Global Indemnity Group Reports 19% Rise in Q3 Operating Income

Reuters
2025/10/30
Global Indemnity Group Reports 19% Rise in Q3 Operating Income

Global Indemnity Group LLC reported financial results for the third quarter and first nine months ended September 30, 2025. For the third quarter of 2025, operating income increased by 19% to $15.7 million, or $1.08 per share, compared to $13.2 million, or $0.95 per share, for the same period in 2024. Net income available to common shareholders was $12.4 million, or $0.86 per share, versus $12.7 million, or $0.92 per share, in the third quarter of 2024. Gross written premiums for the third quarter rose to $108.4 million from $99.8 million in the prior year period. Net written premiums increased to $105.5 million from $97.2 million. Investment income reached $17.9 million, up from $16.5 million. Underwriting income for the quarter was $10.0 million compared to $5.8 million in the previous year. Current accident year underwriting income rose 54% to $10.2 million, driven by property loss ratio performance. For the nine months ended September 30, 2025, gross written premiums totaled $313.8 million, up from $294.0 million in 2024. Net written premiums were $305.3 million versus $287.0 million. Investment income for the nine-month period was $47.4 million, compared to $46.3 million. Underwriting income was $5.3 million, down from $14.6 million in the prior year, while current accident year underwriting income was $5.4 million compared to $15.3 million. The company noted the impact of California Wildfires on net losses and loss adjustment expenses during the reporting period.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Global Indemnity Group LLC published the original content used to generate this news brief via Business Wire (Ref. ID: 20251030539696) on October 30, 2025, and is solely responsible for the information contained therein.

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