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0 0 0.00539007092198595 0.000283687943262556 0.0150354609929078 0.0144680851063831 0.0144680851063831 0.0144680851063831
Stock impact report

AM Best Affirms Credit Ratings of Global Indemnity Limited and Its Subsidiaries

Global Indemnity Group, LLC Class A (DE) (GBLI) 
Company Research Source: Business Wire
OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” of Global Indemnity Reinsurance Company, Ltd. (Global Indemnity Re) (Hamilton, Bermuda) and its U.S. subsidiaries. Concurrently, AM Best has affirmed the Long-Term ICR of “bbb” of Global Indemnity Re’s ultimate parent holding company, Global Indemnity Limited (Global Indemnity) (Cayman Islands) [NASDAQ: GBLI]. Additionally, AM Best has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of “bbb-” on Global Indemnity’s $100 million 7.75% subordinated notes offering due 2045, and the $130 million 7.875% subordinated note offering due 2047, as well as the indicative Long-Term IRs on its shelf registration of “bbb” on senior unsecured debt, “bbb-” on subordinated unsecured debt and “bb+” on the preferred stock. The outlook of these Cre Show less Read more
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