Global Indemnity Group, LLC GBLI Belmont Core — Goodwill Impairment
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Where this comes from
Reported directly by Global Indemnity Group, LLC in its filing.
Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.
The source filing: Global Indemnity Group, LLC’s 10-K, filed March 10, 2026.
- Filed
- Mar 10, 2026, 5:27 PM EDT
- Fiscal year
- FY2025
- Accession
- 0001193125-26-100467
As a result of an acquisition in 2010, the Company has goodwill within the Belmont Core segment of $4.8 million at December 31, 2025 and 2024. The goodwill represents the excess purchase price over the Company’s best estimate of the fair value of the assets acquired. There were no changes in the carrying value of Belmont Core's goodwill during 2025 and 2024 and there were no accumulated impairment losses at December 31, 2025 and 2024. Impairment testing performed in 2025, 2024, and 2023 did not result in an impairment of goodwill within the Belmont Core segment.
Item 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
FAQ
- What is Global Indemnity Group, LLC's belmont core — goodwill impairment?
- Global Indemnity Group, LLC (GBLI) reported belmont core — goodwill impairment of $0 in Q4 2025.
- What does belmont core — goodwill impairment mean?
- The charge recognized when the carrying amount of goodwill within the segment exceeds its implied fair value. This indicates a decline in the expected future economic benefits or profitability of the business units acquired by the segment.
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