Quarterly ResultAug 5, 2026, 08:31 AM
Global Indemnity Q2 Net Income +8% to $11.1M; EPS $0.76
AI Summary
Global Indemnity Group, LLC reported strong financial results for the second quarter and first half of 2026. Net income for Q2 2026 rose 8% to $11.1 million, or $0.76 per share, driven by a 53.8% loss ratio. For the first six months of 2026, net income reached $15.3 million, or $1.05 per share, a significant increase from the prior year. The company also saw Belmont Core gross written premiums grow 7% in the second quarter and 3% for the six-month period, alongside an increase in current accident year underwriting income.
Key Highlights
- Net income for Q2 2026 increased 8% to $11.1 million, or $0.76 per share.
- Net income for H1 2026 was $15.3 million, or $1.05 per share, up from $6.4 million in 2025.
- Belmont Core gross written premiums grew 7% to $117.3 million in Q2 2026.
- Current accident year underwriting income increased 3% to $5.8 million in Q2 2026.
- Combined ratio for Q2 2026 was 95.0%, with a loss ratio of 53.8%.
- Common shareholders’ equity increased to $706.9 million at June 30, 2026.
- Book value per share was $48.28 at June 30, 2026.
- The Company paid dividends of $10.3 million, or $0.70 per common share, in H1 2026.
Price Impact
More from GBLI