Global Indemnity Group, LLC

Overview

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• TickerGBLI on Nasdaq²
• IndustryFire, Marine & Casualty Insurance²
• HeadquartersBala Cynwyd, United States²
• Incorporated inDE⁴
• Business address3 Bala Plaza East, Suite 300, Bala Cynwyd, Pa 19004⁴
• Filer categoryAccelerated filer⁴
• Legal formLimited Liability Company²
• LEI549300KNR55WEKSPTK65²
• StatusActive²
• LEI statusLapsed (not renewed)²
• Registered addressC/O CORPORATION SERVICE COMPANY, 19808 Wilmington, United States²
• Registered withDivision of Corporations, Department of State, 3113353²

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Some of the information contained in this Item 1 or set forth elsewhere in this report, including information with respect to Global Indemnity Group, LLC and its subsidiaries’ plans and strategy, constitutes forward-looking statements that involve risks and uncertainties. Please see "Cautionary Note Regarding Forward-Looking Statements" at the end of Item 7 of Part II and “Risk Factors” in Item 1A of Part I for a discussion of important factors that could cause actual results to differ materially from the results described in or implied by the forward-looking statements contained herein.⁶ From its latest annual report

Corporate structure

Global Indemnity Group, LLC sits at the top of its group. 24 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Global Indemnity Group, LLC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

Investments

Intangibles and goodwill

Properties, in its own words

At December 31, 2025, office space leased in Bala Cynwyd, Pennsylvania, holds the Company's principal executive offices and headquarters. The Company believes the Bala Cynwyd, Pennsylvania location is suitable and adequate to meet its needs including that of its three reportable segments.

The Company exercised the early lease termination clauses for its Omaha, Nebraska, Arizona, and Cavan, Ireland leases. Employees at these offices work remotely. In connection with its acquisition of Sayata, the Company has leased office space in Tel Aviv, Israel for use of personnel located in Israel.

Item 2 of the 10-K filed Mar 10, 2026.⁶

Leadership

Who has led Global Indemnity Group, LLC, and when. Pick a name to see everywhere that person has worked.

• Chief executive officerPraveen Kotha Reddy Mar 17, 2025 to now¹⁸
• Chief executive officerDavid S. Charlton Aug 16, 2022 to Aug 16, 2022¹⁹
• Chief executive officerJoseph W. Brown Nov 4, 2022 to Mar 17, 2025²⁰
• Chief executive officerLarry A. Frakes Feb 11, 2011 to Mar 25, 2011²¹
• Chief executive officerCynthia Y. Valko Sep 26, 2011 to Dec 14, 2020²²
• PresidentEvan Jacob Kasowitz Aug 11, 2025 to now²³
• PresidentJonathan E. Oltman Jan 20, 2021 to Jun 28, 2023²⁴
• PresidentTroy Santora Jan 4, 2011 to Feb 24, 2011²⁵
• PresidentLarry A. Frakes Feb 11, 2011 to Mar 25, 2011²¹
• PresidentRonald F. Gorman May 2, 2011 to May 2, 2011²⁶
• PresidentDavid J. Myers Nov 29, 2010 to Feb 24, 2011²⁷
• Chief financial officerBrian Joseph Riley Mar 23, 2026 to now²⁸
• Chief financial officerThomas McGeehan Feb 24, 2011 to Mar 17, 2020²⁹
• Chief operating officerEvan Jacob Kasowitz Mar 30, 2026 to now³⁰
• Chief operating officerReiner Ralf Mauer May 24, 2021 to Aug 18, 2022³¹

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

• Belmont Holdings GX, Inc. Delaware⁵
• Belmont SGX, LLC Delaware⁵
• Collectibles Insurance Services, LLC Pennsylvania⁵
• Diamond State Insurance Company Indiana⁵
• Global Indemnity Group Services, LLC Pennsylvania⁵
• Global Indemnity Investments, Inc. Delaware⁵
• Global Indemnity Services Limited Ireland⁵
• J.H. Ferguson & Associates, LLC Pennsylvania⁵
• Kaleidoscope Insurance Technologies, Inc. Delaware⁵
• Katalyx Holdings LLC Delaware⁵
• Liberty Insurance Adjustment Agency, Inc. Delaware⁵
• New Sabre Labs Limited Israel⁵
• Penn Independent Corporation Pennsylvania⁵
• Penn-America Insurance Company Pennsylvania⁵
• Penn-America Insurance Services, LLC Pennsylvania⁵
• Penn-Patriot Insurance Company Virginia⁵
• Penn-Star Insurance Company Pennsylvania⁵
• Sabre US Holdings, LLC Delaware⁵
• Sayata US Insurance Services, Inc. Delaware⁵
• United National Insurance Company Pennsylvania⁵
• Valyn Re, LLC Delaware⁵

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

• Global Indemnity LtdNov 7, 2016 to Aug 27, 2020⁴
• Global Indemnity plcJul 2, 2010 to Nov 4, 2016⁴

