ASBESTOS UPDATE: Global Indemnity Has $30.33MM Net A&E Reserves

Global Indemnity Plc’s net reserves for asbestos and environmental losses and loss adjustment expenses were US$30,333,000 during the year ended Dec. 31, 2010, compared with US$31,677,000 during the year ended Dec. 31, 2009.

Gross reserves for A&E losses and LAE were…