Yesterday, the President of Global Indemnity (GBLI), Stephen Green, bought shares of GBLI for $102K.
Following this transaction Stephen Green’s holding in the company was increased by 15.99% to a total of $769.3K.
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Based on Global Indemnity’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $176 million and quarterly net profit of $29.03 million. In comparison, last year the company earned revenue of $113 million and had a GAAP net loss of $73.32 million. The company has a one-year high of $34.65 and a one-year low of $23.67. GBLI’s market cap is $354.5M and the company has a P/E ratio of 6.87.
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Global Indemnity Ltd. is a holding company, which engages in the provision of insurance and reinsurance products and services. It operates its business through the following segments: Commercial Lines, Personal Lines, and Reinsurance Operations. The Commercial Lines segment distributes property and casualty insurance products.
