secwatch.observer — SEC 8-K summary
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Issuer:     GREENLIGHT CAPITAL RE, LTD. (GLRE)
CIK:        0001385613
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001385613-24-000051
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greenlight Re reports Q1 net income of $27.0M; gross premiums up 16.5% to $217.3M
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- Net income $27.0M ($0.78 diluted EPS) vs $5.9M ($0.17) in Q1 2023; underwriting income $3.4M.
- Gross premiums written $217.3M (+16.5% YoY); net premiums earned $161.5M (+13.2%).
- Combined ratio improved to 98.0% from 99.8%; catastrophe losses from Baltimore bridge added 7.7%.
- Investment income $26.4M including $18.2M from Solasglas fund (5.2% return).
- Book value per share $17.39, up 3.9% from $16.74 at Dec 31, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1385613/000138561324000051/0001385613-24-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1385613/000138561324000051/glre-20240508.htm
  HTML page:      https://secwatch.observer/filing/0001385613-24-000051

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