Global Indemnity Group, LLC

NasdaqGS:GBLI Stock Report

Market Cap: US$389.5m

Global Indemnity Group Management

Management criteria checks 2/4

Global Indemnity Group's CEO is Jay Brown, appointed in Oct 2022, has a tenure of 3.67 years. total yearly compensation is $4.00M, comprised of 25% salary and 75% bonuses, including company stock and options. directly owns 1.23% of the company’s shares, worth $4.80M. The average tenure of the management team and the board of directors is 3.7 years and 2.3 years respectively.

Key information

Jay Brown

Chief executive officer

US$4.0m

Total compensation

CEO salary percentage24.99%
CEO tenure3.7yrs
CEO ownership1.2%
Management average tenure3.7yrs
Board average tenure2.3yrs

Recent management updates

Recent updates

Narrative Update May 21

GBLI: Higher Revenue Outlook And Richer Future P/E Support Bullish Upside

Analysts have maintained their $49.00 price target for Global Indemnity Group, citing updated expectations for revenue growth, profit margins, and a higher assumed future P/E multiple that together support their current valuation view. What's in the News From January 1, 2026 to March 31, 2026, Global Indemnity Group reported no share repurchases, with 0 shares bought back for $0 million under its ongoing program announced on October 21, 2022 (Key Developments).
Narrative Update May 05

GBLI: Completed Buyback And Stable Model Assumptions Will Support Future Re Rating Potential

Analysts kept their $49.00 price target for Global Indemnity Group unchanged, citing only small model tweaks to the discount rate, revenue growth, profit margin, and future P/E assumptions rather than any broad shift in outlook. What's in the News From October 1, 2025 to December 31, 2025, Global Indemnity Group reported no share repurchases under its existing buyback program, with 0 shares repurchased for $0 million over that period (Key Developments).
Narrative Update Apr 20

GBLI: Completed Buyback And Stable Assumptions Will Support Future Re Rating Potential

Analysts have maintained their $49.00 price target for Global Indemnity Group, citing consistent assumptions regarding the discount rate, revenue growth, profit margin, and future P/E as the basis for their view. What's in the News From October 1, 2025 to December 31, 2025, Global Indemnity Group reported no share repurchases under its existing buyback program, with 0 shares repurchased for $0 million during this period (Key Developments).
Narrative Update Apr 04

GBLI: Ongoing Buyback Program Will Support Future Re Rating Potential

Analysts have maintained their price target for Global Indemnity Group at $49.00, reflecting unchanged views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News Global Indemnity Group reported that from October 1, 2025 to December 31, 2025, it repurchased 0 shares for $0 million under its existing share buyback program, representing 0% of shares during that period (Key Developments).
Narrative Update Mar 21

GBLI: Higher Growth Assumptions Will Support Re Rating Potential

Analysts have trimmed their price target on Global Indemnity Group to $49 from $55, as updated assumptions point to a different balance between revenue growth, profit margins, discount rate, and future P/E expectations. Valuation Changes Fair Value: Trimmed from $55 to $49, indicating a lower central estimate for the shares.
Seeking Alpha Dec 23

Global Indemnity: Overlooked, Profitable, And Renewed

Summary Global Indemnity is an overlooked, profitable, small-cap insurer. A successful reorganization is coming to an end as legacy policies run off. Growth has returned in recent quarters, as core business expansion exceeded legacy segment drag. At a Price-to-Book of less than 1x, it is deeply undervalued. Read the full article on Seeking Alpha
Analysis Article Dec 08

Global Indemnity Group (NASDAQ:GBLI) Will Pay A Dividend Of $0.35

The board of Global Indemnity Group, LLC ( NASDAQ:GBLI ) has announced that it will pay a dividend of $0.35 per share...
Analysis Article Sep 15

Global Indemnity Group's (NYSE:GBLI) Dividend Will Be $0.35

Global Indemnity Group, LLC ( NYSE:GBLI ) will pay a dividend of $0.35 on the 6th of October. This makes the dividend...
User avatar
New Narrative Sep 24

Navigating Challenges To Harness Reinsurance And Digital Innovation For Robust Growth

Expansion into niche markets and digital transformation initiatives are poised to significantly enhance revenue from reinsurance and improve operational efficiencies.
Analysis Article Dec 13

Global Indemnity Group (NYSE:GBLI) Is Paying Out A Dividend Of $0.25

The board of Global Indemnity Group, LLC ( NYSE:GBLI ) has announced that it will pay a dividend of $0.25 per share on...
Seeking Alpha Nov 20

Global Indemnity: One Step At A Time

Summary Global Indemnity is a small cap insurer offering specialty property and casualty insurance. The company has hired an investment banker to explore potential deals, indicating a possible sale in the future. However, be mindful that the company has controlling shareholder. While Q3 results were not stellar, book value continued to grow, and the shares currently trade around a 25% discount to book value. Read the full article on Seeking Alpha
Seeking Alpha Jul 19

Global Indemnity Group: Upside Still Available, Potential Candidate For Acquisition Or Merger

Summary Global Indemnity Group has revealed that there is active interest from multiple parties in acquiring some or all of its business, causing a sharp rise in share price. The complexity of underwriting and pricing risks in the insurance sector is increasing, making consolidation a sensible move for many companies. Despite a 20% increase in share price following the announcement, GBLI's price/book value remains the lowest among its peers, suggesting potential for further valuation. Read the full article on Seeking Alpha
Analysis Article Jun 19

