Global Indemnity Group LLC (N:GBLI)
Business Focus: Property & Casualty Insurance
| Sector: Financials | Industry: Property & Casualty Insurance |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 3 Bala Plaza East, Suite 300 BALA CYNWYD PA 19004 |
| Tel: | 1-302-6916276 |
| Website: | https://gbli.com |
| IR: | See website |
| Key People | ||
| Joseph W. Brown Chief Executive Officer, Director | Thomas M. Mcgeehan Chief Financial Officer, Executive Vice President - Finance | Jonathan E. Oltman President of Insurance Operations |
| Thomas P. Gibbons Executive Vice President, Chief Actuary | David C. Elliott Senior Vice President - Claims | |
| Business Overview |
| Global Indemnity Group, LLC provides both admitted and non-admitted specialty property and specialty casualty insurance coverages and individual policyholder coverages in the United States. The Company operates through three segments: Commercial Specialty, Reinsurance Operations and Exited Lines. The Company's Commercial Specialty segment distributes specialty property and casualty insurance products and operates predominantly in the excess and surplus lines, or non-admitted, marketplace. The Reinsurance Operations segment writes casualty treaties as well as individual excess policies. The Exited Lines includes specialty personal lines property and property and casualty products, such as manufactured home, dwelling, motorcycle, watercraft, certain homeowners' business, property brokerage, property and catastrophe reinsurance treaties, several smaller casualty lines, and the farm, ranch and equine business. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Global Indemnity Group LLC revenues decreased 19% to $528.1M. Net income applicable to common stockholders totaled $25M vs. loss of $1.3M. Revenues reflect decrease in net premium earned. Net Income reflects G/L on early Exting of lease relat debt decrease from $3.5M (expense) to $0K, Interest expense decrease from $3M (expense) to $0K. Dividend per share remained flat at $1.00. |
| Employees: | 266 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $406.83M as of Dec 31, 2023 |
| Annual revenue (TTM): | $528.13M as of Dec 31, 2023 |
| EBITDA (TTM): | $221.79M as of Dec 31, 2023 |
| Net annual income (TTM): | $24.99M as of Dec 31, 2023 |
| Free cash flow (TTM): | $28.20M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 13,578,930 as of Mar 5, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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