Global indemnity ltd (GBLIL)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenues:
Gross written premiums

636,861

547,897

516,334

565,845

590,233

291,253

290,723

244,053

307,903

-

-

Gross premiums written

-

-

-

-

-

-

-

-

-

345,763

340,999

Net written premiums

562,089

472,547

450,180

470,940

501,244

273,181

271,984

219,547

280,570

296,504

290,995

Net earned premiums

525,262

467,775

438,034

468,465

504,143

268,519

248,722

238,862

297,854

286,774

301,674

Net investment income

42,052

46,342

39,323

33,983

34,609

28,821

37,209

47,557

53,112

56,623

70,214

Net realized investment gains (losses):
Other than temporary impairment losses on investments

-

-

-

-

7,335

501

1,239

5,914

6,628

511

5,689

Other than temporary impairment losses on investments recognized in other comprehensive income

-

-

-

-

-

-

-

-541

-

-43

-

Other than temporary impairment losses on investments

1,897

456

2,606

6,733

-

-

-

-

-

-

-

Other net realized investment gains (losses)

37,239

-16,451

4,182

28,454

3,961

36,361

28,651

12,128

-

-

-

Other than temporary impairment losses on investments recognized in other comprehensive income

-

-

-

-

-

-

-

-

-

-

115

Other net realized investment gains

-

-

-

-

-

-

-

-

28,101

26,905

21,436

Total net realized investment gains (losses)

35,342

-16,907

1,576

21,721

-3,374

35,860

27,412

6,755

21,473

26,437

15,862

Other income

1,816

1,728

6,582

10,345

3,400

555

-

-

-

-

-

Other income

-

-

-

-

-

-

5,791

-158

-

-

-

Other income (loss)

-

-

-

-

-

-

-

-

12,581

-

-

Other income (loss)

-

-

-

-

-

-

-

-

-

293

-

Total revenues

604,472

498,938

485,515

534,514

538,778

333,755

319,134

293,016

385,020

370,127

387,750

Losses and Expenses:
Net losses and loss adjustment expenses

275,402

334,625

269,212

264,003

275,368

137,561

132,991

153,628

278,684

130,359

169,382

Acquisition costs and other underwriting expenses

208,403

190,778

183,733

196,650

201,303

109,619

105,651

95,403

121,491

118,214

119,929

Corporate and other operating expenses

18,888

29,766

25,714

17,338

24,448

14,559

11,614

9,691

-

-

-

Corporate and other operating expenses

-

-

-

-

-

-

-

-

13,973

20,767

16,752

Interest expense

20,022

19,694

16,906

8,905

4,913

822

6,169

5,393

6,476

7,020

7,216

Income (loss) before income taxes

81,757

-75,925

-10,050

47,618

32,746

71,194

62,709

28,901

-35,604

93,767

74,471

Income tax expense (benefit)

11,742

-19,229

-499

-2,250

-8,723

8,338

1,019

-5,856

2,787

8,874

4,310

Income (loss) before equity in net income of partnerships

-

-

-

-

-

-

-

-

-38,391

84,893

70,161

Equity in net income of partnerships, net of taxes

-

-

-

-

-

-

-

-

53

-22

-

Equity in net income of partnerships, net of taxes

-

-

-

-

-

-

-

-

-

-

5,276

Net income (loss)

70,015

-56,696

-9,551

49,868

41,469

62,856

61,690

34,757

-38,338

84,871

75,437

Per share data:
Net income (loss)
Basic

4.93

-4.02

-0.55

2.89

1.71

2.50

2.46

1.30

-1.27

2.81

2.92

Diluted

4.88

-4.02

-0.55

2.84

1.69

2.48

2.45

1.30

-1.27

2.80

2.91

Weighted-average number of shares outstanding
Basic

14,191

14,088

17,308

17,246

24,253

25,131

25,072

26,722

30,246

30,237

25,856

Diluted

14,334

14,088

17,308

17,547

24,505

25,331

25,174

26,748

30,246

30,274

25,881

Cash dividends declared per share

1.00

1.00

0.00

0.00

-

-

-

-

-

-

-