JMP maintains “outperform” on James River stock after $170mn charge
James River’s recent $170mn reserve charge for its run-off Uber book is a sign of a much more conservative stance but without a loss portfolio transfer (LPT) it is hard to know if it is enough, JMP Securities equity analyst Matthew Carletti has commented.
If you are a subscriber, please sign back in to read this article
If you are not currently a subscriber please see contact details below