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Global Indemnity board ‘fully aligned’ with shareholders, Fox tells activist

Global Indemnity Group boardroom.jpg

The chairman and controlling shareholder of specialty carrier Global Indemnity, Saul Fox, has responded to an activist investor’s recent criticisms, telling the shareholder that the company’s board is “fully aligned” with the investor’s interest in maximizing shareholder value, but suggesting the two sides diverge on the question of strategic vision.

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