Global Indemnity Group, LLC, through its subsidiaries, provides specialty property and casualty insurance, and individual policyholder coverages in the United States; and reinsurance products worldwide. It operates through four segments: Commercial Specialty; Specialty Property; Farm, Ranch, & Stable; and Reinsurance. The Commercial Specialty segment distributes property, general liability, casualty, and professional lines products, as well as products for dwellings. This segment sells its products through a network of wholesale general agents, program administrators, brokers, aggregators, and retail agents. The Specialty Property segment writes specialty products, including mobile homes, manufactured homes, homeowners, and collectibles through retail agents, wholesale general agents, and brokers. The Farm, Ranch, & Stable segment offers commercial farm auto and excess/umbrella coverage for the agriculture industry, as well as specialized insurance products for the equine mortality and equine major medical industry on an admitted basis through wholesalers and retail agents. The Reinsurance segment provides offer third party treaty reinsurance for casualty insurance and reinsurance companies, as well as professional liability products to companies through brokers, as well as on a direct basis. Global Indemnity Group, LLC was founded in 2003 and is headquartered in Bala Cynwyd, Pennsylvania.
IPO Year:
Exchange: NASDAQ
Website: gbli.com
4 - Global Indemnity Group, LLC (0001494904) (Issuer)
4 - Global Indemnity Group, LLC (0001494904) (Issuer)
Global Indemnity Group, LLC (NYSE:GBLI) (the "Company") today reported an increase of 77% in net income available to shareholders to $33.9 million or $2.48 per share for the nine months ended September 30, 2024 compared to $19.2 million or $1.39 per share for the same period in 2023. Highlights for the Nine Months Ended September 30, 2024 Net income available to shareholders increased 77% to $33.9 million or $2.48 per share in 2024 compared to $19.2 million or $1.39 per share in 2023. Operating income increased 57% to $33.8 million in 2024 compared to $21.5 million in 2023. Book value per share increased to $49.88 at September 30, 2024 from $47.53 at December 31, 2023; increased 7.1%
Global Indemnity Group, LLC (NYSE:GBLI) ("GBLI"), announced today that it will release its third quarter 2024 earnings before market open on Thursday, November 7, 2024. GBLI will hold an earnings call to discuss third quarter 2024 results on Thursday, August 7, 2024 at 11:00 a.m. Eastern. The earnings call will be webcast on GBLI's website at www.gbli.com. Investors and analysts interested in asking representatives of GBLI's management questions regarding third quarter 2024 results may do so by dialing +1 (800) 715-9871 or by submitting written questions through the webcast. About Global Indemnity Group, LLC and its subsidiaries Global Indemnity Group, LLC (NYSE:GBLI), through its severa
Global Indemnity Group, LLC (NYSE:GBLI) ("GBLI") announced today its Board of Directors has approved a distribution payment of $0.35 per common share to be paid on October 7, 2024 to all shareholders of record as of the close of business on September 30, 2024. About Global Indemnity Group, LLC and its subsidiaries Global Indemnity Group, LLC (NYSE:GBLI), through its several direct and indirect wholly owned subsidiary insurance companies, provides both admitted and non-admitted specialty property and specialty casualty insurance coverages and individual policyholder coverages in the United States, as well as reinsurance worldwide. The insurance companies manage the distribution of the Comp
Global Indemnity Group, LLC (NYSE:GBLI) (the "Company") today reported an increase of 83% in net income available to shareholders to $21.2 million or $1.55 per share for the six months ended June 30, 2024 compared to $11.6 million or $0.84 per share for the same period in 2023. On August 1, 2024, AM Best affirmed Global Indemnity Group, LLC's A (Excellent) rating for its U.S. insurance subsidiaries and released: "AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issue Credit Ratings (Long-Term ICR) of "a" (Excellent) of the U.S. operating subsidiaries of Global Indemnity Group, LLC (Global Indemnity) (Delaware) (NYSE:GBLI)." "The balance she
AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issue Credit Ratings (Long-Term ICR) of "a" (Excellent) of the U.S. operating subsidiaries of Global Indemnity Group, LLC (Global Indemnity) (Delaware) (NYSE:GBLI). Concurrently, AM Best has affirmed the Long-Term ICR of "bbb" (Good) of Global Indemnity. (See below for a complete list of companies and ratings.) The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Global Indemnity's balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. The balance sheet
Global Indemnity Group, LLC (NYSE:GBLI) ("GBLI"), announced today that it will release its second quarter 2024 earnings before market open on Wednesday, August 7, 2024. GBLI will hold an earnings call to discuss second quarter 2024 results on Wednesday, August 7, 2024 at 11:00 a.m. Eastern. The earnings call will be webcast on GBLI's website at www.gbli.com. Investors and analysts interested in asking representatives of GBLI's management questions regarding second quarter 2024 results may do so by dialing +1 (800) 715-9871 or by submitting written questions through the webcast. About Global Indemnity Group, LLC and its subsidiaries Global Indemnity Group, LLC (NYSE:GBLI), through its
Global Indemnity Group, LLC (NYSE:GBLI) ("GBLI") announced today its Board of Directors has approved a distribution payment of $0.35 per common share to be paid on June 28, 2024 to all shareholders of record as of the close of business on June 21, 2024. About Global Indemnity Group, LLC and its subsidiaries Global Indemnity Group, LLC (NYSE:GBLI), through its several direct and indirect wholly owned subsidiary insurance companies, provides both admitted and non-admitted specialty property and specialty casualty insurance coverages and individual policyholder coverages in the United States, as well as reinsurance worldwide. The insurance companies manage the distribution of the Company's
Global Indemnity Group, LLC (NYSE:GBLI) (the "Company") today reported net income available to shareholders of $11.3 million for the three months ended March 31, 2024 compared to $2.4 million for the same period in 2023. Highlights for the 1st quarter of 2024 The increase in net income available to shareholders was driven by strong underwriting results in the Penn-America excess and surplus lines business, reflected in a 54.8% Loss Ratio and 94.0% Combined Ratio, and a 21% increase in investment income to $14.5 million in 2024 due to steps taken by the Company to position it to take advantage of rising interest rates. Gross written premiums declined 24.0% to $93.5 million for 2024 f
Global Indemnity Group, LLC (NYSE:GBLI) ("GBLI"), announced today that it will release its first quarter 2024 earnings before market open on Wednesday, May 8, 2024. GBLI will hold an earnings call to discuss first quarter 2024 results on Wednesday, May 8, 2024 at 11:00 a.m. Eastern. The earnings call will be webcast on GBLI's website at www.gbli.com. Investors and analysts interested in asking representatives of GBLI's management questions regarding first quarter 2024 results may do so by dialing +1 (800) 715-9871 or by submitting written questions through the webcast. About Global Indemnity Group, LLC and its subsidiaries Global Indemnity Group, LLC (NYSE:GBLI), through its several d
Global Indemnity Group, LLC (NYSE:GBLI) (the "Company") today reported net income available to shareholders for the twelve months ended December 31, 2023, of $25.0 million compared to net loss available to shareholders of $1.3 million for the corresponding period in 2022. Adjusted operating income per share was $1.96 in 2023, an increase of 125% over $0.87 in 2022, driven by a 95.2% accident year combined ratio in the Company's Penn-America excess and surplus lines insurance business and $55.4 million of net investment income, which increased 101% over 2022. The Company also reduced gross written premium of its Non-Core Operations by 86%. Book value per share increased 8.2% (including $1.00
4 - Global Indemnity Group, LLC (0001494904) (Issuer)
4 - Global Indemnity Group, LLC (0001494904) (Issuer)
4 - Global Indemnity Group, LLC (0001494904) (Issuer)
4 - Global Indemnity Group, LLC (0001494904) (Issuer)
4 - Global Indemnity Group, LLC (0001494904) (Issuer)
4 - Global Indemnity Group, LLC (0001494904) (Issuer)
4 - Global Indemnity Group, LLC (0001494904) (Issuer)
4 - Global Indemnity Group, LLC (0001494904) (Issuer)
4 - Global Indemnity Group, LLC (0001494904) (Issuer)
4 - Global Indemnity Group, LLC (0001494904) (Issuer)
8-K - Global Indemnity Group, LLC (0001494904) (Filer)
10-Q - Global Indemnity Group, LLC (0001494904) (Filer)
8-K - Global Indemnity Group, LLC (0001494904) (Filer)
8-K - Global Indemnity Group, LLC (0001494904) (Filer)
