Global Indemnity Group, LLC Announces Quarterly Distribution
09/23/2022 - 04:15 PM
BALA CYNWYD, Pa. --(BUSINESS WIRE)--
Global Indemnity Group, LLC (NYSE:GBLI) (“GBLI”) announced today its Board of Directors has approved a distribution payment of $0.25 per common share to be paid on October 11, 2022 to all shareholders of record as of the close of business on October 4, 2022 .
About Global Indemnity Group, LLC and its subsidiaries
Global Indemnity Group, LLC (NYSE:GBLI), through its several direct and indirect wholly owned subsidiary insurance companies, provides both admitted and non-admitted specialty property and casualty insurance coverages and individual policyholder coverages in the United States , as well as reinsurance worldwide. Global Indemnity Group , LLC’s four primary business units are:
Small to Middle Market Commercial Business
Commercial Specialty Business
Programs
Reinsurance
For more information, visit the Company’s website at www.gbli.com .
Forward-Looking Information
The forward-looking statements contained in this press release do not address a number of risks and uncertainties. Investors are cautioned that Global Indemnity’s actual results may be materially different from the estimates expressed in, or implied, or projected by, the forward-looking statements. These statements are based on estimates and information available to us at the time of this press release. All forward-looking statements in this press release are based on information available to Global Indemnity as of the date hereof. Please see Global Indemnity’s filings with the Securities and Exchange Commission for a discussion of risks and uncertainties which could impact the company and for a more detailed explication regarding forward-looking statements. Global Indemnity does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.
[1] Disseminated pursuant to the "safe harbor" provisions of Section 21E of the Security Exchange Act of 1934.
View source version on businesswire.com : https://www.businesswire.com/news/home/20220923005025/en/
Media
Stephen W. Ries
sries@gbli.com
Source: Global Indemnity Group, LLC
Global Indemnity Group LLC
GBLI Rankings
#386 Ranked by Stock Gains
GBLI Stock Data
Industry
Direct Property and Casualty Insurance Carriers
Sector
Finance and Insurance
Tags
Finance, Property/Casualty Insurance, Finance and Insurance, Direct Property and Casualty Insurance Carriers
Country
US
City
Bala Cynwyd
About GBLI
global indemnity ltd (nasdaq: gbli), is a holding company formed in 2010 under the laws of ireland. united america indemnity, ltd. is now a wholly owned subsidiary of global indemnity ltd. we offer a broad array of insurance and reinsurance products and services to meet the needs of a diverse customer base. our operating segments, penn-america group®, diamond state group®, united national group®, american reliable insurance company®, j.h. ferguson & associates (vacantexpress.com®), collectibles insurance services, and global indemnity reinsurance company ltd., are providers of specialty property, and casualty coverage for specialty risks, programs, and niches that are generally not offered by standard insurance and reinsurance companies. each of our operating segments targets specific markets and distribution channels, providing the company and our agents opportunities and flexibility in conducting business. global indemnity's multi-channel distribution network consists of u.s. and int
