U.S. markets open in 51 minutes

Global Indemnity: 3Q Earnings Snapshot

GEORGE TOWN, Cayman Islands (AP) _ Global Indemnity PLC (GBLI) on Wednesday reported third-quarter net income of $3.7 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the George Town, Cayman Islands-based company said it had profit of 26 cents. Losses, adjusted for investment gains, came to 3 cents per share.

The insurance and reinsurance holding company posted revenue of $138 million in the period.

Global Indemnity shares have decreased 15 percent since the beginning of the year. The stock has declined 16 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GBLI at https://www.zacks.com/ap/GBLI