---
schema_version: "secwatch.filing_event.v1"
accession: "0001385613-23-000094"
form_type: "8-K"
ticker: "GLRE"
cik: "0001385613"
company_name: "GREENLIGHT CAPITAL RE, LTD."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T12:24:46.363905+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Greenlight Re Q2 net income triples to $49.9M; book value per share up 9.9%

## Summary
- Net income $49.9M ($1.32 diluted EPS) vs $14.8M ($0.37) a year ago; total investment income $42.2M.
- Gross premiums written up 15% to $154.9M; net premiums earned up 27% to $139.9M.
- Combined ratio 96.2% (vs 91.6%), impacted by 7.3 points from U.S. severe storm losses.
- Fully diluted book value per share rose 9.9% to $16.21 from $14.75 at March 31, 2023.
- Solasglas fund returned 10.9% in Q2; chairman highlights gains in Green Brick Partners.

## SEC filing metadata
- accession: 0001385613-23-000094
- form_type: 8-K
- ticker: GLRE
- cik: 0001385613
- company_name: GREENLIGHT CAPITAL RE, LTD.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1385613/000138561323000094/0001385613-23-000094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1385613/000138561323000094/glre-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001385613-23-000094
- JSON: https://secwatch.observer/filing/0001385613-23-000094.json
- Plain text: https://secwatch.observer/filing/0001385613-23-000094.txt

## Key facts
- Earnings Releases
  GREENLIGHT CAPITAL RE, LTD. reported the second quarter ended June 30, 2023 results: net income $49.9 million, EPS $1.32 per diluted ordinary share.
  - Period: the second quarter ended June 30, 2023
  - Net income: $49.9 million
  - EPS: $1.32 per diluted ordinary share
  - Result: reported results
  source text: Net income of $49.9 million, or $1.32 per diluted ordinary share compared to a net income of $14.8 million, or $0.37 per diluted ordinary share;
  evidence_url: https://www.sec.gov/Archives/edgar/data/1385613/000138561323000094/0001385613-23-000094-index.htm

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