Current Report Filing (8-k)
June 01 2023 - 4:46PM
Edgar (US Regulatory)
Exhibit 99.1
PRESS RELEASE
For release: June 1, 2023
Stephen W. Ries
Head of Investor Relations
(610) 668-3270
sries@gbli.com
Global Indemnity Group, LLC Announces Quarterly Distribution
Wilmington, Delaware, (June 1, 2023) Global Indemnity Group, LLC (NYSE:GBLI) (GBLI) announced today its Board of
Directors has approved a distribution payment of $0.25 per common share to be paid on June 30, 2023 to all shareholders of record as of the close of business on June 23, 2023.
About Global Indemnity Group, LLC and its subsidiaries
Global Indemnity Group, LLC (NYSE:GBLI), through its several direct and indirect wholly owned subsidiary insurance companies, provides both admitted and non-admitted specialty property and specialty casualty insurance coverages and individual policyholder coverages in the United States, as well as reinsurance worldwide. Global Indemnity Group, LLCs Continuing
Lines segments are Commercial Specialty and Reinsurance Operations. The Exited Lines segment is comprised of business which the Company has decided it will no longer write.
For more information, visit the Companys website at www.gbli.com.
Forward-Looking Information
The forward-looking statements contained in this press release do not address a number of risks and uncertainties. Investors are cautioned that Global
Indemnitys actual results may be materially different from the estimates expressed in, or implied, or projected by, the forward-looking statements. These statements are based on estimates and information available to us at the time of this
press release. All forward-looking statements in this press release are based on information available to Global Indemnity as of the date hereof. Please see Global Indemnitys 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. Global Indemnity 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.
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