GBLI 28.87 Global Indemnity Plc $GBLI Hit a 52 wee
Post# of 9
GBLI Recent Posts: http://investorshangout.com/Global-Indemnity-Plc-GBLI-54208/
GBLI Global Indemnity Plc Recent Headline News
Global Indemnity plc Reports Third Quarter 2014 Financial Results
PR Newswire - Mon Nov 03, 5:01PM CST
Global Indemnity plc (NASDAQ:GBLI) today reported net income for the three months ended September 30, 2014 of $9.8 million or $.39 per share compared to net income of $6.9 million or $0.28 per share at September 30, 2013. Net income for the nine months ended September 30, 2014 was $51.8 million or $2.05 per share compared to net income of $28.0 million or $1.11 per share at September 30, 2013. As of September 30th, book value per share was $35.47, an increase of 0.1% compared to book value per share of $35.43 at June 30th, 2014, and an increase of 2.4% compared to book value per share of $34.65 at December 31, 2013.
AIZ: 68.63 (+0.41), JPM: 60.88 (+0.40), GBLI: 28.87 (-0.11)
A.M. Best Comments on the Ratings of American Reliable Insurance CompanyFollowing Acquisition Announcement
Business Wire - Mon Oct 27, 12:24PM CDT
A.M. Best has commented that the financial strength rating (FSR) of A (Excellent) and the issuer credit rating (ICR) of "a" of American Reliable Insurance Company (American Reliable) (Scottsdale, AZ) are unchanged following the announcement that Global Indemnity Group, Inc. (Global Indemnity), a subsidiary of Global Indemnity plc (Ireland) [NASDAQ:GBLI], has agreed to acquire American Reliable, a subsidiary of Assurant, Inc. (Assurant) (headquartered in New York) [NYSE:AIZ]. However, as discussed in detail below, the rating outlook for the ICR, which is currently positive for American Reliable, will likely be revised to stable following the completion of A.M. Best's evaluation of the transaction after its close.
AIZ: 68.63 (+0.41), GBLI: 28.87 (-0.11)
A.M. Best Comments on Ratings of Global Indemnity Reinsurance Company, Ltd. Following Acquisition Deal With Assurant, Inc.
Business Wire - Mon Oct 27, 12:22PM CDT
A.M. Best has commented that the financial strength rating of A (Excellent) and the issuer credit ratings of "a" of Global Indemnity Reinsurance Company, Ltd. (Global Indemnity Re) (Hamilton, Bermuda) and its U.S. subsidiaries are unchanged following Global Indemnity Group, Inc.'s (Global Indemnity) recent announcement of its pending acquisition of American Reliable Insurance Company (ARIC) (Scottsdale, AZ) from its parent, Assurant, Inc. (NYSE:AIZ). Global Indemnity is a subsidiary of Global Indemnity plc (Ireland) [NASDAQ:GBLI]. The outlook for all ratings is stable.
AIZ: 68.63 (+0.41), GBLI: 28.87 (-0.11)
Assurant Continues to Realign Specialty Property Business - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Oct 17, 4:45PM CDT
Assurant (AIZ) is adding and deleting business in its Specialty Property division as a strategy for long-term growth.
AIZ: 68.63 (+0.41), HMN: 30.21 (-0.20), AIG: 53.80 (+0.23), GBLI: 28.87 (-0.11)
Global Indemnity Agrees To Purchase American Reliable Insurance Company
PR Newswire - Thu Oct 16, 5:21PM CDT
Global Indemnity plc's (NASDAQ: GBLI) U.S. affiliate agreed to purchase American Reliable Insurance Company from Assurant, Inc. (NYSE: AIZ). In a transaction with an enterprise value of approximately $394,000,000, Global Indemnity's U.S. division will pay approximately $114,000,000 in cash to Assurant at closing (which could be increased to approximately $120 million to account for net earnings between June 30, 2014 and the closing) and assume approximately $280,000,000 in customary insurance related liabilities, obligations, and mandates. American Reliable, with facilities in Scottsdale, Arizona, and Omaha, Nebraska, writes specialty personal lines and agricultural property and casualty insurance, in each case distributed through a network of general and independent agents.
AIZ: 68.63 (+0.41), GBLI: 28.87 (-0.11)
Assurant Agrees to Sell American Reliable Insurance Company to Global Indemnity for $114 Million
Business Wire - Thu Oct 16, 5:20PM CDT
Assurant Specialty Property, a business segment of Assurant, Inc. (NYSE:AIZ), today announced an agreement to sell its general agency business and associated insurance carrier, American Reliable Insurance Company, to Global Indemnity Group, Inc., a subsidiary of Global Indemnity plc, for approximately $114 million in cash.
AIZ: 68.63 (+0.41), GBLI: 28.87 (-0.11)
Blue Capital (BCRH) Down to Strong Sell on Lower Estimates - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 09, 4:55PM CDT
On Sep 9, 2014, Zacks Investment Research downgraded Blue Capital Reinsurance Holdings Ltd. (BCRH) by a notch to a Zacks Rank #5 (Strong Sell).
