secwatch.observer — SEC 8-K summary
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Issuer:     GREENLIGHT CAPITAL RE, LTD. (GLRE)
CIK:        0001385613
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001385613-23-000062
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greenlight Re reports Q1 net income $5.9M; gross premiums written up 27.8%
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- Net income $5.9M (diluted EPS $0.17) vs net loss $5.7M in Q1 2022.
- Gross premiums written $186.5M (+27.8% YoY); net premiums earned $142.6M (+13.3%).
- Underwriting income $0.4M vs underwriting loss $7.7M; combined ratio improved to 99.8% from 106.2%.
- Adverse prior-year development $12.0M (8.4 points); catastrophe losses $6.2M (4.3 points) from Turkey earthquake, NZ cyclone, and U.S. storms.
- Fully diluted book value per share rose 1.1% to $14.75; Solasglas fund returned -1.1%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1385613/000138561323000062/0001385613-23-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1385613/000138561323000062/glre-20230509.htm
  HTML page:      https://secwatch.observer/filing/0001385613-23-000062

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