SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
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Emerging Growth Company
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|Item 2.02||Results of Operations and Financial Condition.|
On October 28, 2020, James River Group Holdings, Ltd. (the “Company”) issued a press release announcing its financial results for the quarter ended September 30, 2020. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K (this “Form 8-K”).
The information in this Item 2.02 and in Exhibit 99.1 furnished herewith shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act unless specifically stated by the Company.
|Item 7.01||Regulation FD Disclosure.|
On October 28, 2020, the Company announced the retirement of its Chief Executive Officer, J. Adam Abram, and the appointment of Frank D’Orazio as Chief Executive Officer, effective as of November 2, 2020. Mr. Abram’s retirement will be effective November 1, 2020, but he will continue to serve on the Company’s board of directors (the “Board”) as non-executive chairman. In addition, the Company announced that Mr. D’Orazio has been named to the Board, and Robert P. Myron has elected to step down from the Board effective November 2, 2020 in order to reduce the number of inside directors on the Board. Mr. Myron will remain with the Company in his current role as President and Chief Operating Officer. A copy of the press release announcing these management changes is furnished as Exhibit 99.2 to this Form 8-K. Mr. Abram will discuss Mr. D’Orazio’s appointment and Mr. Abram’s retirement on the Company’s earnings call to be held at 8:00 A.M. Eastern Time on October 29, 2020. Dial-in instructions for the call are included in Exhibit 99.2.
|Item 8.01||Other Events.|
On October 28, 2020, the Company announced that its Board of Directors declared a cash dividend of $0.30 per common share of the Company to be paid on December 31, 2020 to shareholders of record on December 14, 2020.
|Item 9.01||Financial Statements and Exhibits.|
The following Exhibit is furnished as a part of this Form 8-K:
|99.1||Press Release of the Company dated October 28, 2020|
|99.2||Press Release of the Company dated October 28, 2020|
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|JAMES RIVER GROUP HOLDINGS, LTD.|
|Dated: October 28, 2020||By:||/s/ Sarah C. Doran|
|Sarah C. Doran|
|Chief Financial Officer|