Global Indemnity LLC | 8-K: FY2025 Q3 Revenue Misses Estimate at USD 114.2 M
Revenue: As of FY2025 Q3, the actual value is USD 114.2 M, missing the estimate of USD 121.55 M.
EPS: As of FY2025 Q3, the actual value is USD 0.86, beating the estimate of USD 0.76.
Operating Income
Operating income increased 19% to $15.7 million or $1.08 per share for the third quarter of 2025, compared to $13.2 million or $0.95 per share for the same period in 2024.
Net Income
Net income available to common shareholders was $12.4 million or $0.86 per share for the third quarter of 2025, compared to $12.7 million or $0.92 per share for the same period in 2024.
Underwriting Income
Current accident year underwriting income increased 54% to $10.2 million for the third quarter of 2025, compared to $6.6 million for the same period in 2024.
Gross Written Premiums
Gross written premiums increased 9% to $108.4 million in the third quarter of 2025, compared to $99.8 million for the same period in 2024. Excluding terminated products, gross written premiums increased 13% to $108.5 million in 2025 compared to $96.4 million in 2024.
Investment Income
Net investment income increased 9% to $17.9 million in the third quarter of 2025, compared to $16.5 million for the same period in 2024.
Combined Ratio
The current accident year combined ratio was 90.4% for the third quarter of 2025, compared to 93.5% for the same period in 2024.
Shareholders’ Equity
Shareholders’ equity increased to $704.1 million at September 30, 2025, compared to $695.3 million at June 30, 2025.
Outlook / Guidance
The company announced the transfer of its class A common shares listing to the Nasdaq Global Select Market, expected to begin trading on November 4, 2025, under the ticker “GBLI”.
