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..
|03/16/17||Global Indemnity Limited Announces Pricing of $120 Million Subordinated Note Offering|
|GEORGE TOWN, Cayman Islands, March 16, 2017 (GLOBE NEWSWIRE) -- Global Indemnity Limited (NASDAQ:GBLI) (the "Company" or "Global Indemnity") today announced the pricing of an offering of $120 million of its 7.875% Subordinated Notes due 2047 (the "2047 Notes"). The Company has granted the underwriters a 30-day option, expiring on April 15, 2017, to purchase up to an additional $18 million of the 2047 Notes from the Company on the same terms and conditions. The Company expects the offering to c... |
|03/02/17||Global Indemnity Limited Reports 2016 Financial Results|
|GEORGE TOWN, Cayman Islands, March 02, 2017 (GLOBE NEWSWIRE) -- Global Indemnity Limited (NASDAQ:GBLI) today reported net income for the year ended December 31, 2016 of $49.9 million or $2.84 per share. Operating income was $35.8 million for the year ended December 31, 2016. As of December 31st, book value per share was $45.42, an increase of 5.7 %, compared to book value per share of $42.98 at December 31, 2015.
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|11/07/16||Global Indemnity Completes Redomestication to the Cayman Islands|
|GEORGE TOWN, Cayman Islands, Nov. 07, 2016 (GLOBE NEWSWIRE) -- Global Indemnity plc (NASDAQ:GBLI) announced today that it has completed its redomestication to change the ultimate holding company of the Global Indemnity group of companies from an entity incorporated in Ireland to an entity incorporated in the Cayman Islands. As previously announced, the name of the new holding company is Global Indemnity Limited.
Global Indemnity Limited is registered with the Securities and Exchange Commis... |
|11/03/16||Global Indemnity plc Reports Third Quarter 2016 Financial Results|
|DUBLIN, Ireland, Nov. 03, 2016 (GLOBE NEWSWIRE) -- Global Indemnity plc (NASDAQ:GBLI) today reported net income for the nine months ended September 30, 2016 of $11.5 million or $0.66 per share and operating income of $17.3 million or $0.99 per share. As of September 30th, book value per share was $44.55, an increase of 3.7% compared to book value per share of $42.98 at December 31, 2015.
Selected Operating and Balance Sheet Data (Dollars in millions, except per share data)
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