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Global Indemnity Group, LLC Announces AM Best Affirmation of A (Excellent) Rating

  • AM Best affirmed Global Indemnity Group's A (Excellent) rating for its U.S. insurance subsidiaries.
  • This affirmation marks 24 consecutive years of A (Excellent) ratings since Fox Paine acquired the company in 2003.
  • AM Best cited the group's risk-adjusted capitalization at its strongest level as measured by its Capital Adequacy Ratio.
  • The rating reflects a strategically conservative investment portfolio & financial flexibility from the parent's access to capital markets.
  • Operating performance is driven by the group's consistently profitable core commercial specialty business focused on small- to middle-market customers.
  • Global Indemnity operates through diversified franchises across multiple distribution channels.
  • Katalyx Holdings LLC includes four agencies for reinsurance & three specialized insurance service businesses including Kaleidoscope Insurance Technologies, Sayata, & Liberty Insurance Adjustment Agency.
  • Belmont Holdings GX, Inc. consists of five statutory insurance carriers, each rated "A" (Excellent) by AM Best.