---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-066432"
form_type: "8-K"
ticker: "GBLI"
cik: "0001494904"
company_name: "Global Indemnity Group, LLC"
filed_at: "2024-03-13T23:59:59+00:00"
generated_at: "2026-06-04T22:09:01.644843+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Global Indemnity posts $25M net income in 2023; adj. EPS $1.96, up 125%; dividend raised 40%

## Summary
- Net income available to shareholders $25.0M vs net loss $1.3M in 2022; diluted EPS $1.83 vs ($0.09).
- Adjusted operating income per share $1.96, up 125% from $0.87; Penn-America accident year combined ratio 95.2%.
- Net investment income $55.4M (+101% YoY); fixed income book yield rose to 4.0% from 2.3%.
- Quarterly dividend increased 40% to $0.35/share, payable March 28, 2024; book value per share up 8.2% to $47.53.
- Non-core operations gross written premium reduced 86%; calendar year combined ratio improved to 87.9% from 101.1%.

## SEC filing metadata
- accession: 0001193125-24-066432
- form_type: 8-K
- ticker: GBLI
- cik: 0001494904
- company_name: Global Indemnity Group, LLC
- filed_at: 2024-03-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1494904/000119312524066432/0001193125-24-066432-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1494904/000119312524066432/d768899d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-066432
- JSON: https://secwatch.observer/filing/0001193125-24-066432.json
- Plain text: https://secwatch.observer/filing/0001193125-24-066432.txt

## Key facts
- Earnings Releases
  Global Indemnity Group, LLC reported the twelve months ended December 31, 2023 results: revenue $ 473.4, net income $ 25.0, EPS $ 1.83.
  - Period: the twelve months ended December 31, 2023
  - Revenue: $ 473.4
  - Net income: $ 25.0
  - EPS: $ 1.83
  - Result: reported results
  source text: For the Twelve Months Ended December 31, 2023 2022 Gross Written Premiums $ 416.4 $ 727.6 Net Written Premiums $ 399.3 $ 591.3 Net Earned Premiums $ 473.4 $ 602.5 Net income (loss) available to shareholders $ 25.0 $ (1.3 ) Net income (loss) available to shareholders per share $ 1.83 $ (0.09 )
  evidence_url: https://www.sec.gov/Archives/edgar/data/1494904/000119312524066432/0001193125-24-066432-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.