JRVR Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Premiums Earned	600.29	600.2	708.01	629.73	561.37
Investment Income	83.44	93.09	84.05	43.19	31.99
Net Gains on Investments	-2.2	3.63	10.44	-15.72	10.82
Total Other Revenues	6.08	10.72	9.52	4.31	4.86
Revenue	687.61	707.63	812.01	661.51	609.04
Revenue Growth (YoY)	-2.83%	-12.86%	22.75%	8.62%	-8.92%
Insurance Benefits & Claims	427.2	554.37	500.16	440.64	572.17
Other Operating Expenses	186.33	199.71	200.31	153.73	136.07
Operating Income	74.08	-46.45	111.54	67.14	-99.21
Interest Expense	-23.54	-24.67	-24.63	-13.87	-8.92
Total Non-Operating Income (Expense)	-23.54	-24.67	-24.63	-13.87	-8.92
Pretax Income	50.54	-71.12	86.91	53.27	-108.13
Provision for Income Taxes	0.72	-7.63	25.71	18.41	-23.24
Net Income	39.55	-118.27	-118.18	22.22	-172.8
Net Income Attributable to Preferred Dividends	7.88	37.15	10.5	8.75	-
Earnings From Discontinued Operations	-2.39	-17.63	-168.89	-3.89	-87.9
Net Income to Common	39.55	-118.27	-118.18	22.22	-172.8
Shares Outstanding (Basic)	46	39	38	37	35
Shares Outstanding (Diluted)	60	39	38	38	35
Shares Change (YoY)	55.13%	2.31%	0.42%	7.71%	13.19%
EPS (Basic)	0.86	-3.06	-3.14	0.59	-4.94
EPS (Diluted)	0.79	-3.06	-3.13	0.59	-4.94
Shares Outstanding	45.97	45.64	37.64	37.47	37.37
Free Cash Flow	-23.59	-251.98	81.52	214.52	-919.85
Free Cash Flow Growth	-	-	-62.00%	-	-
Free Cash Flow Per Share	-0.39	-6.51	2.16	5.70	-26.31
Dividends Per Share	0.040	0.160	0.200	0.200	1.200
Dividend Growth	-75.00%	-20.00%	-	-83.33%	-
Operating Margin	10.77%	-6.56%	13.74%	10.15%	-16.29%
Profit Margin	7.25%	-8.97%	7.54%	5.27%	-13.94%
FCF Margin	-3.43%	-35.61%	10.04%	32.43%	-151.03%
EBITDA	73.36	-47.16	111.07	68.19	-94.49
EBITDA Margin	10.67%	-6.66%	13.68%	10.31%	-15.52%
EBIT	74.08	-46.45	111.54	67.14	-99.21
EBIT Margin	10.77%	-6.56%	13.74%	10.15%	-16.29%
Effective Tax Rate	1.43%	10.73%	29.58%	34.57%	21.49%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q