Global Indemnity Q3 2025: Operating income rises 19% to $15.7M; underwriting income +54%

Global Indemnity Group, LLC

2025-Q3 EPS reported $1.30 revenue$333,369,000

Operating income up 19% to $15.7M ($1.08/sh) from $13.2M ($0.95) in Q3 2024; net income $12.4M ($0.86).
Current accident year underwriting income +54% to $10.2M; combined ratio improved to 90.4% from 93.5%.
Gross written premiums +9% to $108.4M; Wholesale Commercial +10%, Assumed Reinsurance +58%.
Book value per share $48.88 (+1.8% from June 30); shareholders' equity $704.1M; dividend $0.35/sh.
Acquired Sayata (AI digital distribution); rebranded Penn-America as Katalyx; listing to Nasdaq Nov 4.

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