Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-09-16

James River Group Holdings (JRVR)

CEO Frank D'Orazio was paid $2,930,288 in fiscal year 2025, ↑ up 8.2% from fiscal year 2024, the 1st percentile of its disclosed peer group (SEC filing 0001104659-26-108040 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$2,930,288 ↑
Frank D'Orazio total, FY2025
1st
CEO pay percentile vs peers
27:1
CEO-to-median pay ratio
63.4%
Say-on-pay support, latest vote

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JRVR's next annual pay disclosure, estimated September 15, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Frank D'Orazio$990,791$0$966,618$0$934,891$0$37,988$2,930,288
Chief Executive Officer
Sarah Doran586,300286,000571,9970553,221029,7732,027,291
Chief Financial Officer
Richard Schmitzer463,479334,978669,9510421,869035,5331,925,810
Former President and Chief Executive Officer, E&S Segment
Michael Hoffmann453,050165,750441,9970320,617033,9211,415,335
Group Chief Underwriting Officer
Jeanette Miller369,000135,000269,9940261,136024,6391,059,769
Chief Legal Officer
Todd Sutherland375,11952,000249,9980295,620022,353995,090
President of the E&S Segment

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Frank D'Orazio$2,930,288$2,709,253$2,720,691↑ +221,035
Sarah Doran2,027,2911,899,4431,617,088↑ +127,848
Richard Schmitzer1,925,8102,100,5871,949,201↓ −174,777
Michael Hoffmann1,415,3351,336,1611,157,241↑ +79,174
Jeanette Miller1,059,769———
Todd Sutherland995,090———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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Companies that benchmark against JRVR
10 companies name JRVR as a compensation peer

The list of companies that name JRVR as a peer is temporarily unavailable — recheck shortly.

01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Matthew B. BoteinIndependent Director—
02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Sarah DoranPSU2025-03-0538,85877,717—155,434$285,999
Frank D'OrazioPSU2025-03-0565,667131,334—262,668483,309
Frank D'OrazioRSU2025-03-05——131,334——
Sarah DoranRSU2025-03-05——77,717—285,999
Jeanette MillerRSU2025-03-05——36,684—134,997
Jeanette MillerPSU2025-03-0518,34236,684—73,368134,997
Todd SutherlandRSU2025-08-06——42,955—249,998
Frank D'OrazioRSU2025-03-05——131,334—483,309
Michael HoffmannRSU2025-03-05——60,054—220,999
Michael HoffmannPSU2025-03-0530,02760,054—120,108220,999
Richard SchmitzerRSU2025-03-05——91,026—334,976
Richard SchmitzerPSU2025-03-0545,51391,026—182,052334,976
Frank D'OrazioPSU2025-03-05—131,334—262,668483,309
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Sarah Doran$285,999$285,999$050.0%
Frank D'Orazio483,309966,618066.7%
Jeanette Miller134,997134,997050.0%
Todd Sutherland249,998000.0%
Michael Hoffmann220,999220,999050.0%
Richard Schmitzer334,976334,976050.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Richard SchmitzerPSU20,415—$129,839
Michael HoffmannPSU22,551—143,424
Frank D'OrazioRSU131,334—835,284
Frank D'OrazioPSU131,334—835,284
Sarah DoranRSU77,717—494,280
Sarah DoranPSU77,717—494,280
Michael HoffmannRSU60,054—381,943
Michael HoffmannPSU60,054—381,943
Frank D'OrazioPSU49,317—313,656
Todd SutherlandRSU42,955—273,194
Jeanette MillerRSU36,684—233,310
Jeanette MillerPSU36,684—233,310
Frank D'OrazioRSU32,878—209,104
Sarah DoranPSU29,183—185,604
Richard SchmitzerPSU23,941—152,265
Sarah DoranRSU19,456—123,740
Michael HoffmannRSU15,034—95,616
Jeanette MillerPSU13,775—87,609
Frank D'OrazioRSU13,597—86,477
Jeanette MillerRSU9,184—58,410
Richard SchmitzerRSU8,892—56,553
Sarah DoranRSU8,085—51,421
Michael HoffmannRSU6,247—39,731
Frank D'OrazioRSU6,209—39,489
Sarah DoranRSU3,692—23,481
Jeanette MillerRSU3,122—19,856
Todd SutherlandRSU3,111—19,786
Michael HoffmannRSU2,853—18,145
Jeanette MillerRSU1,426—9,069
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company seeks to establish competitive compensation to attract and retain talent, align executive interests with shareholders through service-based and performance-based equity, and reward performance that builds long-term shareholder value. The program emphasizes a high proportion of variable, at-risk pay linked to rigorous financial and strategic goals.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantAon
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-10-2321,090,31512,177,107781,98263.4%Passed
20242024-10-2429,555,101835,28224,95297.25%Passed
20232023-07-2737,359,1511,399,19520,10996.39%Passed
20222022-10-2537,524,782555,1806,21598.54%Passed
20212021-10-2629,007,7716,306,69213,44182.14%Passed
20202020-04-2826,404,7721,287,3182,92695.35%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20252025-10-2363.4%a
20242024-10-2497.25%b
20232023-07-2796.39%c

a. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on any of the proposals.”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on any of the proposals.”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on any of the proposals.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)27 : 1
CEO total compensation$2,930,288
Median employee compensation$106,792
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Christine LaSalaIndependent · Board Chair · Nominating and Corporate Governance (Chair) · Compensation and Human Capital$125,000$99,997——$268$225,265
Peter B. MiglioratoIndependent · Compensation and Human Capital (Chair) · Audit137,50049,996——816188,312
Joel D. CavanessIndependent · Nominating and Corporate Governance · Audit · Compensation and Human Capital · Newly elected55,70731,176———86,883
Matthew B. BoteinIndependent · Investment (Chair)00——00
Frank N. D'OrazioEmployee director—————0
Rajiv BasuIndependent · Audit · Partial-year service——————
09

Board fee structure and ownership guideline

Annual cash retainer$125,000
Annual equity retainer$50,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)25,000 / 12,500 / 12,500
Stock ownership guideline$3
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$318,207
Equity awards (grant-date value)$181,169
All other compensation$1,084
Total cost of the board$500,460

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies James River Group Holdings names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including James River Group Holdings.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Radian Group Inc.2025Richard Thornberry$1,000,000$7,085,347—$3,120,000$11,318,967
2NMI Holdings, Inc.2025Adam Pollitzer975,0006,337,45002,839,20010,209,615
3SiriusPoint Ltd.2025Scott Egan1,169,7404,134,12301,600,1599,824,137
4Hamilton Insurance Group, Ltd.2025Giuseppina Albo1,300,0003,900,00003,640,0008,976,000
5Palomar Holdings, Inc.2025Mac Armstrong1,243,2693,862,33003,843,2988,961,148
6Horace Mann Educators Corporation2025Marita Zuraitis1,040,0003,328,000832,0003,139,5008,453,113
7Tiptree Inc.2025Michael Barnes1,200,0001,317,81805,651,6208,215,284
8RLI Corp.2025Craig Kliethermes677,5960831,8056,075,3197,691,732
9Kinsale Capital Group, Inc.2025Michael Kehoe1,250,0002,749,589007,423,891
10Skyward Specialty Insurance Group, Inc.2025Andrew Robinson975,0001,563,11702,973,0005,532,117
11Universal Insurance Holdings, Inc.2025Stephen Donaghy1,000,0001,750,01402,406,8445,240,829
12Bowhead Specialty Holdings Inc.2025Stephen Sills675,0003,120,966004,309,280
13Safety Insurance Group, Inc.2025George Murphy850,0001,100,00001,476,8804,187,838
14Global Indemnity Group, LLC2025Joseph Brown1,000,000—494,50004,001,790
15United Fire Group, Inc.2025Kevin Leidwinger821,0001,656,00801,350,9343,896,774
16Employers Holdings, Inc.2025Katherine Antonello881,0422,012,6640242,0003,261,998
17James River Group Holdings2025Frank D'Orazio990,791966,6180934,8912,930,288

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
James River Group Holdingsnot disclosedPSU 50 · RSU 50NoAon
Bowhead Specialty Holdings Inc.not disclosednot disclosedNonot disclosed
Employers Holdings, Inc.25%PSU 65 · RSU 35NoCAP
Global Indemnity Group, LLC76%not disclosedNonot disclosed
Hamilton Insurance Group, Ltd.175%PSU 50 · RSU 50NoMercer (US) LLC
Horace Mann Educators Corporationnot disclosedPSU 60 · Options 20 · RSU 20Yes — TSRCompensation Advisory Partners LLC (CAP)
Kinsale Capital Group, Inc.272%RSU 100not disclosedSemler Brossy
NMI Holdings, Inc.166.4%PSU 60 · RSU 40NoSemler Brossy
Palomar Holdings, Inc.176%PSU 50 · RSU 50NoPay Governance
Radian Group Inc.not disclosedPSU 60 · RSU 40Yes — TSR during the performance period compares to the average TSR of our peer groupWillis Towers Watson
RLI Corp.not disclosedOption 100not disclosedLockton Financial Advisors, LLC
Safety Insurance Group, Inc.139%PRSU 55 · RSU 45NoPay Governance
SiriusPoint Ltd.151.3%PSU 75 · RSU 25NoMercer
Skyward Specialty Insurance Group, Inc.150%not disclosedNoF.W. Cook
Tiptree Inc.not disclosednot disclosedNoCAP
United Fire Group, Inc.130%PSU 50 · RSU 50NoMercer LLC
Universal Insurance Holdings, Inc.160.5%PSU 50 · RSU 50Nonot disclosed

