Global Indemnity Group, LLC Announces Quarterly Distribution

Rhea-AI Summary

Global Indemnity Group (NYSE:GBLI) has announced a quarterly distribution of $0.35 per common share. The distribution will be paid on March 28, 2025 to shareholders of record as of the close of business on March 21, 2025.

Positive

• Maintaining quarterly distribution payments, indicating financial stability

Negative

• None.

WILMINGTON, Del.--(BUSINESS WIRE)-- Global Indemnity Group, LLC (NYSE:GBLI) (“GBLI”) announced today its Board of Directors has approved a distribution payment of $0.35 per common share to be paid on March 28, 2025 to all shareholders of record as of the close of business on March 21, 2025.

About Global Indemnity Group, LLC and its subsidiaries

Global Indemnity Group, LLC (NYSE:GBLI) provides diversified offerings for both specialty property and casualty insurance in the Excess & Surplus Lines market through its subsidiaries. Belmont Holdings GX, LLC, is an insurance holding company that manages its core and non-core insurance portfolios through its wholly owned specialty insurance companies. Its distribution and specialized services group, Penn-America Underwriters, LLC, focuses on the underwriting, growth and distribution of insurance products, technology services, and claim services supporting its policyholders and agents.

For more information, visit the Company’s website at www.gbli.com.

Forward-Looking Information

The forward-looking statements contained in this press release¹ do not address a number of risks and uncertainties. Investors are cautioned that Global Indemnity’s actual results may be materially different from the estimates expressed in, or implied, or projected by, the forward looking statements. These statements are based on estimates and information available to us at the time of this press release. All forward-looking statements in this press release are based on information available to Global Indemnity as of the date hereof. Please see Global Indemnity’s filings with the Securities and Exchange Commission for a discussion of risks and uncertainties which could impact the Company and for a more detailed explication regarding forward-looking statements. Global Indemnity does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.

[1] Disseminated pursuant to the "safe harbor" provisions of Section 21E of the Security Exchange Act of 1934.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250306662427/en/

Brian Riley

Chief Financial Officer

(610) 660-6817

briley@gbli.com

Source: Global Indemnity Group, LLC

FAQ

What is the amount of Global Indemnity Group's (GBLI) latest quarterly distribution?

GBLI's latest quarterly distribution is $0.35 per common share.

When will GBLI pay its next quarterly distribution?

The distribution will be paid on March 28, 2025.

What is the record date for GBLI's March 2025 distribution?

The record date is March 21, 2025, at the close of business.

How often does Global Indemnity Group (GBLI) pay distributions?

Based on this announcement, GBLI pays distributions on a quarterly basis.