|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.
Selected Operating and Balance Sheet Data (Dollars in millions, except per sh... |