Timeline

1. Aug 5, 20268-K Results of operations⁶⁹
2. Jun 16, 20268-K Shareholder vote⁷⁰
3. May 22, 20268-K Executive or director change; Regulation FD disclosure⁷¹
4. May 5, 20268-K Results of operations⁷²
5. Mar 20, 20268-K Executive or director change⁷³
6. Mar 12, 20268-K Results of operations⁷⁴
7. Mar 10, 20268-K Results of operations⁷⁵
8. Jan 5, 20268-K Executive or director change⁷⁶
9. Oct 30, 20258-K Results of operations⁷⁷
10. Oct 21, 20258-K Listing notice or transfer; Regulation FD disclosure⁷⁸
11. Oct 3, 20258-K Regulation FD disclosure⁷⁹
12. Sep 2, 20258-K Regulation FD disclosure⁸⁰
13. Mar 17, 2025New chief executive Praveen Kotha Reddy becomes CEO¹⁸
14. Nov 4, 2022New chief executive Joseph W. Brown becomes CEO²⁰
15. Aug 16, 2022New chief executive David S. Charlton becomes CEO¹⁹
16. Jun 23, 2020Founded Global Indemnity Group, LLC is founded²
17. Sep 26, 2011New chief executive Cynthia Y. Valko becomes CEO²²
18. Feb 11, 2011New chief executive Larry A. Frakes becomes CEO²¹

Calendar

Coming up

1. Oct 29, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $1.08 a share, on Oct 30, 2025.⁸¹

When it reported results

1. Aug 5, 2026Reported quarterly or annual results⁶⁹
2. May 5, 2026Reported quarterly or annual results⁷²
3. Mar 12, 2026Reported quarterly or annual results⁷⁴
4. Mar 10, 2026Reported quarterly or annual results⁷⁵
5. Oct 30, 2025Reported quarterly or annual results⁷⁷
6. Aug 6, 2025Reported quarterly or annual results⁸²
7. May 7, 2025Reported quarterly or annual results⁸³
8. Mar 11, 2025Reported quarterly or annual results⁸⁴

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

332 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 64 major events, 209 insider forms, 13 large holders, 26 other. The latest 20:

1. Aug 12, 2026SCHEDULE 13G/A EDGAR
2. Aug 6, 202610-Q EDGAR
3. Aug 5, 20268-K EDGAR
4. Jul 2, 20264 EDGAR
5. Jul 2, 20264 EDGAR
6. Jul 2, 20264 EDGAR
7. Jul 2, 20264 EDGAR
8. Jul 2, 20264 EDGAR
9. Jul 2, 20264 EDGAR
10. Jul 2, 20264 EDGAR
11. Jun 29, 20263/A EDGAR
12. Jun 16, 20268-K EDGAR
13. May 28, 20263 EDGAR
14. May 22, 2026DEFA14A EDGAR
15. May 22, 20268-K EDGAR
16. May 5, 202610-Q EDGAR
17. May 5, 20268-K EDGAR
18. Apr 29, 2026ARS EDGAR
19. Apr 29, 2026DEFA14A EDGAR
20. Apr 29, 2026DEF 14A EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

41 open-market trades by officers, directors and large owners since October 2021: 41 buys and 0 sales. Grants, option exercises and gifts are left out.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

• Hotchkis & Wiley Capital ManagementSCHEDULE 13G/A, 5 filings Feb 11, 2022 to Aug 12, 2026⁸⁵
• Essex Equity Joint Investment Vehicle, LLCSCHEDULE 13G, 1 filing Feb 17, 2026⁸⁶
• Richmond Hill Investments, LLCSCHEDULE 13G/A, 1 filing Feb 17, 2026⁸⁷
• DIMENSIONAL FUND ADVISORS LPSC 13G/A, 2 filings Feb 8, 2022 to Feb 10, 2023⁸⁸
• W. R. BerkleySC 13G, 1 filing Feb 7, 2023⁸⁹
• HARBERT FUND ADVISORS, LLCSC 13D/A, 2 filings Jan 6, 2022 to Oct 28, 2022⁹⁰
• FOX PAINE INTERNATIONAL GP LTDSC 13D/A, 1 filing Nov 30, 2021⁹¹

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Global Indemnity Group, LLC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

• Name on EDGARGlobal Indemnity Group, LLC¹
• CIK0001494904
• Employer ID (EIN)85-2619578⁶
• Filer statusAccelerated filer not an emerging growth company; not a smaller reporting company; not a shell company⁶
• Incorporated inDelaware⁶
• Fiscal year endsDecember 31¹
• Industry code (SIC)6331 Fire, Marine & Casualty Insurance¹
• SEC reviewing officeOffice of Finance, Division of Corporation Finance¹
• Business address3 Bala Plaza East, Suite 300, Bala Cynwyd, PA 19004¹
• Phone610-664-1500¹
• Shares outstanding10,557,227 Common Class A shares; 550,000 Class A-2 Common Shares shares; 3,793,612 Common Class B shares as of Mar 10, 2026⁶
• Public float$225.8M as of Jun 30, 2025⁶
• AuditorErnst & Young LLP, Philadelphia, Pennsylvania PCAOB ID 42; it also attests to the company’s internal control over financial reporting⁶
• On EDGAR sinceJul 2, 2010¹
• Filings1,220 in all: 4 (659), 8-K (191), SC 13G/A (50), 10-Q (49), 3 (47), CORRESP (20), DEF 14A (18), 10-K (16)¹
  All 43 form types

