Profits up 9% at James River
James River Group reported a 9 percent increase in profits to
$12.8mn for the first three months of the year - up from $11.7mn
for the same period in 2015.
The carrier saw top line growth of 1.4 percent to $133mn in the
first quarter.
The combined ratio improved by 1.6 percentage points to 95.9
percent in Q1 2016.
It saw growth in its excess and surplus lines and its specialty
admitted insurance business however the group's casualty
reinsurance book...
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