Global Indemnity Group Announces Quarterly Distribution
February 16 2021 - 7:30AM
Global Indemnity Group, LLC (NASDAQ:GBLI) (the “Company”) announced
today its Board of Directors has approved a distribution payment of
$0.25 per common share to be paid on March 31, 2021 to all
shareholders of record as of the close of business on March 22,
2021.
About Global Indemnity Group, LLC and its
subsidiaries
Global Indemnity Group, LLC (NASDAQ:GBLI), through its several
direct and indirect wholly owned subsidiary insurance companies,
provides both admitted and non-admitted specialty property and
casualty insurance coverages and individual policyholder coverages
in the United States, as well as reinsurance worldwide. Global
Indemnity Group, LLC’s four primary segments are:
- Commercial Specialty
- Specialty Property
- Farm, Ranch, & Stable
- Reinsurance
For more information, visit the Company’s
website at http://www.global-indemnity.com.
Forward-Looking Information
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. The
forward-looking statements contained in this press release[1] do
not address a number of risks and uncertainties, including
COVID-19. Forward-looking statements in this press release include,
but are not limited to, the Company’s cash distribution. These
statements are based on current expectations as of the time of this
press release and involve a number of risks, uncertainties and
assumptions, including those described in the Company’s filings
with the Securities and Exchange Commission. Investors are
cautioned that it is not possible for the Company to predict all
risks, nor can we assess the impact of all factors on its business
or to the extent to which any factor, or combination of factors,
may cause actual results to differ materially from those contained
in any forward-looking statements we may make. In light of these
risks, uncertainties and assumptions, the forward-looking events
and circumstances discussed in this press release may not occur and
actual results could differ materially and adversely from those
anticipated or implied in the forward-looking statements. All
forward-looking statements in this press release are based on
information available to the Company as of the date hereof. Please
see the Company’s filings with the Securities and Exchange
Commission for a discussion of risks and uncertainties which could
impact the company and for a more detailed explication regarding
forward-looking statements. The Company does not assume any
obligation to update the forward-looking statements provided to
reflect events that occur or circumstances that exist after the
date on which they were made.
[1] Disseminated pursuant to the “safe harbor”
provisions of Section 21E of the Security Exchange Act of 1934.
Contact:
MediaStephen W. RiesSenior
Corporate Counsel & Secretary(610)
668-3270sries@global-indemnity.com
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