell these securities before a recovery in their fair value to their amortized cost basis occurs.
- A PML is an estimate of the amount we would expect to pay in any one catastrophe event within a given annual probability of occurrence (i.e. a return period or loss exceedance probability).
- The proportional quota share treaty along with facultative reinsurance helps ensure that our net retained limit per risk will be $5.0 million or less.
- Best Company financial strength rating for our group’s regulated insurance subsidiaries is “A-” (Excellent) with a negative outlook.
- If we remain on negative outlook for an extended period of time or experience a material development in our business or operating results, A.M.
James River Group Holdings' latest quarter
James River Group Holdings, Q3 2026: revenue $148M (-14% year over year), operating margin -127.8%, net loss $187M, operating cash flow −$39.0M. The chart follows the revenue to costs, profit and cash.
Questions
What does James River Group Holdings expect?
Best Company financial strength rating for our group’s insurance subsidiaries is “A-” (Excellent) with a negative outlook. If we remain on negative outlook for an extended The Domestication is expected to lower the Company’s effective tax rate, as holding company expenses and interest expense (previously incurred in Bermuda and ineligible for U.S. tax deduction) will receive a U.S. tax deduction in future periods, as well as bring additional operating efficiencies.
Updated Nov 9, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.