M&A Deal Summary |
|
|---|---|
| Date | 2023-11-08 |
| Target | JRG Re |
| Sector | Insurance |
| Buyer(s) | Fleming Insurance |
| Sellers(s) | James River Group |
| Deal Type | Divestiture |
SEARCH BY
Try For Free 7-Day Free Trial
Fleming Holdings is a P&C insurance capital solutions business that includes a Bermuda-based class 3A reinsurance company. It has built a track record of providing a full range of reinsurance structures and finality solutions for legacy liabilities, as well as liquidity and risk transfer alternatives to the middle market insurance industry. Fleming Insurance is based in Hamilton, Bermuda.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Insurance) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (Bermuda) | 1 of 1 |
| Year (2023) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 2002 |
| Sector | Insurance |
| Employees | 1,000 |
James River Group, Inc. is an insurance holding company. James River Group’s two operating companies – the Richmond, Virginia-based James River Insurance Company and the Raleigh, North Carolina-based Stonewood Insurance Company – underwrite in two specialty areas: excess and surplus lines in 49 states, the District of Columbia and the U.S. Virgin Islands, and workers’ compensation, primarily for the residential construction industry in North Carolina and Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Insurance) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (Bermuda) | 1 of 1 |
| Year (2023) | 1 of 1 |
