Casey Alexander

Mark Hughes

Brian Meredith

Meyer Shields

Matthew Carletti

- James River Group Holdings, Ltd. reported an adjusted net operating income of **$17.4 million**, or **$0.32 per diluted share**, for the third quarter of 2025, a significant improvement from a loss of ($28.2 million), or ($0.74) per diluted share, in the prior year quarter.  **[1620459_0001620459-25-000128_a3q25jrvrpressrelease.htm:0]** 
- The company's consolidated combined ratio improved to **94.0%** in Q3 2025, down from 135.5% in the prior year quarter, with the Excess and Surplus (E&S) segment achieving a combined ratio of **88.3%**.  **[1620459_0001620459-25-000128_a3q25jrvrpressrelease.htm:0]** 
- Tangible common equity per share increased by **23.4%** since December 31, 2024, reaching **$8.24** as of September 30, 2025.  **[1620459_0001620459-25-000128_a3q25jrvrpressrelease.htm:0]** **[1620459_0001620459-25-000128_a3q25jrvrpressrelease.htm:7]** 
- Gross written premium for the third quarter of 2025 was **$237.3 million**, a decrease from $330.4 million in the same period last year.  **[1620459_0001620459-25-000128_a3q25jrvrpressrelease.htm:2]**

James River Group Holdings (JRVR)