  UPLOAD (16), SC 13G (15), EFFECT (13), PRE 14A (12), S-8 POS (10), 4/A (9), F-N (9), S-3 (8), SC 13D/A (7), DEFA14A (6), S-3/A (6), 8-A12B (5), POS AM (5), 424B5 (4), ARS (4), 25 (3), 25-NSE (3), 424B2 (3), 8-K/A (3), 8-K12B (3), CERT (3), SC TO-I/A (3), SCHEDULE 13G/A (3), CERTNAS (2), FWP (2), PRER14A (2), S-8 (2), SC 13D (2), 10-K/A (1), 15-12B (1), 3/A (1), 305B2 (1), SC TO-C (1), SC TO-I (1), SCHEDULE 13G (1)

• Latest filingsAnnual report (10-K) Mar 10, 2026
  Quarterly report (10-Q) Aug 6, 2026
  Proxy statement (DEF 14A) Apr 29, 2026
  Latest 8-K (8-K) Aug 5, 2026

Securities registered for trading

From the cover page of the 10-K filed Mar 10, 2026 (Section 12(b) of the Exchange Act).⁶

Risk factors and legal proceedings

The risks Global Indemnity Group, LLC names in Item 1A of its 10-K filed Mar 10, 2026: 43 risks under these headings, as written.⁶

• Risks Related to the Company’s Business
• While the Company’s reorganized structure is intended to facilitate realization by each of its operating divisions of their respective growth prospects and strategic goals, promote investor recognition thereof, and enable the divisions to be mutually supportive and collectively benefit the Company, there is no guarantee that such realization, recognition and collective benefit will be achieved, which could adversely affect the Company’s business, prospects, growth, financial condition or results of operations.
• The Company is focused on building significant scale in its Agency and Insurance Services segment under Katalyx Holdings LLC, while also continuing to invest in technology and the Company’s Belmont Core segment. The Company’s strategy is intended to be accomplished in part through incubation and new products and services launches, including attracting third-party carrier capacity, and strategic acquisitions. Any future strategic investments or new platforms, products or services or strategic acquisitions could expose the Company to new or heightened risks or turn out to be unsuccessful.
• If actual claims payments exceed the Company’s reserves for losses and loss adjustment expenses, the Company’s financial condition and results of operations could be adversely affected.
• The failure of any of the loss limitations or exclusions employed by the Company, changes in other claims or coverage issues, or unexpectedly severe verdicts in claims cases could have a material adverse effect on the Company's financial condition or results of operations.
• The occurrence of natural or man-made disasters has in the past and could in the future adversely affect the Company’s business, financial condition and results of operations.
• Adverse economic factors, including recession, inflation, periods of high unemployment or lower economic activity could
• result in the sale of fewer policies than expected or an increase in the frequency of claims and premium defaults, or a combination of these effects, which, in turn, could affect the Company's growth and profitability.
• A decline in rating for any of the Company’s insurance subsidiaries could adversely affect its position in the insurance market making it more difficult to market its insurance products and cause premiums and earnings to decrease.
• A failure in the Company’s operational systems or infrastructure or those of third parties, including security breaches or cyber-attacks, could disrupt the Company’s business, its reputation, and / or cause losses which could have an adverse effect on the Company’s business operations and financial results.
• The Company’s business success and profitability depend, in part, on effective information technology systems and on continuing to develop and implement improvements in technology, particularly as the Company’s business processes become more digital.
• Artificial intelligence is an evolving and rapidly growing technology.

Legal proceedings

The Company is, from time to time, involved in various legal proceedings in the ordinary course of business. The Company purchased insurance and reinsurance coverage for risks in amounts that it considers adequate. However, there can be no assurance that the insurance and reinsurance coverage that the Company maintains is sufficient or will be available in adequate amounts or at a reasonable cost. The Company does not believe that the resolution of any currently pending legal proceedings, either individually or taken as a whole, will have a material adverse effect on its business, results of operations, cash flows, or financial condition.

There is a greater potential for disputes with reinsurers who are in runoff. Some of the Company’s reinsurers have operations that are in runoff, and therefore, the Company closely monitors those relationships. The Company anticipates that, similar to the rest of the insurance and reinsurance industry, it will continue to be subject to litigation and arbitration proceedings in the ordinary course of business.

The opening of Item 3, Legal Proceedings.⁶