Richard Schmitzer - James River CEO

JRVR Stock  USD 4.48  0.03  0.67%   

CEO

Mr. Richard Schmitzer is President and Chief Executive Officer of Excess and Surplus Lines segment of James River Group Holdings, Ltd. He has served as the President and Chief Executive Officer and a director of James River Insurance Company and our other subsidiaries in our Excess and Surplus Lines segment since March 2010. He joined James River Insurance in July 2009 as Senior Vice President and Chief Underwriting Officer. Prior to that, Mr. Schmitzer served nineteen years at Scottsdale Insurance Company, a subsidiary of Nationwide Mutual, where he served in a variety of underwriting and underwriting management roles, most recently as Vice President of Brokerage, Professional Liability and Programs since 2010.
Age 68
Tenure 14 years
Address Wellesley House, Pembroke, Bermuda, HM 08
Phone441 278 4580
Webhttps://www.jrvrgroup.com
Schmitzer received his B.S. in business administration from Central Michigan University.

Richard Schmitzer Latest Insider Activity

Tracking and analyzing the buying and selling activities of Richard Schmitzer against James River stock is an integral part of due diligence when investing in James River. Richard Schmitzer insider activity provides valuable insight into whether James River is net buyers or sellers over its current business cycle. Note, James River insiders must abide by specific rules, including filing SEC forms every time they buy or sell James River'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

James River Management Efficiency

As of 11/22/2024, Return On Capital Employed is likely to grow to 0.02, though Return On Tangible Assets are likely to grow to (0.03). At this time, James River's Net Tangible Assets are relatively stable compared to the past year. As of 11/22/2024, Intangibles To Total Assets is likely to grow to 0.09, though Other Assets are likely to grow to (1.7 B). James River's management efficiency ratios could be used to measure how well James River manages its routine affairs as well as how well it operates its assets and liabilities.
James River Group currently holds 326.36 M in liabilities with Debt to Equity (D/E) ratio of 0.44, which is about average as compared to similar companies. James River Group has a current ratio of 2.24, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about James River's use of debt, we should always consider it together with its cash and equity.

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James River Group Holdings, Ltd., through its subsidiaries, provides specialty insurance and reinsurance services in the United States. James River Group Holdings, Ltd. was founded in 2002 and is headquartered in Pembroke, Bermuda. James River is traded on NASDAQ Exchange in the United States. James River Group (JRVR) is traded on NASDAQ Exchange in USA. It is located in Wellesley House, Pembroke, Bermuda, HM 08 and employs 649 people. James River is listed under Property & Casualty Insurance category by Fama And French industry classification.

Management Performance

James River Group Leadership Team

Elected by the shareholders, the James River's board of directors comprises two types of representatives: James River inside directors who are chosen from within the company, and outside directors, selected externally and held independent of James. The board's role is to monitor James River's management team and ensure that shareholders' interests are well served. James River's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, James River's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sarah Doran, Chief Officer
Jeanette Miller, Chief Officer
Frank DOrazio, CEO Director
Angela Burnett, Group Officer
Thomas Peach, Group Officer
Michael Hoffmann, Group Officer
James Gunson, Chief Officer
Michael Crow, Principal Officer
Daniel Heinlein, President and CEO of the Casualty Reinsurance segment
Terence McCafferty, President and CEO of the Specialty Admitted Insurance segment
Brett Shirreffs, Investments Finance
Richard Schmitzer, CEO of Excess and Surplus Lines Segment and President of Excess and Surplus Lines Segment
Todd Sutherland, Senior Liability

James Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is James River a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with James River

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if James River position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in James River will appreciate offsetting losses from the drop in the long position's value.

Moving against James Stock

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The ability to find closely correlated positions to James River could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace James River when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back James River - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling James River Group to buy it.
The correlation of James River is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as James River moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if James River Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for James River can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for James Stock Analysis

When running James River's price analysis, check to measure James River's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy James River is operating at the current time. Most of James River's value examination focuses on studying past and present price action to predict the probability of James River's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move James River's price. Additionally, you may evaluate how the addition of James River to your portfolios can decrease your overall portfolio volatility.