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Stock Market & Financial Investment News

News Breaks
February 25, 2013
16:54 EDTGBLIGlobal Indemnity reports Q4 EPS 17c, may not compare two estimates (28c)
Reports Q4 revenue $71.5M, one estimate $43.6M.
News For GBLI From The Last 14 Days
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October 16, 2014
18:27 EDTGBLIGlobal Indemnity to purchase American Reliable Insurance from Assurant
Global Indemnity's (GBLI) U.S. affiliate agreed to purchase American Reliable Insurance Company from Assurant (AIZ). In a transaction with an enterprise value of approximately $394M, Global Indemnity's U.S. division will pay approximately $114M in cash to Assurant at closing - which could be increased to approximately $120M to account for net earnings between June 30 and the closing - and assume approximately $280M in customary insurance related liabilities, obligations, and mandates.

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