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at James River Group Holdings in fiscal 2025?
As disclosed, Frank D'Orazio (Chief Executive Officer) was the highest-paid executive at James River Group Holdings in fiscal 2025, with total compensation of $2,930,288.
How does James River Group Holdings's chief executive pay compare to its disclosed peer group?
As disclosed, Frank D'Orazio's total compensation ranked at the 1st percentile of James River Group Holdings's disclosed peer group.
What is James River Group Holdings's CEO-to-median employee pay ratio?
As disclosed, James River Group Holdings's CEO-to-median employee pay ratio was 27:1.
How did shareholders vote on James River Group Holdings's executive compensation?
As disclosed, 63.4% of shareholders supported James River Group Holdings's executive compensation in the latest say-on-pay vote.
How much does James River Group Holdings spend in total on board compensation for fiscal 2025?
As disclosed, James River Group Holdings reported total board compensation of $500,460 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Frank D'OrazioDEF 14A2026-09-160001104659-26-108040Section “Summary Compensation Table”. As printed: 2,930,288. Filing ↗machine: r1 · c49 · span 827769–827778
2Section 01, Sarah DoranDEF 14A2026-09-160001104659-26-108040Section “Summary Compensation Table”. As printed: 2,027,291. Filing ↗machine: r4 · c49 · span 847526–847535
3Section 01, Richard SchmitzerDEF 14A2026-09-160001104659-26-108040Section “Summary Compensation Table”. As printed: 1,925,810. Filing ↗machine: r7 · c49 · span 867410–867419
4Section 01, Michael HoffmannDEF 14A2026-09-160001104659-26-108040Section “Summary Compensation Table”. As printed: 1,415,335. Filing ↗machine: r10 · c49 · span 887171–887180
5Section 01, Jeanette MillerDEF 14A2026-09-160001104659-26-108040Section “Summary Compensation Table”. As printed: 1,059,769. Filing ↗machine: r13 · c49 · span 907883–907892
6Section 01, Todd SutherlandDEF 14A2026-09-160001104659-26-108040Section “Summary Compensation Table”. As printed: 995,090. Filing ↗machine: r14 · c49 · span 915766–915773
7Section 03, Sarah Doran PSUDEF 14A2026-09-160001104659-26-108040Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 996131–996138
8Section 03, Frank D'Orazio PSUDEF 14A2026-09-160001104659-26-108040Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 972606–972613
9Section 03, Frank D'Orazio RSUDEF 14A2026-09-160001104659-26-108040Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 978828–978835
10Section 03, Sarah Doran RSUDEF 14A2026-09-160001104659-26-108040Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1003038–1003045
11Section 03, Jeanette Miller RSUDEF 14A2026-09-160001104659-26-108040Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1073620–1073627
12Section 03, Jeanette Miller PSUDEF 14A2026-09-160001104659-26-108040Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1066713–1066720
13Section 03, Todd Sutherland RSUDEF 14A2026-09-160001104659-26-108040Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1090159–1090166
14Section 03, Frank D'Orazio RSUDEF 14A2026-09-160001104659-26-108040Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 979514–979521
15Section 03, Michael Hoffmann RSUDEF 14A2026-09-160001104659-26-108040Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1050095–1050102
16Section 03, Michael Hoffmann PSUDEF 14A2026-09-160001104659-26-108040Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1043188–1043195
17Section 03, Richard Schmitzer RSUDEF 14A2026-09-160001104659-26-108040Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1026566–1026573
18Section 03, Richard Schmitzer PSUDEF 14A2026-09-160001104659-26-108040Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1019659–1019666
19Section 03, Frank D'Orazio PSUDEF 14A2026-09-160001104659-26-108040Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 972606–972613
20Section 07, pay ratioDEF 14A2026-09-160001104659-26-108040Section “CEO Pay Ratio”. As printed: 27 : 1. Filing ↗
