James River to Exit Reinsurance, Agreeing to Sell JRG Re to Fleming Holdings for $277M
Insurance Journal - Nov 08, 2023
James River Group Holdings Ltd. announced it has entered into a definitive agreement to sell JRG Reinsurance Co. Ltd., its casualty reinsurance business, to Fleming Intermediate Holdings. The total estimated transaction value is $277 million, inclusive of a $139 million …...
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