Global Indemnity

Global Indemnity Group LLC engages in providing diversified insurance and reinsurance services. It operates through the following segments: Commercial Specialty, Farm, Ranch, and Stable, Reinsurance Operations, and Exited Lines. The Commercial Specialty segment provides specialty and casualty products designed for product lines such as small business binding authority, property brokerage, vacant express and programs. The Specialty Property segment offers specialty personal lines property and casualty insurance products. The Farm, Ranch, and Stable segment offers specialized property and casualty coverage including 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. The Reinsurance Operations segment provides reinsurance solutions through brokers and primary writers including insurance and reinsurance companies. The company was founded in 2003 and is headquartered in Bala Cynwyd, PA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Global Indemnity reports strong Q1 earnings, eyes growth opportunities

Global Indemnity's Q1 2024 performance reflects robust financial health, marked by revenue growth, underwriting strength, and prudent expense management, positioning the company for sustained success.
While facing challenges such as declining premiums in noncore segments, the company's focus on core business strength and growth in key divisions underscores its resilience and adaptability.
With a positive outlook for 2024 and opportunities to optimize return on equity and capital allocation, Global Indemnity is poised to capitalize on growth prospects and enhance shareholder value.

Global Indemnity Group reports robust Q2 performance and eyes strategic growth

Global Indemnity Group's Q2 2024 performance reflects solid revenue growth aligned with long-term targets and strong underwriting results, despite a slightly high expense ratio.
The company's focus on direct reinsurance and growth in investment income positions it well for future expansion and strategic initiatives.
While challenges exist in managing expenses amidst digital transformation investments, the company's excess capital strength and growth prospects offer promising opportunities.
Overall, Global Indemnity's financial performance and strategic direction indicate a positive outlook for sustained growth and value creation for stakeholders.

Global Indemnity (GBLI) reports strong Q3 results and growth prospects

Global Indemnity Group's Q3 2024 earnings call highlighted robust financial performance, strategic growth initiatives, and effective risk management practices.
The company's focus on underwriting excellence, investment income growth, and technology enhancements positions it well for future growth and profitability.
While facing challenges in a dynamic market, Global Indemnity remains agile in seizing opportunities for expansion and innovation to drive long-term success.

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Global Indemnity Group LLC engages in providing diversified insurance and reinsurance services. It operates through the following segments: Commercial Specialty, Reinsurance Operations, and Exited Lines. The Commercial Specialty segment provides specialty and casualty products designed for product lines such as small business binding authority, property brokerage, vacant express and programs. The Specialty Property segment offers specialty personal lines property and casualty insurance products. The Reinsurance Operations segment provides reinsurance solutions through brokers and primary writers including insurance and reinsurance companies. The company was founded in 2003 and is headquartered in Bala Cynwyd, PA.

WILMINGTON, Del.--(BUSINESS WIRE)--Global Indemnity Group, LLC (NYSE:GBLI) (the “Company”) today reported net income available to shareholders for the three months ended March 31, 2023, of $2.4 million compared to net loss available to shareholders of $14.9 million for the corresponding period in 2022. Adjusted operating income, which excludes realized gains and losses and the results of Exited Lines, was $3.4 million for the three months ended March 31, 2023, compared to $3.8 million for the t.

Global Indemnity Group, LLC Reports First Quarter 2023 Results

WILMINGTON, Del.--(BUSINESS WIRE)--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.

Global Indemnity Group, LLC First Quarter 2023 Earnings Release & Conference Call

Global Indemnity Group, LLC (NYSE:GBLI ) Q4 2022 Earnings Conference Call March 9, 2023 11:00 AM ET Company Participants Stephen Ries - Head of Investor Relations Joseph Brown - Chief Executive Officer Thomas McGeehan - Chief Financial Officer Conference Call Participants Thomas Kerr - Zacks Investment Research, Inc. Operator Good morning, and welcome to Global Indemnity Group 2022 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.

Global Indemnity Group, LLC (GBLI) Q4 2022 Earnings Call Transcript

WILMINGTON, Del.--(BUSINESS WIRE)--Global Indemnity Group, LLC (NYSE:GBLI) (the “Company”) today reported net loss available to shareholders for the twelve months ended December 31, 2022, of $1.3 million compared to net income available to shareholders of $28.9 million for the corresponding period in 2021. Adjusted operating income, which excludes realized gains and losses, the results of Exited Lines, and the write-off of debt issuance costs on the early retirement of debt, was $19.

