Global Indemnity Ltd Has Bullish Trade, Fox Paine International Gp Ltd Bought Stake! – Reurope

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February 13, 2018 – By Linda Rogers

The New Fox Paine International Gp Ltd Holding in Global Indemnity Ltd

Fox Paine International Gp Ltd reported SC 13G/A form with the SEC for Global Indemnity Ltd. Access it here: 000134100418000100. As reported by Fox Paine International Gp Ltd, the filler owns 36.7% or 5,204,765 shares of the Finance–company.

Global Indemnity Ltd stake is new for [reportingPerson]. Date of activity: December 31, 2017. This shows Fox Paine International Gp Ltd’s positive view for Global Indemnity Ltd.

Global Indemnity Ltd Institutional Sentiment

Filings show 50 investors own Global Indemnity Ltd. The ownership in Q3 2015 is high, at Infinity of the outstanding shares. This is increased by 6438115. 14174890 were owned by these investors. 3 funds opened new Global Indemnity Ltd stakes, 21 increased positions. There were 4 that closed positions and 18 reduced them.

2 investors had the stock in their top 10. Some are: .

Wcm Investment Management is an investor bullish on Global Indemnity Ltd, owning 391975 shares as of Q3 2015 for 0.26% of its portfolio. Ron Bobman Capital Returns Management Llc owns 299824 shares or 3.30% of its portfolio. NY Richmond Hill Investments Llc have 16.25% of its portfolio for 1400038 shares. Further, Rit Capital Partners Plc reported stake worth 2.98% of its portfolio. The NY Richmond Hill Investment Company owns 1043157 shares. Global Indemnity Ltd is 29.17% of its portfolio.

Business Profile

Global Indemnity Limited is a holding company. The Company, through its subsidiary insurance and reinsurance companies, provides both admitted and non-admitted specialty property and casualty insurance coverages and individual policyholder coverages in the United States, as well as reinsurance across the world. Its segments include United States Based Commercial Lines Operations, United States Based Personal Lines Operations and Bermuda Based Reinsurance Operations. Its United States insurance products are distributed through divisions, including Penn-America Group (Binding Authority), Diamond State Group (Brokerage), United National Group (Programs), American Reliable Insurance Company (Binding Authority), J.H. Ferguson & Associates, LLC, VacantExpress.com (Agency), and Collectibles Insurance Services, LLC (Agency). Its multi-channel distribution network consists of the United States and international operations.

SEC Form 13G.

The stock increased 1.17% or $0.46 during the last trading session, reaching $39.7. About 15,565 shares traded or 61.71% up from the average. Global Indemnity Limited (NASDAQ:GBLI) has risen 25.26% since February 13, 2017 and is uptrending. It has outperformed by 8.56% the S&P500.

Global Indemnity Limited provides insurance and reinsurance solutions primarily in the United States. The company has market cap of $698.58 million. It operates through three divisions: Commercial Lines, Personal Lines, and Reinsurance Operations. It has a 13.57 P/E ratio. The Commercial Lines segment distributes property, general liability, casualty, and professional lines products for small commercial businesses distributed through a network of wholesale general agents, program administrators, and wholesale brokers.

More notable recent Global Indemnity Limited (NASDAQ:GBLI) news were published by: Globenewswire.com which released: “Global Indemnity Limited Announces Pricing of $120 Million Subordinated Note …” on March 16, 2017, also Insurancejournal.com with their article: “Global Indemnity Completes Purchase of American Reliable” published on January 05, 2015, Globenewswire.com published: “Global Indemnity plc Announces Proposed Redomestication to the Cayman Islands …” on June 20, 2016. More interesting news about Global Indemnity Limited (NASDAQ:GBLI) were released by: Insurancejournal.com and their article: “Global Indemnity to Redomicile from Ireland to Caymans” published on June 22, 2016 as well as Globenewswire.com‘s news article titled: “Global Indemnity Completes Redomestication to the Cayman Islands” with publication date: November 07, 2016.

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