Global Indemnity Q2 net income up 8% to $11.1M; Belmont Core premiums grow 7%

Global Indemnity Group, LLC

Net income $11.1M ($0.76/sh) vs $10.3M ($0.71/sh) in Q2 2025; H1 net income $15.3M ($1.05/sh).
Belmont Core gross written premiums grew 7% to $117.3M in Q2; H1 up 3% to $213.7M.
Current accident year combined ratio 94.7% (Q2) and 94.8% (H1); loss ratio improved to 53.8%.
Pretax Adjusted Operating Contribution $19.9M (Q2) and $39.8M (H1); Adjusted ROE 12.1% and 12.6%.
Book value per share $48.28, down from $48.96 at Dec 2025; dividends of $0.70/sh paid in H1.

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