---
schema_version: "secwatch.filing_event.v1"
accession: "0001385613-23-000010"
form_type: "8-K"
ticker: "GLRE"
cik: "0001385613"
company_name: "GREENLIGHT CAPITAL RE, LTD."
filed_at: "2023-03-08T23:59:59+00:00"
generated_at: "2026-06-18T08:17:39.039742+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Greenlight Re Q4 net income $34.8M, book value up 7.7% to $14.59

## Summary
- Q4 net income $34.8M ($0.91/diluted share) vs $24.3M ($0.71) in Q4 2021; combined ratio 94.2% vs 96.4%.
- Fully diluted book value per share increased 7.7% to $14.59.
- Q4 total investment income $32.5M; Solasglas fund returned 13.4% (25.3% full year).
- Full-year 2022 underwriting loss $10.7M (combined ratio 102.3%) from $13.6M Russia-Ukraine and $25.7M catastrophe losses.
- Full-year net premiums earned $469.5M, down 12.9% YoY; gross written premiums $563.2M, flat.

## SEC filing metadata
- accession: 0001385613-23-000010
- form_type: 8-K
- ticker: GLRE
- cik: 0001385613
- company_name: GREENLIGHT CAPITAL RE, LTD.
- filed_at: 2023-03-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1385613/000138561323000010/0001385613-23-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1385613/000138561323000010/glre-20230308.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001385613-23-000010
- JSON: https://secwatch.observer/filing/0001385613-23-000010.json
- Plain text: https://secwatch.observer/filing/0001385613-23-000010.txt

## Key facts
- Earnings Releases
  GREENLIGHT CAPITAL RE, LTD. reported financial results for fourth quarter and year ended December 31, 2022.
  - Period: fourth quarter and year ended December 31, 2022
  - Result: reported results
  source text: On March 8, 2023, Greenlight Capital Re, Ltd. (the "Registrant") issued a press release announcing its financial results for the fourth quarter and year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1385613/000138561323000010/0001385613-23-000010-index.htm

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