10 November 2014 Insurance

James River files IPO

Bermuda-based holding company James River Group Holdings has filed for an initial public offering (IPO) on the New York Stock Exchange.

The company was founded in 2002, and plans to list on the NASDAQ under the symbol JRVR.

James River Group was listed in 2005 but the company was taken private by a private investor group in 2007.

Keefe Bruyette Woods, UBS Investment Bank, FBR Capital Markets and BMO Capital Markets are the joint bookrunners on the deal.

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