JRVR Announces Closing Of Secondary Offering

June 7, 2017

James River Group Holdings, Ltd. [JRVR] announced the closing of the previously announced underwritten secondary public offering of the Company’s common shares by certain of the Company’s significant shareholders.

The Selling Shareholders sold 4,250,000 common shares for total net proceeds of $167,492,500. The Selling Shareholders received all of the net proceeds from this offering. The Company did not sell any common shares in this transaction.

Morgan Stanley acted as the sole underwriter in the offering.

James River Group Holdings, Ltd. is a Bermuda-based insurance holding company which owns and operates a group of specialty insurance and reinsurance companies. The Company operates in three specialty property-casualty insurance and reinsurance segments: Excess and Surplus Lines, Specialty Admitted Insurance and Casualty Reinsurance.

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