"James River In Talks To Sell Fronting Arm Falls Lake To Concert; Negotiations Come After Insurance Insider U.S. Revealed That The Bermudian Was Running An Auction" - Insurance Insider
Portfolio Pulse from Benzinga Newsdesk
James River Group Holdings, Ltd. is in negotiations to sell its fronting arm, Falls Lake, to Concert. This follows an auction process revealed by Insurance Insider U.S.
August 29, 2024 | 3:41 pm
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James River Group Holdings is in talks to sell its fronting arm, Falls Lake, to Concert. This potential sale follows an auction process, indicating strategic restructuring.
The potential sale of Falls Lake by James River Group Holdings suggests a strategic move to streamline operations or focus on core areas. Such a sale could positively impact JRVR's stock by improving financials or operational focus.
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