Global Indemnity (GBLI) Tops Q4 EPS Expectations
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Global Indemnity plc Reports 2015 Financial Results
March 1, 2016 4:27 PM ESTDUBLIN, Ireland, March 01, 2016 (GLOBE NEWSWIRE) -- Global Indemnity plc (NASDAQ: GBLI) today reported net income for the year ended December 31, 2015 of $41.5 million or $1.69 per share. Operating income was $44.0 million for the year ended December 31, 2015. Excluding one-time costs associated with the acquisition of American Reliable Insurance Company (American Reliable), operating income was $49.4 million at December 31, 2015. As of December 31st, book value per share was $42.98, an increase of 19.9% compared to book value per share of $35.86 at December 31, 2014.
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