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Jun 30, 2022
James River Q2 2022 Earnings Report
James River reported a net income of $5.0 million and an adjusted net operating income of $20.0 million for Q2 2022.
Key Takeaways
James River Group Holdings reported second quarter 2022 net income available to common shareholders of $5.0 million, or $0.13 per diluted share, compared to $20.8 million, or $0.60 per diluted share, for the second quarter of 2021. Adjusted net operating income for the second quarter of 2022 was $20.0 million, or $0.52 per diluted share, compared to $18.8 million, or $0.54 per diluted share, for the same period in 2021. The Group combined ratio was 91.0%, with the Excess and Surplus Lines segment producing a combined ratio of 83.8%.
Net income available to common shareholders was $5.0 million ($0.13 per diluted share).
Adjusted net operating income was $20.0 million ($0.52 per diluted share), resulting in an adjusted net operating return on tangible common equity of 19.9%.
The Group combined ratio was 91.0%.
Excess and Surplus Lines segment produced a combined ratio of 83.8%.
Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the document.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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