PEMBROKE, Bermuda (AP) — PEMBROKE, Bermuda (AP) — James River Group Holdings Ltd. (JRVR) on Wednesday reported profit of $15.4 million in its first quarter.

On a per-share basis, the Pembroke, Bermuda-based company said it had net income of 35 cents. Earnings, adjusted for one-time gains and costs, were 39 cents per share.

The insurance holding company posted revenue of $201.1 million in the period.

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