Global Indemnity Group, LLC Reports Year Ended 2022 Results

Global Indemnity Group, LLC 2022 Earnings Release & Conference Call

WILMINGTON, Del.--( BUSINESS WIRE )--Global Indemnity Group, LLC (NYSE:GBLI) (“GBLI”) today announced that it has spent $21.9 million under its previously announced stock purchase program and authorized an additional repurchase amount of $38.1 million for an aggregate stock purchase program of $60 million. The authorization to repurchase shares will expire on December 31, 2027. The timing and actual number of shares repurchased, if any, will depend on a variety of factors, including price, general business and market conditions, and alternative investment opportunities. Further, GBLI may utilize a variety of stock repurchase methods, including open market purchases or privately negotiated transactions, all in compliance with GBLI's Insider Trading Policy, the United States Securities and Exchange Commission, and other applicable legal requirements. The repurchase program does not obligate GBLI to acquire any amount of A Common Shares, and the repurchase program may be suspended or discontinued at any time at GBLI's discretion.

Global Indemnity Group, LLC Announces Additional Share Buyback Authorization

Global Indemnity Group, LLC (NYSE:GBLI ) Q3 2022 Earnings Conference Call November 8, 2022 11:00 AM ET Company Participants Stephen Ries - Head of Investor Relations Joseph Brown - Chief Executive Officer Thomas McGeehan - Chief Financial Officer Jonathan Oltman - President of Insurance Operations Conference Call Participants Anthony Mottolese - Dowling & Partners Securities, LLC Thomas Kerr - Zacks Investment Research, Inc. Operator Good day, and welcome to the Global Indemnity Group, LLC Third Quarter 2022 Earnings Conference Call. I would now like to introduce Stephen W.

Global Indemnity Group, LLC (GBLI) Q3 2022 Earnings Call Transcript

Global Indemnity Group, LLC Reports Third Quarter 2022 Results

Global Indemnity Group, LLC Announces Hurricane Ian Loss Estimate

MBIA

Global Indemnity Group, LLC Announces Chief Executive Officer and Chief Operations Officer Departures, Names Chief Executive Officer, Appoints a New Director, and Announces Share Buyback Authorization

Global Indemnity Group, LLC Third Quarter 2022 Earnings Release & Conference Call

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has placed under review with negative implications the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” (Excellent) of American Reliable Insurance Company (ARIC) (Scottsdale, AZ), a member of Global Indemnity Group, LLC (Global Indemnity) [NYSE: GBLI]. These Credit Rating (rating) actions follow the recent announcement that ARIC, a Global Indemnity subsidiary, completed the disposition of its f

AM Best Places Credit Ratings of American Reliable Insurance Company Under Review With Negative Implications

Global Indemnity Group, LLC (NYSE:GBLI ) Q2 2022 Earnings Conference Call August 9, 2022 11:00 AM ET Company Participants Stephen Ries - Head-Investor Relations David Charlton - Chief Executive Officer Thomas McGeehan - Chief Financial Officer Jonathan Oltman - President of Insurance Operations Conference Call Participants Anthony Mottolese - Dowling & Partners Thomas Kerr - Zacks Investment Research Operator Good day, and welcome to the Global Indemnity Group LLC's Second Quarter 2022 Earnings Conference Call. I would now like to introduce Stephen W.

Global Indemnity Group, LLC (GBLI) CEO David Charlton on Q2 2022 Results - Earnings Call Transcript

BALA CYNWYD, Pa.--(BUSINESS WIRE)--Global Indemnity Group, LLC (NYSE:GBLI) (the “Company”) today reported adjusted operating income, which excludes realized gains and losses, the results of Exited Lines and the loss on the extinguishment of debt, of $7.3 million for the six months ended June 30, 2022, compared to $11.4 million for the corresponding period in 2021. Adjusted operating income, was $1.8 million for the three months ended June 30, 2022, compared to $8.7 million for the corresponding