21Section 08, Christine LaSalaDEF 14A2026-09-160001104659-26-108040Section “Director Compensation”. As printed: 225,265. Filing ↗
22Section 08, Peter B. MiglioratoDEF 14A2026-09-160001104659-26-108040Section “Director Compensation”. As printed: 188,312. Filing ↗
23Section 08, Joel D. CavanessDEF 14A2026-09-160001104659-26-108040Section “Director Compensation”. As printed: 86,883. Filing ↗
24Section 08, Matthew B. BoteinDEF 14A2026-09-160001104659-26-108040Section “Director Compensation”. As printed: 0. Filing ↗
25Section 08, Frank N. D'OrazioDEF 14A2026-09-160001104659-26-108040Section “Director Compensation”. As printed: 0. Filing ↗
26Section 08, Rajiv BasuDEF 14A2026-09-160001104659-26-108040Section “Director Compensation”. As printed: —. Filing ↗
27Section 06, 2025 voteForm 8-K2025-10-240001620459-25-000123Item 5.07 · say-on-pay result. As reported: 63.4% (votes for as printed: 21,090,315). Filing ↗
28Section 06, 2024 voteForm 8-K2024-10-250001620459-24-000111Item 5.07 · say-on-pay result. As reported: 97.25% (votes for as printed: 29,555,101). Filing ↗
29Section 06, 2023 voteForm 8-K2023-07-280001620459-23-000103Item 5.07 · say-on-pay result. As reported: 96.39% (votes for as printed: 37,359,151). Filing ↗
30Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
31Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
32Section 09b board cost (computed)Computed——Cash 318,207 + equity 181,169 + all other 1,084 = 500,460, summed across the director compensation table rows.machine: formula: Σ = 500,460
33Radian Group Inc., Section 10b CEO totalDEF 14A2026-04-020001193125-26-140155CEO total compensation as printed in Radian Group Inc.'s own proxy. As printed: 11,318,967. Filing ↗
34NMI Holdings, Inc., Section 10b CEO totalDEF 14A2026-03-260001547903-26-000019CEO total compensation as printed in NMI Holdings, Inc.'s own proxy. As printed: 10,209,615. Filing ↗machine: t110 · r3 · c7 · span 892462–892472
35SiriusPoint Ltd., Section 10b CEO totalDEF 14A2026-04-100001174947-26-000480CEO total compensation as printed in SiriusPoint Ltd.'s own proxy. As printed: 9,824,137. Filing ↗machine: t194 · r1 · c8 · span 1029632–1029641
36Hamilton Insurance Group, Ltd., Section 10b CEO totalDEF 14A2026-03-240001593275-26-000037CEO total compensation as printed in Hamilton Insurance Group, Ltd.'s own proxy. As printed: 8,976,000. Filing ↗machine: t122 · r3 · c8 · span 791737–791746
37Palomar Holdings, Inc., Section 10b CEO totalDEF 14A2026-04-100002071876-26-000105CEO total compensation as printed in Palomar Holdings, Inc.'s own proxy. As printed: 8,961,148. Filing ↗machine: r1 · c6 · span 800817–800826
38Horace Mann Educators Corporation, Section 10b CEO totalDEF 14A2026-04-060000850141-26-000014CEO total compensation as printed in Horace Mann Educators Corporation's own proxy. As printed: 8,453,113. Filing ↗machine: r2 · c24 · span 614401–614410
39Tiptree Inc., Section 10b CEO totalDEF 14A2026-03-160001393726-26-000015CEO total compensation as printed in Tiptree Inc.'s own proxy. As printed: 8,215,284. Filing ↗machine: r2 · c29 · span 1072009–1072018
40RLI Corp., Section 10b CEO totalDEF 14A2026-03-260001104659-26-035213CEO total compensation as printed in RLI Corp.'s own proxy. As printed: 7,691,732. Filing ↗machine: r9 · c18 · span 1221310–1221319
41Kinsale Capital Group, Inc., Section 10b CEO totalDEF 14A2026-04-090001669162-26-000020CEO total compensation as printed in Kinsale Capital Group, Inc.'s own proxy. As printed: 7,423,891. Filing ↗machine: r3 · c42 · span 299293–299302
42Skyward Specialty Insurance Group, Inc., Section 10b CEO totalDEF 14A2026-03-250001519449-26-000021CEO total compensation as printed in Skyward Specialty Insurance Group, Inc.'s own proxy. As printed: 5,532,117. Filing ↗machine: span 512894–512903
43Universal Insurance Holdings, Inc., Section 10b CEO totalDEF 14A2026-04-240001193125-26-177529CEO total compensation as printed in Universal Insurance Holdings, Inc.'s own proxy. As printed: 5,240,829. Filing ↗machine: span 525027–525036
