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Global Indemnity Group LLC (GBLI) Q4 2025 Earnings Call Highlights: Strong Underwriting ... [Yahoo! Finance]

Global Indemnity Group, LLC - Class A Common Shares (GBLI) 
Company Research Source: Yahoo! Finance
This article first appeared on GuruFocus Accident Quarter Combined Ratio: 89.3%, producing an underwriting profit of $11 million, improved from 96.6% in the previous year. Net Investment Income: $15.3 million, slightly down from $16.1 million in the prior period. Full Year Accident Year Combined Ratio: 96.2%, including California wildfire losses. Operating Income: $40.2 million, compared to $42.9 million in 2024, excluding unrealized losses on equity securities. Investment Income: $62.7 million, up from $62.4 million in 2024, with an average yield of 4.4%. Corporate Expenses: Increased by $6 million due to personnel costs and professional fees. Calendar Year Underwriting Income: Increased by $5 million, with a combined ratio improvement to 94.6% from 95.6% in 2024. Belmont Core Gross Written Premiums: $401 million, up 9% from $367 million in 2024, excluding terminated products. Penn-America Gross Written Premiums: $256 million, up 3% for the year. Collectibles Gro Show less Read more
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