Global Indemnity has reported total revenues of $94.5m for the second quarter of 2010, a decrease of 2.2% compared to $96.7m for the same quarter in 2009.
For the quarter ended June 30, 2010, the company posted net income of $24.5m, or $0.81 per share, compared to $16.3m, or $0.64 per share, for the same period last year.
The company posted second quarter operating income of $20.7m, or $0.69 per share, compared to $12.7m, or $0.50 per share, for the same period last year.
Income before income taxes for the second quarter were $26m compared to $17.2m for the same quarter in 2009.
Global Indemnity, through its several direct and indirect wholly owned subsidiary insurance and reinsurance companies, provides both admitted and non-admitted specialty property and casualty insurance coverages in the US, and also reinsurance throughout the world.