BCRH: 17.55 (-0.14), MCY: 53.84 (+0.72), ENH: 58.48 (+0.53), GBLI: 28.87 (-0.11)
Greenlight Capital Slips a Notch to Sell on Q2 Earnings Miss - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 09, 3:00PM CDT
On Sep 9, Zacks Investment Research downgraded Greenlight Capital Re, Ltd (GLRE) to a Zacks Rank #4 (Sell).
AFSI: 46.70 (+1.83), ENH: 58.48 (+0.53), GBLI: 28.87 (-0.11), GLRE: 32.73 (+0.28)
Selective Insurance Upgraded to Buy: Will you Add the Stock? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 09, 8:30AM CDT
On Sep 9, Zacks Investment Research upgraded Selective Insurance Group Inc. (SIGI) to a Zacks Rank #2 (Buy).
SIGI: 25.82 (unch), AFSI: 46.70 (+1.83), ENH: 58.48 (+0.53), GBLI: 28.87 (-0.11)
XL Group Boosts Core Business; Would You Invest? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Sep 08, 5:15PM CDT
On Sep 8, we issued an update research report on XL Group plc (XL).
AFSI: 46.70 (+1.83), ENH: 58.48 (+0.53), GBLI: 28.87 (-0.11), XL: 33.86 (-0.02)
XL Group Expands Cyber Insurance & Shariah Compliant - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Sep 05, 1:20PM CDT
XL Group plc (XL) is on an expansion spree, as evident from its latest endeavors in the cyber insurance space.
NAVG: 67.08 (-1.01), ENH: 58.48 (+0.53), GBLI: 28.87 (-0.11), XL: 33.86 (-0.02)
Greenlight Capital (GLRE) Hits 52-Week High Post-Q2 Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Sep 04, 9:46AM CDT
Shares of Greenlight Capital Re Ltd. (GLRE) scaled a new 52-week high on Sep 3, following solid year-over-year performance in second-quarter 2014.
AFSI: 46.70 (+1.83), MCY: 53.84 (+0.72), GBLI: 28.87 (-0.11), GLRE: 32.73 (+0.28)
Willis Group Downgraded to Strong Sell on Weak Q2 Results - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 03, 2:54PM CDT
Zacks Investment Research downgraded Willis Group Holdings Public Limited Company (WSH) to a Zacks Rank #5 (Strong Sell).
AFSI: 46.70 (+1.83), WSH: 40.26 (-0.27), ENH: 58.48 (+0.53), GBLI: 28.87 (-0.11)
Markel (MKL) Down to Strong Sell on Rising Financial Risks - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 02, 5:17PM CDT
On Aug 30, 2014, Zacks Investment Research downgraded Markel Corp. (MKL) by two notches to a Zacks Rank #5 (Strong Sell).
MCY: 53.84 (+0.72), ENH: 58.48 (+0.53), GBLI: 28.87 (-0.11), MKL: 692.99 (+2.10)
RenaissanceRe: Catastrophe Insurance Business a Concern - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 02, 4:50PM CDT
On Aug 28, 2014, we issued an updated research report on RenaissanceRe Holdings Ltd. (RNR).
RNR: 102.34 (-0.99), MCY: 53.84 (+0.72), ENH: 58.48 (+0.53), GBLI: 28.87 (-0.11)
Markel Buys Vanderpol & Den Boer, Grows in Bakery Sector - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 02, 4:45PM CDT
Markel Ventures Inc., a subsidiary of Markel Corporation (MKL) announced the buyout of Vanderpol and Den Boer, thereby expanding in the specialty bakery sector.
AFSI: 46.70 (+1.83), ENH: 58.48 (+0.53), GBLI: 28.87 (-0.11), MKL: 692.99 (+2.10)
PartnerRe (PRE) Hits New 52-Week High Post Q2 Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 02, 2:21PM CDT
Shares of PartnerRe Ltd. (PRE) scaled a new 52-week high at $111.11 on Aug 29, riding on a steady growth momentum.
PRE: 115.21 (-0.48), AFSI: 46.70 (+1.83), MCY: 53.84 (+0.72), GBLI: 28.87 (-0.11)
American Financial Hits 52-Week High on Dividend Hike - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 02, 1:15PM CDT
American Financial (AFG) strikes a 52-week high on dividend increase, strong second quarter earnings.
AFG: 59.94 (+0.11), MCY: 53.84 (+0.72), ENH: 58.48 (+0.53), GBLI: 28.87 (-0.11)
Federated National Holding (FNHC) Jumps: Stock Up 7.1% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Sep 02, 8:32AM CDT
Federated National Holding Company (FNHC) was a big mover last session, as the company saw its shares rise more than 7% on the day.
AFSI: 46.70 (+1.83), FNHC: 30.41 (-3.05), ENH: 58.48 (+0.53), GBLI: 28.87 (-0.11)
Berkshire Hathaway Business Diversity Drives Top-Line Growth - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 29, 4:41PM CDT
Berkshire Hathaway (BRK. continues with its favorable operating performance backed by its diversified businesses across multiple industries.
AFSI: 46.70 (+1.83), ENH: 58.48 (+0.53), BRK.B: 140.81 (+0.65), GBLI: 28.87 (-0.11), BRK.A: 211,100.00 (+1,100.00)