---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-133903"
form_type: "8-K"
ticker: "GBLI"
cik: "0001494904"
company_name: "Global Indemnity Group, LLC"
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T09:43:10.786112+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# GBLI Q1 net income jumps to $11.3M from $2.4M; combined ratio improves to 94.9%

## Summary
- EPS diluted $0.82 vs $0.17 YoY; adjusted operating income $10.7M vs $3.7M.
- Gross written premiums fell 24% to $93.5M due to Non-Core runoff; Penn-America core grew 7.1%.
- Combined ratio improved to 94.9% from 101.0%; current accident year loss ratio down 8.2 pts.
- Book value per share $48.18, up 2.1% including dividends; dividend raised 40% to $0.35/share.
- Investment income rose 21% to $14.5M on higher interest rate positioning.

## SEC filing metadata
- accession: 0001193125-24-133903
- form_type: 8-K
- ticker: GBLI
- cik: 0001494904
- company_name: Global Indemnity Group, LLC
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1494904/000119312524133903/0001193125-24-133903-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1494904/000119312524133903/d800470d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-133903
- JSON: https://secwatch.observer/filing/0001193125-24-133903.json
- Plain text: https://secwatch.observer/filing/0001193125-24-133903.txt

## Key facts
- Earnings Releases
  Global Indemnity Group, LLC reported the three months ended March 31, 2024 results: net income $11.3 million, EPS $0.82.
  - Period: the three months ended March 31, 2024
  - Net income: $11.3 million
  - EPS: $0.82
  - Result: reported results
  source text: Global Indemnity Group, LLC Reports First Quarter 2024 Results Wilmington, Del., (May 8, 2024) – Global Indemnity Group, LLC (NYSE:GBLI) (the “Company”) today reported net income available to shareholders of $11.3 million for the three months ended March 31, 2024 compared to $2.4 million for the same period in 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1494904/000119312524133903/0001193125-24-133903-index.htm

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