Global Indemnity Limited (Nasdaq: GBLI) is a holding company formed in 2016 under the laws of the Cayman Islands. Through its U.S. operating segments of Penn-America Group®, Diamond State Group®, United National Group®, J.H. Ferguson & Associates (VacantExpress.com®) and Collectibles Insurance Services, the Company provides insurance products across a distribution network of binding authority agents, program administrations and wholesale brokers. Six insurance companies, all of which are rated “A" (Excellent) by A.M. Best, hold admitted licenses and surplus lines qualifications in all 50 states and D.C. Global Indemnity’s non-U.S. operating segment, Global Indemnity Reinsurance Company Ltd. in Bermuda, provides reinsurance nationally and internationally and is also rated “A” (Excellent) XI by A.M. Best.
|05/08/18||Global Indemnity Limited Reports First Quarter 2018 Financial Results|
|GEORGE TOWN, Cayman Islands, May 08, 2018 (GLOBE NEWSWIRE) -- Global Indemnity Limited (NASDAQ:GBLI) today reported net income for the three months ended March 31, 2018 of $5.7 million or $0.40 per share. Adjusted operating income, which excludes after-tax realized gains and expenses related to the restructuring of debt, was $11.5 million or $0.81 per share. The combined ratio was 93.6%, a 2.8 point improvement over the same period in 2017. Investment income for the first quarter of 2018 was $... |
|03/05/18||Global Indemnity Limited Announces Quarterly Dividend|
|GEORGE TOWN, Cayman Islands, March 05, 2018 (GLOBE NEWSWIRE) -- Global Indemnity Limited (NASDAQ:GBLI) (“Global Indemnity”) announced today its Board of Directors (the “Board”) has approved a dividend payment of $0.25 per ordinary share to be paid on March 29, 2018 to all shareholders of record as of the close of business on March 21, 2018.
About Global Indemnity Limited and its subsidiaries
Global Indemnity Limited (NASDAQ:GBLI), through its several direct and indirect wholly owned subsi... |
|02/28/18||Global Indemnity Limited Reports 2017 Financial Results.|
|GEORGE TOWN, Cayman Islands, Feb. 28, 2018 (GLOBE NEWSWIRE) -- Global Indemnity Limited (NASDAQ:GBLI) today reported a net loss for the year ended December 31, 2017 of $9.6 million. Excluding losses related to the Texas and Florida hurricanes, the California wildfires, and a one-time tax charge related to the “Tax Cuts and Jobs Act of 2017”, net income would have been $53.5 million. Adjusted operating income, which excludes after-tax realized gains and the one-time tax charge, was $7.2 million... |
|12/27/17||Global Indemnity Limited Announces Additional Share Redemption and Dividend Program|
|GEORGE TOWN, Cayman Islands, Dec. 27, 2017 (GLOBE NEWSWIRE) -- Global Indemnity Limited (NASDAQ:GBLI) announced today that it will acquire on December 29, 2017 3,397,031 of its A ordinary shares for approximately $83 million in the aggregate (approximately $24.44 per share) from former investors in vehicles managed by Fox Paine & Company, LLC.
Global Indemnity also announced the adoption of a dividend program. Although subject to the absolute discretion of the Board of Directors and fac... |
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