Global Indemnity Group, LLC Reports Second Quarter 2022 Results

BALA CYNWYD, Pa.--(BUSINESS WIRE)--Global Indemnity Group, LLC (NYSE:GBLI) ("GBLI"), announced today that American Reliable Insurance Company (“ARIC”), a GBLI subsidiary, completed the disposition of ARIC's Farm, Ranch, and Equine book of renewal business to Everett Cash Mutual. GBLI also announced that it agreed to sell ARIC to Everett Cash Mutual (ECM), which, subject to regulatory approvals and customary transactional conditions, is expected to close in or before the first quarter of 2023. G

Everett Cash Mutual Insurance Company Acquires American Reliable's Farm, Ranch, and Equine Business

BALA CYNWYD, Pa.--(BUSINESS WIRE)--Global Indemnity Group, LLC (NYSE:GBLI) (“GBLI”), announced today that it will release its Second Quarter 2022 earnings before market open on Tuesday, August 9, 2022. GBLI will hold an earnings call to discuss Second Quarter 2022 results on Tuesday, August 9, 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

Global Indemnity Group, LLC Second Quarter 2022 Earnings Release & Conference Call

Global Indemnity Group, LLC (NYSE:GBLI ) Q1 2022 Earnings Conference Call May 9, 2022 11:00 AM ET Corporate Participants Stephen Ries - Head-Investor Relations David Charlton - Chief Executive Officer Tom McGeehan - Chief Financial Officer Conference Call Participants Julia Ferguson – Dowling & Partners Operator Good day, and welcome to Global Indemnity Group LLC's First Quarter 2022 Earnings Conference Call. I would now like to introduce Stephen W.

Global Indemnity Group, LLC (GBLI) CEO David Charlton on Q1 2022 Results - Earnings Call Transcript

BALA CYNWYD, Pa.--(BUSINESS WIRE)--Global Indemnity Group, LLC Reports First Quarter 2022 Results

Global Indemnity Group, LLC Reports First Quarter 2022 Results

BALA CYNWYD, Pa.--(BUSINESS WIRE)--Global Indemnity Group, LLC First Quarter 2022 Earnings Release & Conference Call

Global Indemnity Group, LLC First Quarter 2022 Earnings Release & Conference Call

Global Indemnity Group LLC's (GBLI) CEO David Charlton on Q4 2021 Results - Earnings Call Transcript

BALA CYNWYD, PA / ACCESSWIRE / March 10, 2022 / GBLI Holdings, LLC, a Delaware limited liability company and a subsidiary of Global Indemnity Group, LLC (NYSE:GBLI), today announced that it will redeem all of GBLI Holdings, LLC's outstanding 7.875% Subordinated Notes due 2047 (CUSIP No. 37959R202) (the "Notes") on April 15, 2022 (the "Redemption Date").

GBLI Holdings, LLC to Redeem 7.875% Subordinated Notes due 2047

BALA CYNWYD, PA / ACCESSWIRE / March 10, 2022 / Global Indemnity Group, LLC (NYSE:GBLI) (the "Company") today reported net income available to shareholders of $28.9 million for the year ended December 31, 2021 compared to net loss available to shareholders of ($21.2) million for the corresponding period in 2020. Gross written premiums in 2021 increased 12.4% compared to the corresponding period in 2020.

Global Indemnity Group, LLC Reports Year Ended 2021 Results

BALA CYNWYD, PA / ACCESSWIRE / February 21, 2022 / Global Indemnity Group, LLC (NYSE:GBLI) ("GBLI"), announced today that it will release its 2021 earnings before market open on Thursday, March 10, 2022. GBLI will hold an earnings call to discuss 2021 results on Thursday, March 10, 2022 at 11:00 a.m.

Global Indemnity Group, LLC 2021 Earnings Release & Conference Call

Intercontinental Exchange

NEW YORK--(BUSINESS WIRE)--The NYSE announced that Global Indemnity Group has completed its listing transfer and will begin trading today as an NYSE-listed company.

Global Indemnity Group Completes Listing Transfer to the New York Stock Exchange

BALA CYNWYD, PA / ACCESSWIRE / December 16, 2021 / Global Indemnity Group, LLC (NASDAQ:GBLI) (the "Company") announced today it is transferring the listing of its Class A Common shares and its 7.875% Subordinated Notes Due 2047 to the New York Stock Exchange ("NYSE") from the NASDAQ Global Select Market ("NASDAQ"). The transfers to the NYSE are expected to be effective January 3, 2022 and will trade under the symbols, GBLI and GBLL, respectively.

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