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Global Indemnity Group Llc  (GBLI)
Other Ticker:  
 
 
Price: $31.9000 $0.06 0.188%
Day's High: $31.9 Week Perf: 3.71 %
Day's Low: $ 30.21 30 Day Perf: -1.85 %
Volume (M): 1 52 Wk High: $ 37.00
Volume (M$): $ 22 52 Wk Avg: $32.33
Open: $30.21 52 Wk Low: $25.74



 Market Capitalization (Millions $) 441
 Shares Outstanding (Millions) 14
 Employees 460
 Revenues (TTM) (Millions $) 613
 Net Income (TTM) (Millions $) 43
 Cash Flow (TTM) (Millions $) -33
 Capital Exp. (TTM) (Millions $) 0

Global Indemnity Group Llc
Global Indemnity, one of the leading specialty property and casualty insurers in the industry, provides its insurance products across a distribution network that includes binding authority, program, brokerage, and reinsurance. Starting in the 1st quarter of 2015, the Company manages the distribution of these products through three reportable business segments: Commercial Lines, managed in Bala Cynwyd, PA, offers specialty property and casualty products designed for product lines such as Small Business Binding Authority, Property Brokerage, and Programs; Personal Lines, managed in Scottsdale, AZ, offers specialty personal lines and agricultural coverage; and Reinsurance Operations, managed in Bermuda, provides reinsurance solutions through brokers and primary writers including insurance and reinsurance companies. The Commercial Lines and Personal Lines segments comprise the Company’s U.S. Insurance Operations (“Insurance Operations”).

Prior to 2015, the Commercial Lines segment was known as Insurance Operations segment. With the acquisition of American Reliable, the Insurance Operations segment was renamed to Commercial Lines segment. The newly acquired American Reliable became the Company’s Personal Lines segment. For segment reporting, the values for 2013 and 2014 did not change for Commercial Lines and Reinsurance Operations.

Global Indemnity plc was incorporated on March 9, 2010 and is domiciled in Ireland as a public limited company. In July 2010, Global Indemnity replaced the Company’s predecessor, United America Indemnity, Ltd., a Cayman Island company, as the ultimate parent company as a result of a re-domestication transaction. The Company’s A ordinary shares are publicly traded on the NASDAQ Global Select Market under the trading symbol “GBLI.”

The Company’s U.S. Insurance Operations distribute property and casualty insurance products. Its Personal Lines operate primarily in the admitted marketplace; whereas, its Commercial Lines operate predominantly in the excess and surplus lines marketplace. To manage its operations, the Company seeks to differentiate its products by product classification. The U.S. Insurance Operations are licensed to write on a surplus lines (non-admitted) basis and/or an admitted basis in all 50 U.S. States, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands, which provides the Company with flexibility in designing products and programs, and in determining rates to meet emerging risks and discontinuities in the marketplace.


The Company’s Reinsurance Operations offer third party treaty reinsurance for specialty property and casualty insurance companies and reinsurance companies as well as professional liability products to companies. The Company’s Reinsurance Operations also provide reinsurance to its Insurance Operations in the form of quota share and stop-loss arrangements.



   Company Address: 112 S. French Street Wilmington 19801
   Company Phone Number: 691-6276   Stock Exchange / Ticker: NYSE GBLI
   


Customers recorded net loss Customers recorded net loss



• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
AIG   -1.7%    
ALL   -1.61%    
BRKA   -1.61%    
HIG   -2.57%    
PGR   -1.55%    
TRV   -2.99%    
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Global Indemnity Group Llc

Global Indemnity Group Llc's Dire Finances Sink Investments As Profits Plunge

The recent financial report for Global Indemnity Group Llc has shown a decline in profitability and a negative return on investment. These figures are concerning for investors and indicate that caution should be exercised when considering investing in this company.
The cumulative net loss of $-1 million during the 12 months ending in the first quarter of 2023 resulted in a negative ROI of -0.05%. Additionally, within the Financial sector, 534 other companies had a higher ROI. This indicates that there are better investment opportunities within the same sector.






 

Global Indemnity Group Llc's Segments
 
 
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