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Global Indemnity Group, LLC GBLI Belmont Core — Noninterest Expense Commission Expense

Other segment segments

Belmont Non Core
-$84K+89.2%
Agency And Insurance Services
$0

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Other financials

Income statement

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Revenue$116.1M+5.1%
Net income$11.1M+7.1%
EPS (diluted)$0.76+7.0%

Balance sheet

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Cash & equivalents$97.5M+44.8%
Total debt$7.7M-17.3%
Total equity$710.9M+2.2%
Total assets$1.7B+0.2%

Cash flow

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Operating cash flow-$15.8M-326%

Valuation

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Market cap$423.23M+6.3%
Enterprise value$333.44M-1.9%
P/E12.3×-1.8×
P/S0.9×0.0×

Profitability

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Net margin7.5%+1.1pp

Returns & leverage

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Return on equity4.9%+0.7pp
Debt / equity0.0×

Where this comes from

Reported directly by Global Indemnity Group, LLC in its filing.

Tagged under the XBRL concept us-gaap:NoninterestExpenseCommissionExpense.

The source filing: Global Indemnity Group, LLC’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:30 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-338196
Quarter Ended June 30, 2026(Dollars in thousands)Agency and Insurance ServicesBelmont CoreBelmont Non-CoreEliminationTotal
Total consolidated revenues$116,102
Less: (2)
Net losses and loss adjustment expenses53,480(105)(328)53,047
Net commission expenses34,615(84)(10,482)24,049
Other operating expenses (3)12,9167,36560(2,602)17,739
Income (loss) from segments$1,359$3,374$(25)$4,708
Reconciliation of segment profit (loss)
Unallocated items:

Item 1. Financial Statements

FAQ

What is Global Indemnity Group, LLC's belmont core — noninterest expense commission expense?
Global Indemnity Group, LLC (GBLI) reported belmont core — noninterest expense commission expense of $34.62M in Q2 2026.
How has Global Indemnity Group, LLC's belmont core — noninterest expense commission expense changed year-over-year?
Global Indemnity Group, LLC's belmont core — noninterest expense commission expense increased by 1.6% year-over-year, from $34.08M to $34.62M.
What is the long-term trend for Global Indemnity Group, LLC's belmont core — noninterest expense commission expense?
Over 2 years (2023 to 2025), Global Indemnity Group, LLC's belmont core — noninterest expense commission expense has grown at a 28.1% compound annual growth rate (CAGR), from $81.69M to $134.06M.
What does belmont core — noninterest expense commission expense mean?
Represents the costs paid to agents, brokers, or other intermediaries for the acquisition and servicing of insurance policies. This expense is a significant component of the segment's operating costs and is directly tied to the volume of business written. It reflects the cost of distribution and the competitive landscape for acquiring new premiums.

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