8-K - Global Indemnity Group, LLC (0001494904) (Filer)
10-Q - Global Indemnity Group, LLC (0001494904) (Filer)
8-K - Global Indemnity Group, LLC (0001494904) (Filer)
DEFA14A - Global Indemnity Group, LLC (0001494904) (Filer)
DEF 14A - Global Indemnity Group, LLC (0001494904) (Filer)
10-K - Global Indemnity Group, LLC (0001494904) (Filer)
SC 13G/A - Global Indemnity Group, LLC (0001494904) (Subject)
SC 13G/A - Global Indemnity Group, LLC (0001494904) (Subject)
SC 13G - Global Indemnity Group, LLC (0001494904) (Subject)
SC 13D/A - Global Indemnity Group, LLC (0001494904) (Subject)
SC 13G/A - Global Indemnity Group, LLC (0001494904) (Subject)
SC 13D/A - Global Indemnity Group, LLC (0001494904) (Subject)
SC 13D/A - Global Indemnity Group, LLC (0001494904) (Subject)
SC 13D/A - Global Indemnity Group, LLC (0001494904) (Subject)
SC 13D - Global Indemnity Group, LLC (0001494904) (Subject)
SC 13D/A - Global Indemnity Group, LLC (0001494904) (Subject)
Global Indemnity Group, LLC Suspends the Exploration of the Sale or Merger of Penn-America and Global Indemnity, Increases Size of Board of Directors, Announces Fred Karlinsky as New Designated Director, and Intends to Continue Share Repurchases Under Existing $135 Million Authorization Global Indemnity Group, LLC (NYSE:GBLI) ("Global Indemnity" or the "Company") announced today that it suspended the exploration of the sale or merger of Penn-America, Global Indemnity's insurance group, and Global Indemnity itself at this time. Saul Fox, Global Indemnity's Chairman, stated: "Our merger & acquisition market information that suggested we pursue a transaction at this time was not realized."
Global Indemnity Group, LLC (NYSE:GBLI) ("GBLI"), today announced that David S. Charlton, Chief Executive Officer, and Reiner R. Mauer, Chief Operations Officer, are no longer officers or directors of GBLI (including its subsidiaries). GBLI's board of directors appointed Joseph W. Brown, 73, as its Chief Executive Officer. Mr. Brown has served as a GBLI director since December 2015 and will remain on GBLI's board of directors. Mr. Brown has close to 50 years of insurance industry experience, including prior tenures as a director, chairman, and chief executive officer of MBIA, Inc. (NYSE:MBI), chairman of the board of Safeco, chairman of the board of Talegen Holdings, Inc., chairman of Nobl
BALA CYNWYD, Pa., May 17, 2021 (GLOBE NEWSWIRE) -- Global Indemnity Group, LLC (NASDAQ:GBLI) (the "Company"), parent company of specialty property and casualty insurance providers Penn-America Group®, United National Group®, Diamond State Group®, American Reliable Insurance Company®, and Collectibles Insurance Services™ today announced the appointment of Reiner R. Mauer as the chief operations officer of Global Indemnity's insurance businesses and the Company's principal operating officer. Mr. Mauer is a 29-year veteran property & casualty insurance industry senior executive, with expertise in commercial and personal lines insurance, specialty insurance and operations. Prior to joining Gl
AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long Term Issue Credit Rating (Long-Term ICR) of "a" of the U.S. operating subsidiaries of Global Indemnity Group, LLC (Global Indemnity) (Delaware) (NASDAQ:GBLI). Concurrently, AM Best has affirmed the Long-Term ICR of "bbb" of Global Indemnity. (See below for complete list of companies and ratings). AM Best also has affirmed the Long-Term Issue Rating (Long-Term IR) of "bbb-" on the $130 million 7.875% subordinated notes due 2047 of Global Indemnity Limited, now guaranteed by Global Indemnity. The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Global Indemnity's balance sheet stren
BALA CYNWYD, Pa., April 20, 2021 (GLOBE NEWSWIRE) -- Global Indemnity Group, LLC (NASDAQ:GBLI) (the "Company"), parent company of specialty property and casualty insurance providers Penn-America Group®, United National Group®, Diamond State Group®, American Reliable Insurance Company®, and Collectibles Insurance Services® today announced the appointment of David S. Charlton as its chief executive of Global Indemnity's insurance operations as well as a member of its board of directors. Mr. Charlton is a 34-year veteran property & casualty insurance industry senior executive, with particular expertise in excess and surplus, binding authority, small business, and other specialty insurance bu
