Global Indemnity Group, LLC
For the period ended Dec 31, 2025. Filed Mar 10, 2026.
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FY2025 · Filed Mar 10, 2026
GBLI$22.27+2.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In thousands, except share amounts)
| ASSETS | December 31, 2025 | December 31, 2024 |
|---|---|---|
| Fixed maturities: | ||
| Available for sale, at fair value (amortized cost: $1,330,310 and $1,394,639; net of allowance for expected credit losses of: $0 at December 31, 2025 and 2024) | $1,325,502 | $1,381,908 |
| Equity securities, at fair value | 33,673 | 12,284 |
| Other invested assets | 17,097 | 29,413 |
| Total investments | 1,376,272 | 1,423,605 |
| Cash and cash equivalents | 65,542 | 17,009 |
| Premium receivables, net of allowance for expected credit losses of $3,640 and $3,530 at December 31, 2025 and 2024, respectively | 66,969 | 75,088 |
| Reinsurance receivables, net of allowance for expected credit losses of $1,488 and $8,992 at December 31, 2025 and 2024, respectively | 62,595 | 66,855 |
| Funds held by ceding insurers | 22,114 | 30,026 |
| Deferred income taxes | 20,076 | 22,459 |
| Deferred acquisition costs | 41,183 | 41,136 |
| Intangible assets | 16,845 | 14,103 |
| Goodwill | 4,820 | 4,820 |
| Prepaid reinsurance premiums | 3,607 | 3,320 |
| Receivable for securities | — | 52 |
| Income tax receivable | 2,617 | 825 |
| Lease right of use assets | 8,166 | 9,295 |
| Other assets | 29,956 | 22,660 |
| Total assets | $1,720,762 | $1,731,253 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Liabilities: | ||
| Unpaid losses and loss adjustment expenses | $750,191 | $800,391 |
| Unearned premiums | 182,728 | 183,411 |
| Reinsurance balances payable | 1,860 | 8,181 |
| Payable for securities | 21,594 | — |
| Contingent commissions | 7,159 | 6,826 |
| Lease liabilities | 8,331 | 10,371 |
| Other liabilities | 42,309 | 32,924 |
| Total liabilities | 1,014,172 | 1,042,104 |
| Commitments and contingencies (Note 15) | — | — |
| Shareholders’ equity: | ||
| Series A cumulative fixed rate preferred shares, $1,000 par value; 100,000,000 shares authorized, shares issued and outstanding: 4,000 and 4,000 shares, respectively, liquidation preference: $1,000 per share and $1,000 per share, respectively | 4,000 | 4,000 |
| Common shares: no par value; 900,000,000 common shares authorized; class A common shares issued: 11,844,995 and 11,202,355, respectively, (inclusive of class A common shares designated as class A-2 common shares of 550,000 and 0, respectively); class A common shares outstanding: 10,557,227 and 9,914,587, respectively, (inclusive of class A common shares designated as class A-2 common shares of 550,000 and 0, respectively); class B common shares issued and outstanding: 3,793,612 and 3,793,612, respectively | — | — |
| Additional paid-in capital | 465,720 | 459,578 |
| Accumulated other comprehensive income (loss), net of tax | (4,000) | (10,410) |
| Retained earnings | 273,562 | 268,673 |
| Class A common shares in treasury, at cost: 1,287,768 and 1,287,768 shares, respectively | (32,692) | (32,692) |
| Total shareholders’ equity | 706,590 | 689,149 |
| Total liabilities and shareholders’ equity | $1,720,762 | $1,731,253 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.