Global Indemnity 3Q 2026: Revenue $112.94M, EPS $0.61 — 10-Q Summary
Less than 1 min read
Global Indemnity’s third-quarter revenue and net income declined year over year. Lower net investment income, reduced net earned premiums and a smaller loss on realized investments weighed on revenue; higher losses and operating expenses also contributed to lower earnings.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $112.94M | $114.2M | (1.1%) |
| Net income² | $8.87M | $12.52M | (29.1%) |
| Diluted EPS³ | $0.61 | $0.86 | (29.1%) |
¹ Reported as “Total revenues”. ² Reported as “Net income”. ³ Reported as “Diluted”.
Business Highlights
- Underwriting: The combined ratio rose to 94.9% from 90.6%, as the loss ratio increased to 53.0% from 50.1%.
- Belmont Core: Segment income was $3.9M, down from $6.5M; its current accident year combined ratio increased to 94.7% from 90.7%.
- Premiums: Gross written premiums decreased 5.2% to $102.8M; Belmont Core premiums fell 5.5% amid competitive conditions and property rate reductions.
- Product trends: Collectibles premiums grew 13.8% and Vacant Express grew 1.0%; Specialty Products declined 9.5% as products were terminated and competition weighed.
Original SEC Filing: Global Indemnity Group, LLC [ GBLI ] - 10-Q - Nov. 05, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.