Sec Form 13G Filing - BERKLEY W R CORP (WRB) filing for Global Indemnity Group LLC (GBLI) - 2023-02-07

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No.  )*


Global Indemnity Group, LLC
(Name of Issuer)

Class A Common Shares
(Title of Class of Securities)

37959R103
(CUSIP Number)


December 31, 2022
(Date of Event which Requires Filing
of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[X]     Rule 13d-1(b)
[   ]     Rule 13d-1(c)
[   ]     Rule 13d-1(d)



*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).



CUSIP No. 37959R103
13G
Page 2 of 6 Pages
1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
W. R. Berkley Corporation
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  ☐
(b)   ☐
 
3
SEC USE ONLY



4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
919,661
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
919,661
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
919,661
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES               ☐
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
8.6%
12
TYPE OF REPORTING PERSON*
 
CO


CUSIP No. 37959R103
13G
Page 3 of 6 Pages
1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Berkley Insurance Company
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  ☐
(b)  ☐
 
3
SEC USE ONLY



4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
919,661
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
919,661
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
919,661
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES              ☐
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
8.6%
12
TYPE OF REPORTING PERSON*
 
IC, CO



Item 1(a)
Name of Issuer:
   
 
Global Indemnity Group, LLC
   
Item 1(b)
Address of Issuer's Principal Executive Offices:
   
 
3 Bala Plaza East, Suite 300
 
Bala Cynwyd, PA 19004
   
Item 2(a)
Name of Person Filing:
   
 
The information required by Item 2(a) is set forth in Row 1 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
   
Item 2(b)
Address of Principal Business Office or, if none, Residence:
   
 
The address of each Reporting Person is:
 
475 Steamboat Road
 
Greenwich, CT 06830
   
Item 2(c)
Citizenship:
   
 
The information required by Item 2(c) is set forth in Row 4 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
   
Item 2(d)
Title of Class of Securities:
   
 
Class A Common Stock, no par value
   
Item 2(e)
CUSIP Number:
   
 
37959R103
   
Item 3
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
   
 
(a) [  ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
 
(b) [  ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
 
(c) [X] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
 
(d) [  ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8);
 
(e) [  ] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
 
(f) [  ] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
 
(g) [  ] A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
 
(h) [  ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
 
(i) [  ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
 
(j) [  ] A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J);
 
(k) [  ] Group, in accordance with § 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ________



Item 4
Ownership:
   
 
The information required by Items 4(a)-(c) is set forth in Rows 5-11 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
 
Calculation of the ownership percentage set forth in Row 11 is based on Issuer’s publicly available Form 10-Q filed November 9, 2022, which states that Issuer had outstanding 10,668,423 Class A Common Shares as of November 1, 2022.
   
Item 5
Ownership of Five Percent or Less of a Class:
   
 
Not Applicable
   
Item 6
Ownership of More than Five Percent on Behalf of Another Person:
   
 
Not Applicable
   
Item 7
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person:
   
 
See Exhibit 99.1.
   
Item 8
Identification and Classification of Members of the Group:
   
 
Not Applicable
   
Item 9
Notice of Dissolution of Group:
   
 
Not Applicable
   
Item 10
Certification:
   
 
By signing below each Reporting Person certifies that, to the best of its knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

[Remainder of page intentionally left blank]




SIGNATURE

After reasonable inquiry and to the best of the knowledge and belief of the undersigned, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated:  February 7, 2023

 
W. R. BERKLEY CORPORATION
   
 
By:
/s/ Richard M. Baio                              
   
Name:  Richard M. Baio
   
Title:  Executive Vice President and Chief Financial Officer
   
   
 
BERKLEY INSURANCE COMPANY
   
 
By:
/s/ Richard M. Baio                             
   
Name:  Richard M. Baio
   
Title: Executive Vice President and Treasurer