GBLI reports Q3 2022 net income $23.6M vs loss $7.8M; combined ratio improves to 96.9%

Global Indemnity Group, LLC

2022-Q3 EPS reported -$0.24 revenue$472,899,000

Q3 net income $23.6M ($1.60/sh) vs net loss $7.8M ($0.54/sh) in Q3 2021.
Continuing Lines combined ratio improved to 96.9% (loss 58.3%, expense 38.6%) from 100.8%.
Sold Farm, Ranch & Stable renewal rights for $30M; American Reliable sale for ~$10M expected Q1 2023.
Joseph W. Brown appointed CEO; $32M stock repurchase program authorized.
Fixed income duration cut to 1.7 yrs; book yield up to 3.1%; $33.1M YTD realized losses.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Global Indemnity Group, LLC reported the third quarter ended September 30, 2022 results: net income $23.6 million, or $1.60 per share, EPS $1.60.

Period: the third quarter ended September 30, 2022
Net income: $23.6 million, or $1.60 per share
EPS: $1.60
Result: reported results

Exact text from the filing

The Company generated net income to shareholders of $23.6 million, or $1.60 per share, for the three months ended September 30, 2022

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

Global Indemnity Group, LLC filing history →

Source: SEC EDGAR

accession 0001193125-22-279749

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.