{"schema_version":"secwatch.filing_event.v1","accession":"0001385613-23-000115","form_type":"8-K","ticker":"GLRE","cik":"0001385613","company_name":"GREENLIGHT CAPITAL RE, LTD.","filed_at":"2023-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.821977+00:00","generated_at":"2026-06-08T08:58:17.299919+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"CEO Simon Burton to depart Dec 31; Greg Richardson named successor; Q3 net income $13.5M","bullets":["Simon Burton will step down as CEO and director effective Dec 31, 2023; Greg Richardson appointed CEO and board member effective Jan 1, 2024.","Richardson employment agreement provides $800k base salary, 100% target bonus, equity awards with 150% of salary target, and 250,000 stock options.","Burton separation includes $2.4M cash severance over 18 months, vesting of time-vesting shares, and $1.6M performance share grant in March 2024.","Q3 2023 gross premiums written increased 18.0% to $183.1M; net income of $13.5M ($0.39 diluted EPS) vs net loss of $18.5M a year ago.","Fully diluted book value per share rose 2.3% to $16.58; combined ratio improved to 91.2% from 115.4% in Q3 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001385613-23-000115","json":"https://secwatch.observer/filing/0001385613-23-000115.json","markdown":"https://secwatch.observer/filing/0001385613-23-000115.md","text":"https://secwatch.observer/filing/0001385613-23-000115.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1385613/000138561323000115/0001385613-23-000115-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1385613/000138561323000115/glre-20231103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T08:58:17.299919+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"830df2e442d3ed8d5b71294b3eec7deeefd1065e","claim":"GREENLIGHT CAPITAL RE, LTD. reported the third quarter ended September 30, 2023 results: net income Net income of $13.5 million, EPS $0.39 per diluted ordinary share.","evidence_excerpt":"On November 8, 2023, Greenlight Capital Re, Ltd. (the \"Registrant\") issued a press release announcing its financial results for the third quarter and nine months ended September 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1385613/000138561323000115/0001385613-23-000115-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"Net income","value":"Net income of $13.5 million"},{"label":"EPS","value":"$0.39 per diluted ordinary share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"05c44dc7fd","claim":"Greg Richardson was appointed as Director at GREENLIGHT CAPITAL RE, LTD..","evidence_excerpt":"it is contemplated that Mr. Richardson will become a member of the Registrant's board of directors on January 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1385613/000138561323000115/0001385613-23-000115-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"98ea04fd75","claim":"Simon Burton departed as Chief Executive Officer at GREENLIGHT CAPITAL RE, LTD..","evidence_excerpt":"Mr. Richardson will succeed Simon Burton, who is leaving the Registrant on December 31, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1385613/000138561323000115/0001385613-23-000115-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"leaving"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"b8974880da","claim":"Greg Richardson was appointed as Chief Executive Officer at GREENLIGHT CAPITAL RE, LTD..","evidence_excerpt":"Greg Richardson will be appointed Chief Executive Officer effective as of January 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1385613/000138561323000115/0001385613-23-000115-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}