secwatch.observer — SEC 8-K summary
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Issuer:     GREENLIGHT CAPITAL RE, LTD. (GLRE)
CIK:        0001385613
Form:       8-K
Filed at:   2021-11-03T23:59:59+00:00
Accession:  0001385613-21-000122
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greenlight Re reports Q3 net loss of $13.9M; combined ratio 109.3% from catastrophe losses
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- Net loss of $13.9M ($0.42 per share) vs net income of $2.2M ($0.06) in Q3 2020.
- Combined ratio 109.3% (90.3% adjusted for catastrophes) vs 100.4% in Q3 2020.
- Catastrophe losses from Hurricane Ida, European floods, and South African riots totaled $25.9M.
- Book value per share fell 2.6% to $13.25; share buybacks of 354,411 shares at avg $9.18.
- Total investment income of $4.1M, with $10.3M from Innovations investments offsetting Solasglas fund loss of $6.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1385613/000138561321000122/0001385613-21-000122-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1385613/000138561321000122/glre-20211103.htm
  HTML page:      https://secwatch.observer/filing/0001385613-21-000122

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