Global Indemnity Group, LLC (GBLI)
Global Indemnity Group, LLC operates in the Insurance - Property & Casualty industry of the Financial Services sector, headquartered in Bala Cynwyd, PA, US. The stock last traded at $28.13, up 1.05% on the session, giving a market capitalisation of $403.4M. On trailing twelve-month figures it carries a trailing P/E of 11.92, a net margin of 7.5%. Its beta of 0.42 implies it has historically moved less than the broad market.
Global Indemnity Group, LLC, an international entity, provides specialized property and casualty insurance as well as reinsurance services through its subsidiary companies. The organization's operations are divided across three primary business areas: Commercial Specialty, Farm, Ranch, & Stable, and Reinsurance Operations. The Commercial Specialty division distributes various coverages, including property, general liability, casualty, and professional lines products. These offerings reach clients through a network of wholesale general agents and program administrators. The Farm, Ranch, & Stable segment caters to the agricultural sector, supplying commercial farm auto and excess/umbrella insurance. It also offers specialized, admitted insurance products for equine mortality and major medical issues within the horse industry. Distribution for this segment occurs via wholesalers and retail agents. Finally, the Reinsurance Operations segment focuses on delivering third-party treaty reinsurance for casualty insurers and other reinsurance companies. Additionally, it provides professional liability products to corporations, with sales primarily conducted through brokers. Established in 2003, Global Indemnity Group, LLC's corporate headquarters are situated in Bala Cynwyd, Pennsylvania.
Global Indemnity Group, LLC is most often compared with the following Financial Services names: