Global Indemnity Group, LLC Third Quarter 2021 Earnings Release & Conference Call streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Global Indemnity: Q1 Earnings Snapshot
May 6, 2021
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GEORGE TOWN, Cayman Islands (AP) Global Indemnity PLC (GBLI) on Wednesday reported first-quarter net income of $5.5 million, after reporting a loss in the same period a year earlier.
The George Town, Cayman Islands-based company said it had profit of 37 cents per share. Earnings, adjusted for investment gains, were 9 cents per share.
The insurance and reinsurance holding company posted revenue of $157.7 million in the period.
Global Indemnity shares have increased roughly 4% since the beginning of the year. The stock has climbed 25% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GBLI at https://www.zacks.com/ap/GBLI
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Global Indemnity poaches CEO of insurance from Chubb
20-04-2021
09-07-2020
Global Indemnity Group has named a new chief executive officer for its insurance operations, bringing to an end a search process its board has been engaged with since January.
David Charlton takes up his new position overseeing Global Indemnity’s insurance businesses, and takes a seat on its board of directors.
Global Indemnity is the parent company of specialty property and casualty (P&C) insurance providers Penn-America Group, United National Group, Diamond State Group, American Reliable Insurance Company and Collectibles Insurance Services.
Charlton has 34 years of experience in the property and casualty (P&C) insurance industry who has particular expertise in excess and surplus, binding authority, small business, and other specialty insurance businesses. In his new role he reports to Global Indemnity’s board of directors via its chairman.