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Stock impact report

Global Indemnity Limited Reports First Quarter 2019 Financial Results

Global Indemnity Group, LLC Class A (DE) (GBLI) 
Company Research Source: GlobeNewswire
GEORGE TOWN, Cayman Islands, May 03, 2019 (GLOBE NEWSWIRE) -- Global Indemnity Limited (NASDAQ:GBLI) today reported net income for the three months ended March 31, 2019 of $19.6 million or $1.37 per share, an increase of $13.9 million or 244%, compared to the same period in 2018. Gross Premiums Written increased by 14.5% to $142.2 million for the three months ended March 31, 2019, from $124.2 million for the same period in 2018. The combined ratio was 88.5%, a 5.1 point improvement over the same period in 2018.  Book value per share increased by 6.0% (net of Company dividends of $0.25 per share to shareholders) during the quarter, from $44.21 per share at December 31, 2018 to $46.86 per share at March 31, 2019.  Selected Operating and Balance Sheet Information(Dollars in millions, except per share data)  For the Three MonthsEnded March 31, As ofMarch 31, As ofDecember 31, 2019 2018   2019   2018        Gross Premiums Written$142.2  $124.2 Book value per share Show less Read more
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