Global Indemnity Group, LLC (NYSE:GBLI) ("GBLI"), announced today that it will release its third quarter 2024 earnings before market open on Thursday, November 7, 2024. GBLI will hold an earnings call to discuss third quarter 2024 results on Thursday, August 7, 2024 at 11:00 a.m. Eastern. The earnings call will be webcast on GBLI's website at www.gbli.com. Investors and analysts interested in asking representatives of GBLI's management questions regarding third quarter 2024 results may do so by dialing +1 (800) 715-9871 or by submitting written questions through the webcast. About Global Indemnity Group, LLC and its subsidiaries Global Indemnity Group, LLC (NYSE:GBLI), through its severa
Global Indemnity Group, LLC (NYSE:GBLI) ("GBLI"), announced today that it will release its second quarter 2024 earnings before market open on Wednesday, August 7, 2024. GBLI will hold an earnings call to discuss second quarter 2024 results on Wednesday, August 7, 2024 at 11:00 a.m. Eastern. The earnings call will be webcast on GBLI's website at www.gbli.com. Investors and analysts interested in asking representatives of GBLI's management questions regarding second quarter 2024 results may do so by dialing +1 (800) 715-9871 or by submitting written questions through the webcast. About Global Indemnity Group, LLC and its subsidiaries Global Indemnity Group, LLC (NYSE:GBLI), through its
Global Indemnity Group, LLC (NYSE:GBLI) ("GBLI"), announced today that it will release its first quarter 2024 earnings before market open on Wednesday, May 8, 2024. GBLI will hold an earnings call to discuss first quarter 2024 results on Wednesday, May 8, 2024 at 11:00 a.m. Eastern. The earnings call will be webcast on GBLI's website at www.gbli.com. Investors and analysts interested in asking representatives of GBLI's management questions regarding first quarter 2024 results may do so by dialing +1 (800) 715-9871 or by submitting written questions through the webcast. About Global Indemnity Group, LLC and its subsidiaries Global Indemnity Group, LLC (NYSE:GBLI), through its several d
Global Indemnity Group, LLC (NYSE:GBLI) ("GBLI") announced today that its Board of Directors approved a dividend rate of $0.35 per common share payable on March 28, 2024 to all shareholders of record as of the close of business on March 21, 2024, a 40% increase over the prior quarterly dividend rate of $0.25 per common share. "The increase in GBLI's dividend reflects the company's ongoing strong financial performance, capital and reserve positions, liquidity, and balance sheet," said Saul Fox, GBLI's Chairman of the Board. Fox added, "Since taking the company public, GBLI both repaid all of its debt and returned more than $600 million to shareholders via share repurchases, dividends, and
Global Indemnity Group, LLC (NYSE:GBLI) ("GBLI"), announced today that it will release its 2023 earnings before market open on Wednesday, March 13, 2024. GBLI will hold an earnings call to discuss 2023 results on Wednesday, March 13, 2024 at 11:00 a.m. Eastern. The earnings call will be webcast on GBLI's website at www.gbli.com. Investors and analysts interested in asking representatives of GBLI's management questions regarding 2023 results may do so by dialing +1 (800) 715-9871 or by submitting written questions through the webcast. About Global Indemnity Group, LLC and its subsidiaries Global Indemnity Group, LLC (NYSE:GBLI), through its several direct and indirect wholly owned subs
Global Indemnity Group, LLC (NYSE:GBLI) ("GBLI"), announced today that it will release its third quarter 2023 earnings before market open on Wednesday, November 8, 2023. GBLI will hold an earnings call to discuss third quarter 2023 results on Wednesday, November 8, 2023 at 11:00 a.m. Eastern. The earnings call will be webcast on GBLI's website at www.gbli.com. Investors and analysts interested in asking representatives of GBLI's management questions regarding third quarter 2023 results may do so by dialing +1 (888) 350-3899 or by submitting written questions through the webcast. About Global Indemnity Group, LLC and its subsidiaries Global Indemnity Group, LLC (NYSE:GBLI), through its
Global Indemnity Group, LLC (NYSE:GBLI) ("GBLI"), announced today that it will release its second quarter 2023 earnings before market open on Tuesday, August 8, 2023. GBLI will hold an earnings call to discuss second quarter 2023 results on Tuesday August 8, 2023 at 11:00 a.m. Eastern. The earnings call will be webcast on GBLI's website at www.gbli.com. Investors and analysts interested in asking representatives of GBLI's management questions regarding second quarter 2023 results may do so by dialing +1 (888) 350-3899 or by submitting written questions through the webcast. About Global Indemnity Group, LLC and its subsidiaries Global Indemnity Group, LLC (NYSE:GBLI), through its sever
