Global Indemnity Group, LLC Announces Quarterly Distribution
June 06 2024 - 4:05PM
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 June 28, 2024 to all shareholders of
record as of the close of business on June 21, 2024.
About Global Indemnity Group, LLC and its
subsidiaries
Global Indemnity Group, LLC (NYSE:GBLI), through its several
direct and indirect wholly owned subsidiary insurance companies,
provides both admitted and non-admitted specialty property and
specialty casualty insurance coverages and individual policyholder
coverages in the United States, as well as reinsurance worldwide.
The insurance companies manage the distribution of the Company's
core product offerings through Penn-America. The Company also has a
Non-Core Operations segment that contains lines of business that
have been de-emphasized or are no longer being written.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240606724376/en/
Media Stephen W. Ries Head of Investor Relations (610)
668-3270 sries@gbli.com
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