Global Indemnity: 2Q Earnings Snapshot
GEORGE TOWN, Cayman Islands (AP) _ Global Indemnity PLC (GBLI) on Monday reported second-quarter profit of $37.6 million.
The George Town, Cayman Islands-based company said it had net income of $2.61 per share. Earnings, adjusted for investment gains, came to 52 cents per share.
The insurance and reinsurance holding company posted revenue of $178.8 million in the period.
Global Indemnity shares have dropped 19% since the beginning of the year. The stock has dropped 14% in the last 12 months.