Global Indemnity Group LLC Class A (GBLI)

In Q2 2024, GBLI reported an 83% increase in net income and AM Best affirmed its 'A' rating. In Q3 2025, the company announced a 54% growth in current accident year underwriting income and a 19% increase in operating income, along with the acquisition of Sayata. A quarterly dividend of $0.35 per common share was paid on October 6, 2025, and another is estimated for December 31, 2025. CEO Joseph Brown acquired 5,000 shares on November 25, 2025, continuing a trend of insider buying. One Wall Street analyst has issued a 'Hold' rating for GBLI.

The property and casualty insurance industry, including Global Indemnity Group LLC, experiences cyclical demand influenced by economic activity and catastrophic events. While specific seasonality for GBLI's products is not explicitly detailed, the broader insurance market fluctuates with economic cycles. The company's focus on specialty niche businesses may offer some insulation from broader market cycles, but the underlying demand for insurance products can still be influenced by economic conditions.

Global Indemnity Group LLC (GBLI) provides specialty property and casualty insurance and reinsurance products and services, focusing on small to middle-market businesses. Its offerings include wholesale commercial insurance, various programs, assumed reinsurance, and insurtech products, serving diverse markets through a wide agent network.

Global Indemnity Group LLC's geographic presence primarily includes various states across the United States, where it targets underserved markets. Its insurance subsidiaries are licensed in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. The company also has an office in Cavan, Ireland and operates globally, offering specialty insurance and reinsurance solutions.

Global Indemnity Group LLC maintains an 'A' (Excellent) AM Best group rating for its U.S. insurance subsidiaries, reflecting a strong balance sheet, adequate operating performance, neutral business profile, and appropriate enterprise risk management. The company emphasizes disciplined underwriting practices, a customer-centric approach, and a commitment to integrity. GBLI has exited more volatile non-core business segments to focus on its core competencies, which is expected to lead to a more consistent earnings pattern and positively impact its reputation for stable performance.

Global Indemnity Group LLC's ownership is a mix of institutional, retail, and individual investors. Institutional investors own approximately 37.40% to 57.14% of the stock, with major holders including Fox Paine & Company, L.L.C. Individual insiders own about 7.03% of the shares, with Saul Fox holding a significant portion. CEO Joseph Brown directly owned 179,904 shares as of November 25, 2025. The general public owns about 11.1% of the shares.