Global Indemnity Group, LLC Q2 FY26 Results

Summary

Global Indemnity Group, LLC reported financial results for the second quarter and first half of 2026. For the quarter, net income increased by 8% to $11.1 million ($0.76 per share), driven by a 7% growth in Belmont Core gross written premiums to $117.3 million and a combined ratio of 94.7%. For the six months, net income significantly increased to $15.3 million ($1.05 per share) from $6.4 million ($0.43 per share) in the prior year, with Belmont Core gross written premiums up 3% to $213.7 million. The company also highlighted an increase in common shareholders' equity and dividend payments.

Key Highlights

1. 1

   For the three months ended June 30, 2026, net income was $11.1 million, or $0.76 per share, an increase from $10.3 million, or $0.71 per share, in the prior year.

2. 2

   Belmont Core gross written premiums grew 7% to $117.3 million for the second quarter of 2026.

3. 3

   Current accident year underwriting income increased 3% to $5.8 million for the quarter, with a loss ratio of 53.8% and a combined ratio of 94.7%.

4. 4

   For the six months ended June 30, 2026, net income was $15.3 million, or $1.05 per share, compared to $6.4 million, or $0.43 per share, in 2025.

5. 5

   Belmont Core gross written premiums grew 3% to $213.7 million for the six months ended June 30, 2026.

6. 6

   Common shareholders’ equity increased to $706.9 million at June 30, 2026 from $702.6 million at December 31, 2025, growing 2% before the return of $10.3 million to shareholders.

7. 7

   The Company paid dividends of $10.3 million, or $0.70 per common share, during the six months ended June 30, 2026.