James River Group Holdings, Ltd. (JRVR) Financial Statements (2024 and earlier)

Company Profile

Business Address 90 PITTS BAY ROAD
PEMBROKE, HM 08
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:280,976326,686381,524444,57225,500200,299
Cash and cash equivalents173,164190,123162,260206,912172,457163,495
Short-term investments107,812136,563219,264237,66081,96636,804
Other undisclosed cash, cash equivalents, and short-term investments     (228,923) 
Total current assets:280,976326,686381,524444,57225,500200,299
Noncurrent Assets
Operating lease, right-of-use asset 8,20011,70014,00017,200
Property, plant and equipment 1,3587811,2881,76823,31125,001
Intangible assets, net (including goodwill)217,507217,870218,233218,771219,368220,165
Goodwill181,831181,831181,831181,831181,831181,831
Intangible assets, net (excluding goodwill)35,67636,03936,40236,94037,53738,334
Deferred income tax assets 48,84426,430  
Total noncurrent assets:275,909256,781233,521237,739242,679245,166
Other undisclosed assets4,580,1904,365,0834,448,0274,342,0942,868,5972,311,230
TOTAL ASSETS:5,137,0754,948,5505,063,0725,024,4053,136,7762,756,695
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt   1,105   
Deferred income tax liabilities   1,105 
Total noncurrent liabilities:   1,105   
Other undisclosed liabilities4,438,4114,223,1884,266,3594,245,8242,427,5352,061,996
Total liabilities:4,438,4114,223,1884,267,4644,245,8242,427,5352,061,996
Temporary equity, carrying amount144,898     
Equity
Equity, attributable to parent553,766725,362795,608778,581709,241694,699
Common stock 776666
Additional paid in capital868,858862,040664,476657,875645,310636,149
Accumulated other comprehensive income (loss)(163,044)29,97881,89931,114(15,828)10,346
Retained earnings (accumulated deficit)(152,055)(166,663)49,22789,58679,75348,198
Other undisclosed equity, attributable to parent      
Total equity:553,766725,362795,608778,581709,241694,699
TOTAL LIABILITIES AND EQUITY:5,137,0754,948,5505,063,0725,024,4053,136,7762,756,695

Income Statement (P&L) ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues813,696772,880668,689907,125885,599817,625
Premiums earned, net766,161695,594606,806823,746815,398
Financial services revenue741,109
Cost of revenue(544,814)(792,352)(478,545)(672,102)(600,276)(555,377)
Policyholder benefits and claims incurred, net (544,814)(792,352)(478,545)(672,102)(600,276)
Financial services costs(555,377)
Gross profit:268,882(19,472)190,144235,023285,323262,248
Operating expenses(195,920)(165,055)(656,752)(855,258)(814,761)(762,480)
Other operating expense, net
(Other Expenses)
(5,997)(2,585)    
Operating income (loss):66,965(187,112)(466,608)(620,235)(529,438)(500,232)
Nonoperating income9813531,153   
Other nonoperating income 9813531,153   
Interest and debt expense(17,578)(8,922)(10,033)(10,596)(11,553)(8,974)
Income (loss) from continuing operations before equity method investments, income taxes:50,368(195,681)(475,488)(630,831)(540,991)(509,206)
Other undisclosed income (loss) from continuing operations before income taxes(981)(353)487,425682,698611,829564,351
Income (loss) from continuing operations before income taxes:49,387(196,034)11,93751,86770,83855,145
Income tax expense (benefit)(18,414)23,235(7,113)(13,528)(7,008)(11,579)
Income (loss) from continuing operations:30,973(172,799)4,82438,33963,83043,566
Income (loss) before gain (loss) on sale of properties:(172,799)4,82438,33963,83043,566
Net income (loss) attributable to parent:30,973(172,799)4,82438,33963,83043,566
Preferred stock dividends and other adjustments(8,750)     
Net income (loss) available to common stockholders, diluted:22,223(172,799)4,82438,33963,83043,566

Comprehensive Income ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):30,973(172,799)4,82438,33963,83043,566
Other comprehensive income (loss)27,0417,13550,78546,942(22,203)9,219
Comprehensive income (loss):58,014(165,664)55,60985,28141,62752,785
Other undisclosed comprehensive loss, net of tax, attributable to parent(220,063)(59,056)    
Comprehensive income (loss), net of tax, attributable to parent:(162,049)(224,720)55,60985,28141,62752,785

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: