---
schema_version: "secwatch.filing_event.v1"
accession: "0001385613-22-000070"
form_type: "8-K"
ticker: "GLRE"
cik: "0001385613"
company_name: "GREENLIGHT CAPITAL RE, LTD."
filed_at: "2022-05-03T23:59:59+00:00"
generated_at: "2026-06-26T01:21:56.948108+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Greenlight Re Q1 net loss $5.7M; combined ratio 106.2%; book value down 2.4%

## Summary
- Net loss of $5.7M ($0.17 per share) vs net income of $6.5M in Q1 2021.
- Combined ratio worsened to 106.2% from 101.5% a year earlier.
- Russian-Ukrainian conflict added $13.6M (10.8 points) to the combined ratio.
- Total investment income fell to $7.7M from $18.7M; Solasglas fund returned 1.7%.
- Fully diluted book value per share decreased 2.4% to $13.65.

## SEC filing metadata
- accession: 0001385613-22-000070
- form_type: 8-K
- ticker: GLRE
- cik: 0001385613
- company_name: GREENLIGHT CAPITAL RE, LTD.
- filed_at: 2022-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1385613/000138561322000070/0001385613-22-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1385613/000138561322000070/glre-20220503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001385613-22-000070
- JSON: https://secwatch.observer/filing/0001385613-22-000070.json
- Plain text: https://secwatch.observer/filing/0001385613-22-000070.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.