44Bowhead Specialty Holdings Inc., Section 10b CEO totalDEF 14A2026-03-160002002473-26-000006CEO total compensation as printed in Bowhead Specialty Holdings Inc.'s own proxy. As printed: 4,309,280. Filing ↗machine: span 243043–243052
45Safety Insurance Group, Inc., Section 10b CEO totalDEF 14A2026-03-310001172052-26-000009CEO total compensation as printed in Safety Insurance Group, Inc.'s own proxy. As printed: 4,187,838. Filing ↗machine: r5 · c16 · span 552394–552403
46Global Indemnity Group, LLC, Section 10b CEO totalDEF 14A2026-04-290001193125-26-191942CEO total compensation as printed in Global Indemnity Group, LLC's own proxy. As printed: 4,001,790. Filing ↗machine: r2 · c38 · span 274562–274571
47United Fire Group, Inc., Section 10b CEO totalDEF 14A2026-04-070000101199-26-000020CEO total compensation as printed in United Fire Group, Inc.'s own proxy. As printed: 3,896,774. Filing ↗machine: r2 · c54 · span 775843–775852
48Employers Holdings, Inc., Section 10b CEO totalDEF 14A2026-04-160001379041-26-000015CEO total compensation as printed in Employers Holdings, Inc.'s own proxy. As printed: 3,261,998. Filing ↗machine: r2 · c27 · span 517005–517014
49James River Group Holdings (subject), Section 10b CEO totalDEF 14A2026-09-160001104659-26-108040CEO total compensation as printed in James River Group Holdings's own proxy. As printed: 2,930,288. Filing ↗machine: r1 · c49 · span 827769–827778
50Section 10a, Universal Insurance Holdings, Inc. reciprocityDEF 14A—0001193125-23-127177Universal Insurance Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include James River Group Holdings. Filing ↗
51Section 10a, Employers Holdings, Inc. reciprocityDEF 14A—0001379041-26-000015Employers Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include James River Group Holdings. Filing ↗
52Section 10a, NMI Holdings, Inc. reciprocityDEF 14A—0001547903-26-000019NMI Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include James River Group Holdings. Filing ↗
53Section 10a, Global Indemnity Group, LLC reciprocityDEF 14A—0001193125-26-191942Global Indemnity Group, LLC's most recent proxy was read; its disclosed peer group does not include James River Group Holdings. Filing ↗
54Section 10a, Safety Insurance Group, Inc. reciprocityDEF 14A—0001172052-26-000009Safety Insurance Group, Inc.'s most recent proxy was read; its disclosed peer group does not include James River Group Holdings. Filing ↗
55Section 10a, Hamilton Insurance Group, Ltd. reciprocityDEF 14A—0001593275-26-000037Hamilton Insurance Group, Ltd. names James River Group Holdings in its own disclosed peer group (read from its most recent proxy). Filing ↗
56Section 10a, SiriusPoint Ltd. reciprocityDEF 14A—0001174947-26-000480SiriusPoint Ltd.'s most recent proxy was read; its disclosed peer group does not include James River Group Holdings. Filing ↗
57Section 10a, RLI Corp. reciprocityDEF 14A—0001104659-26-035213RLI Corp. names James River Group Holdings in its own disclosed peer group (read from its most recent proxy). Filing ↗
58Section 10a, United Fire Group, Inc. reciprocityDEF 14A—0000101199-26-000020United Fire Group, Inc.'s most recent proxy was read; its disclosed peer group does not include James River Group Holdings. Filing ↗
59Section 10a, Radian Group Inc. reciprocityDEF 14A—0001193125-26-140155Radian Group Inc.'s most recent proxy was read; its disclosed peer group does not include James River Group Holdings. Filing ↗
60Section 10a, Horace Mann Educators Corporation reciprocityDEF 14A—0000850141-26-000014Horace Mann Educators Corporation's most recent proxy was read; its disclosed peer group does not include James River Group Holdings. Filing ↗
61Section 10a, Skyward Specialty Insurance Group, Inc. reciprocityDEF 14A—0001519449-26-000021Skyward Specialty Insurance Group, Inc. names James River Group Holdings in its own disclosed peer group (read from its most recent proxy). Filing ↗

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