Global Indemnity stock hits highest point in 2022 after WRB discloses 6% holding

Published: Wed 18 May 2022

Global Indemnity’s share price ended Tuesday trading with its highest close of 2022 after investors responded positively to WR Berkley’s disclosure that it had built a close-to 6 percent holding in the Bala Cynwyd, Pennsylvania-based specialty insurer during the first quarter of this year.