Global Indemnity Group, LLC (NYSE:GBLI) ("GBLI"), announced today that it will release its first quarter 2023 earnings before market open on Wednesday, May 10, 2023. GBLI will hold an earnings call to discuss first quarter 2023 results on Wednesday, May 10, 2023 at 11:00 a.m. Eastern. The earnings call will be webcast on GBLI's website at www.gbli.com. Investors and analysts interested in asking representatives of GBLI's management questions regarding first quarter 2023 results may do so by dialing +1 (888) 440-4502 or by submitting written questions through the webcast. About Global Indemnity Group, LLC and its subsidiaries Global Indemnity Group, LLC (NYSE:GBLI), through its several
Global Indemnity Group, LLC (NYSE:GBLI) ("GBLI"), announced today that it will release its 2022 earnings before market open on Thursday, March 9, 2023. GBLI will hold an earnings call to discuss 2022 results on Thursday, March 9, 2023 at 11:00 a.m. Eastern. The earnings call will be webcast on GBLI's website at www.gbli.com. About Global Indemnity Group, LLC and its subsidiaries Global Indemnity Group, LLC (NYSE:GBLI), through its several direct and indirect wholly owned subsidiary insurance companies, provides both admitted and non-admitted specialty property and casualty insurance coverages and individual policyholder coverages in the United States through its United National/Penn-Amer
Global Indemnity Group, LLC (NYSE:GBLI) ("GBLI"), announced today that it will release its Third Quarter 2022 earnings before market open on Tuesday, November 8, 2022. GBLI will hold an earnings call to discuss Third Quarter 2022 results on Tuesday, November 8, 2022 at 11:00 a.m. Eastern. The earnings call will be webcast on GBLI's website at www.gbli.com. About Global Indemnity Group, LLC and its subsidiaries Global Indemnity Group, LLC (NYSE:GBLI), through its several direct and indirect wholly owned subsidiary insurance companies, provides both admitted and non-admitted specialty property and casualty insurance coverages and individual policyholder coverages in the United States, as w
Global Indemnity Group (NYSE:GBLI) reported quarterly earnings of $0.77 per share which beat the analyst consensus estimate of $0.60 by 28.33 percent. This is a 196.15 percent increase over earnings of $0.26 per share from the same period last year. The company reported $112.291 million in sales this quarter. This is a 25.59 percent decrease over sales of $150.914 million the same period last year.
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Global Indemnity Group (NYSE:GBLI) is set to give its latest quarterly earnings report on Wednesday, 2024-03-13. Here's what investors need to know before the announcement. Analysts estimate that Global Indemnity Group will report an earnings per share (EPS) of $0.54. Global Indemnity Group bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Historical Earnings Performance Last quarter the company missed EPS by $0.70, which was foll
Global Indemnity Group, LLC (NYSE:GBLI) ("GBLI") announced today that its Board of Directors approved a dividend rate of $0.35 per common share payable on March 28, 2024 to all shareholders of record as of the close of business on March 21, 2024, a 40% increase over the prior quarterly dividend rate of $0.25 per common share."The increase in GBLI's dividend reflects the company's ongoing strong financial performance, capital and reserve positions, liquidity, and balance sheet," said Saul Fox, GBLI's Chairman of the Board. Fox added, "Since taking the company public, GBLI both repaid all of its debt and returned more than $600 million to shareholders via share repurchases, dividends, and othe
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According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session. Gainers Kingstone Companies (NASDAQ:KINS) stock increased by 4.97% to $2.11 during Wednesday's regular session. As of 12:40 EST, Kingstone Companies's stock is trading at a volume of 636, which is 0% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $26.3 million. Fanhua (NASDAQ:FANH) stock rose 3.43% to $6.62. As of 12:40 EST, Fanhua's stock is trading at a volume of 4.3K, which is 0% of its average full-day volume over the last 100 days. The company's market cap stands at $384.6 million. Abacus Life (NASDAQ:ABL) stock