(GBLI) Global Indemnity - Ratings and Ratios

Global Indemnity Group, LLC, a specialty property and casualty insurance provider, operates through its subsidiaries to deliver tailored insurance and reinsurance solutions globally. The company is structured into two primary segments: Penn-America and Non-Core Operations. The Penn-America segment focuses on niche markets, offering property and general liability insurance to small commercial businesses through a network of wholesale general agents. Additionally, it provides specialized niche products through program administrators who possess specific binding authority, enabling them to underwrite policies within predefined limits. This decentralized distribution model allows the company to efficiently cater to niche markets that larger insurers often overlook.

The Non-Core Operations segment specializes in third-party treaty reinsurance, serving casualty insurance and reinsurance companies. This segment leverages brokers and intermediaries to negotiate and place reinsurance contracts, providing risk mitigation solutions for its clients. Beyond these core operations, the company has expanded its product lineup to include collectibles insurance, offering coverage for high-value items such as art, rare collectibles, and luxury goods through digital direct-to-consumer platforms. Additionally, the VacantExpress product provides insurance coverage for properties under construction, renovation, vacant, or rented, distributed through a combination of wholesale general agents and retail agents.

Founded in 2003, Global Indemnity Group, LLC is headquartered in Bala Cynwyd, Pennsylvania. The companys strategic focus on niche markets and specialized insurance products has positioned it as a key player in the specialty insurance sector. For more information, visit their website at https://gbli.com.

Ticker Symbol: GBLI
Exchange: NYSE
Type: common stock
Country Origin: United States
GICS Sub Industry: Property & Casualty Insurance

Average Volume 20d: 2022
Last Price: 33.41
SMA 20: 35.35
SMA 50: 35.54
SMA 200: 32.82
ATR: 0.81

Market Cap: 493.31M USD
P/E: 12.38
P/E Forward: 10.35
P/B: 0.72
P/S: 1.11
RoE: 5.84

3-Month Forecast:
The stock is expected to experience price consolidation within a narrow range, with a slight downward bias due to the SMA 20 and SMA 50 trending above the current price. Support levels are anticipated around $30, with resistance near $35. The low ATR suggests reduced volatility, while the forward P/E of 10.35 indicates potential undervaluation. Investors may remain cautious due to broader market conditions, but the companys niche focus and improving margins could attract value-oriented investors.