← James River Group Holdings, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $586.2m $817.6m $885.6m $907.1m $668.7m $772.9m $813.7m $812.0m $707.6m $687.6m
Revenues:
Operating Expenses $506.9m $762.5m $814.8m $855.3m $656.8m — — — — —
Additional Financial Items
Other Income $10.4m $17.4m $14.4m $10.6m $4.5m $4.9m $4.7m $9.5m $10.7m $6.1m
Realized Investment Gains (Losses) $7.6m ($2.0m) ($5.5m) — — — — — — —
Amortization of Intangible Assets $597k $597k $597k $597k $538k $363k $363k $363k $363k $363k
Equity Securities, FV-NI, Realized Gain (Loss) — — ($6.0m) — — — — — — —
Goodwill, Impairment Loss — $0 $0 $0 $0 $0 $0 $0 $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic $18.3m $50.1m $37.5m $70.7m $25.1m ($89.3m) $85.9m $119.9m ($40.0m) $64.8m
Income (Loss) from Continuing Operations, Per Basic Share $79.3m $55.1m $70.8m $51.9m $11.9m ($196.0m) $49.4m $1 ($3) $1
Income (Loss) from Continuing Operations, Per Diluted Share $79.3m $55.1m $70.8m $51.9m $11.9m ($196.0m) $49.4m $1 ($3) $1
Income (Loss) from Equity Method Investments $8.7m $13.2m $3.5m $4.6m $3.2m $918k $2.5m $4.9m $4.1m $1.7m
Operating Lease, Lease Income — — $623k $0 $0 — — — — —
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $79.3m $55.1m $70.8m $51.9m $11.9m ($196.0m) $49.4m $86.9m ($71.1m) $50.5m
Policyholder Benefits and Claims Incurred, Net $325.4m $555.4m $600.3m $672.1m $478.5m $792.4m $544.8m $500.2m $554.4m $427.2m
Premiums Earned, Net $515.7m $741.1m $815.4m $823.7m $606.8m $695.6m $766.2m $708.0m $600.2m $600.3m
Net Investment Income $52.6m $61.1m $61.3m $75.7m $73.4m $56.9m $71.1m $84.0m $93.1m $83.4m
Gain (Loss) on Investments — — ($5.5m) ($2.9m) ($16.0m) $15.6m ($28.3m) $10.4m $3.6m ($2.2m)
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax — — — — — — — ($88.5m) ($13.6m) $0
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $79.3m $55.1m $70.8m $51.9m $11.9m — $49.4m $61.2m ($63.5m) $49.8m
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $79.3m $55.1m $70.8m $51.9m $11.9m $196.0m $49.4m ($168.9m) ($17.6m) ($2.4m)
Investment Income, Net $9.5m $14.1m $5.2m $6.3m $9.2m $2.2m $3.4m $5.0m $4.9m $3.2m
Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic $74.5m $43.6m $63.8m $38.3m $4.8m ($172.8m) $22.2m $50.7m ($100.6m) $41.9m
Net Income (Loss) Attributable to Parent $74.5m $43.6m $63.8m $38.3m $4.8m ($172.8m) $31.0m ($107.7m) ($81.1m) $47.4m
Net Income (Loss) Available to Common Stockholders, Basic $74.5m $43.6m $63.8m $38.3m $4.8m ($172.8m) $22.2m ($118.2m) ($118.3m) $39.6m
Earnings Per Share, Basic $2.56 $1.48 $2.14 $1.27 $0.16 ($4.94) $0.59 ($3.14) ($3.06) $0.86
Earnings Per Share, Diluted $2.49 $1.44 $2.11 $1.25 $0.16 ($4.94) $0.59 ($3.13) ($3.06) $0.79
Common Stock, Dividends, Per Share, Declared $2.25 $1.70 $1.20 $1.20 $1.20 $1.20 $0.20 $0.20 $0.16 $0.04
Weighted Average Number of Shares Outstanding, Basic 29.1m 29.5m 29.9m 30.3m 30.6m 35.0m 37.4m 37.6m 38.7m 46.0m
Weighted Average Number of Shares Outstanding, Diluted 29.9m 30.3m 30.3m 30.7m 30.9m 35.0m 37.7m 37.8m 38.7m 60.0m
Expenses
Deferred Policy Acquisition Costs, Amortization Expense $101.6m $116.0m $111.1m $83.9m $75.6m $69.7m $88.6m $72.6m $66.0m $65.4m
Interest Expense $8.4m $9.0m $11.6m $10.6m $10.0m $8.9m $17.6m $24.6m $24.7m $23.5m
Other Cost and Expense, Operating $170.8m $197.0m $201.0m $170.9m $165.5m $164.7m $195.6m $193.7m $193.2m $184.0m
Current Income Tax Expense (Benefit) ($221k) $11.9m $12.9m $18.5m $11.5m ($2.8m) $13.8m $31.7m $3.6m $13.8m
Labor and Related Expense — — — — — — — — $100.1m $94.0m
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims $325.4m $555.4m $600.3m $672.1m $478.5m $792.4m $544.8m $500.2m $554.4m $427.2m
Operating Lease, Expense — — — $5.2m $5.0m $5.1m $5.0m $4.6m $4.1m $3.4m
Other Expenses $1.6m $539k $1.3m $1.1m $2.1m $2.6m $6.0m $3.8m $6.1m $2.0m
Income Tax Expense (Benefit) $4.9m $11.6m $7.0m $13.5m $7.1m ($23.2m) $18.4m $25.7m ($7.6m) $723k
Benefits, Losses and Expenses — — — — — $968.9m $764.3m $725.1m $778.7m $637.1m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.