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Global Indemnity: 2Q Earnings Snapshot

August 10, 2020 GMT

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GBLI at https://www.zacks.com/ap/GBLI