James River to exit reinsurance with sale of JRG Re to Fleming
Reinsurance News - Nov 08, 2023
James River Group Holdings, Ltd. has announced it is to sell JRG Reinsurance Company (JRG Re), its third-party casualty reinsurance business, to Fleming Intermediate Holdings, for an estimated $277 million. The transaction value is inclusive of a $139 million pre closing dividend and a $138 million...
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