earnings
confidence high
sentiment positive
materiality 0.75
Global Indemnity nine-month net income up 77% to $33.9M; book value up 7.1%
Global Indemnity Group, LLC
2024-Q3 EPS reported
$2.48
revenue$332,739,000
- Q3 net income $12.7M ($0.92 diluted EPS) vs $7.6M; nine-month net income $33.9M ($2.48 EPS), up 77%.
- Book value per share $49.88 (up 7.1% with dividends); annualized ROE 9.8% vs 5.2%.
- Current accident year underwriting income $15.3M vs $5.0M; Penn-America combined ratio 93.9% vs 100.9%.
- Investment income $46.3M (+18%); catastrophe losses down 35% to $10.3M; AM Best affirmed A rating.