Global Indemnity Group (NYSE:GBLI) Has Affirmed Its Dividend Of $0.25

The board of Global Indemnity Group, LLC ( NYSE:GBLI ) has announced that it will pay a dividend of $0.25 per share on...
Analysis Article Jun 05

Global Indemnity Group (NYSE:GBLI) Will Pay A Dividend Of $0.25

The board of Global Indemnity Group, LLC ( NYSE:GBLI ) has announced that it will pay a dividend of $0.25 per share on...
Analysis Article Mar 06

Global Indemnity Group (NYSE:GBLI) Is Paying Out A Dividend Of $0.25

Global Indemnity Group, LLC ( NYSE:GBLI ) has announced that it will pay a dividend of $0.25 per share on the 31st of...
Analysis Article Dec 12

Global Indemnity Group (NYSE:GBLI) Is Paying Out A Dividend Of $0.25

Global Indemnity Group, LLC ( NYSE:GBLI ) will pay a dividend of $0.25 on the 30th of December. This means the annual...
Seeking Alpha Dec 09

Global Indemnity declares $0.25 dividend

Global Indemnity (NYSE:GBLI) declares $0.25/share quarterly dividend, in line with previous. Forward yield 4.0% Payable Dec. 30; for shareholders of record Dec. 23; ex-div Dec. 22. See GBLI Dividend Scorecard, Yield Chart, & Dividend Growth.

CEO Compensation Analysis

How has Jay Brown's remuneration changed compared to Global Indemnity Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$33m

Dec 31 2025US$4mUS$1m

US$25m

Sep 30 2025n/an/a

US$27m

Jun 30 2025n/an/a

US$28m

Mar 31 2025n/an/a

US$27m

Dec 31 2024US$4mUS$1m

US$43m

Sep 30 2024n/an/a

US$40m

Jun 30 2024n/an/a

US$35m

Mar 31 2024n/an/a

US$34m

Dec 31 2023US$3mUS$1m

US$25m

Sep 30 2023n/an/a

US$21m

Jun 30 2023n/an/a

US$37m

Mar 31 2023n/an/a

US$16m

Dec 31 2022US$1mUS$192k

-US$1m

Sep 30 2022n/an/a

US$22m

Jun 30 2022n/an/a

-US$10m

Mar 31 2022n/an/a

US$9m

Dec 31 2021US$476kn/a

US$29m

Sep 30 2021n/an/a

US$5m

Jun 30 2021n/an/a

-US$2m

Mar 31 2021n/an/a

US$29m

Dec 31 2020US$728kn/a

-US$21m

Sep 30 2020n/an/a

US$7m

Jun 30 2020n/an/a

US$29m

Mar 31 2020n/an/a

US$6m

Dec 31 2019US$270kn/a

US$70m

Compensation vs Market: Jay's total compensation ($USD4.00M) is above average for companies of similar size in the US market ($USD2.59M).

Compensation vs Earnings: Jay's compensation has been consistent with company performance over the past year.


CEO

Jay Brown (77 yo)

3.7yrs
Tenure
US$4,001,790
Compensation

Mr. Joseph Warner Brown, Jr., also known as Jay, serves as Director of Penn-Patriot Insurance Company and was Chief Executive Officer until 2025. He had been Independent Director of Global Indemnity Group,...


Leadership Team

NamePositionTenureCompensationOwnership
Saul Fox
Executive Chairman22.8yrsUS$812.86kno data
Joseph Brown
CEO & Director3.7yrsUS$4.00m1.23%
$ 4.8m
Brian Riley
Chief Financial Officer2.3yrsUS$765.78k0.14%
$ 540.8k
Evan Kasowitz
Chief Operating Officer3.1yrsno data0.34%
$ 1.3m
Alan Hirst
Chief Information Officer4.9yrsUS$1.07m0%
$ 0
William Balderston
President of InsurTech & Chief Marketing Officer3.7yrsUS$900.37k0.00072%
$ 2.8k
Nicole Reilly
Senior Vice President of HRno datano data0.00068%
$ 2.6k
Michael Loftus
Senior VP & Chief Audit Executiveno datano datano data
Stanley Lam
Senior Vice President of the Penn-America Group7.3yrsUS$963.49k0.11%
$ 436.0k
David Elliott
Senior Vice President of Claims12.3yrsUS$540.89kno data
Praveen Reddy
President & CEO of Penn-America Underwriters1.3yrsno data0.035%
$ 136.0k
Jo Cheeseman
VP & Corporate Secretaryno datano datano data
3.7yrs
Average Tenure
58.5yo
Average Age

Experienced Management: GBLI's management team is considered experienced (3.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Saul Fox
Executive Chairman22.8yrsUS$812.86kno data
Joseph Brown
CEO & Director10.5yrsUS$4.00m1.23%
$ 4.8m
Bruce Lederman
Independent Director1.4yrsUS$445.30k0.54%
$ 2.1m
Seth Gersch
Lead Independent Director18.3yrsUS$634.95k1.8%
$ 7.0m
Thomas McGeehan
Director2.2yrsUS$686.22k0.71%
$ 2.7m
Jason Murgio
Non-Executive Independent Director1yrUS$263.58k0.058%
$ 227.1k
Fred Karlinsky
Non-Executive Independent Director2.5yrsUS$557.75k0.17%
$ 673.2k
Michele Colucci
Directorless than a yearUS$302.06k0.044%
$ 171.3k
2.3yrs
Average Tenure
72yo
Average Age

Experienced Board: GBLI's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/03 09:59
End of Day Share Price 2026/06/03 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Global Indemnity Group, LLC is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert FarnamKeefe, Bruyette, & Woods
Thomas KerrZacks Small-Cap Research