---
schema_version: "secwatch.filing_event.v1"
accession: "0001385613-24-000088"
form_type: "8-K"
ticker: "GLRE"
cik: "0001385613"
company_name: "GREENLIGHT CAPITAL RE, LTD."
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:12:33.540982+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Greenlight Re Q2 net income drops 84% to $8.0M on weaker investment income

## Summary
- Gross premiums written grew 9.1% to $169.0M; net premiums earned up 13.2% to $158.4M.
- Underwriting income fell to $0.3M from $5.4M; combined ratio worsened to 99.8% from 96.2%.
- Total investment income was $12.6M, down from $42.2M; Solasglas fund returned 1.2%.
- Net income of $8.0M ($0.23 diluted EPS) vs $49.9M ($1.32) a year ago; BV per share rose 1.5% to $17.65.
- U.S. severe convective storm losses from a run-off contract hurt underwriting; 2024 Investor Day set for Nov 19.

## SEC filing metadata
- accession: 0001385613-24-000088
- form_type: 8-K
- ticker: GLRE
- cik: 0001385613
- company_name: GREENLIGHT CAPITAL RE, LTD.
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1385613/000138561324000088/0001385613-24-000088-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1385613/000138561324000088/glre-20240806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001385613-24-000088
- JSON: https://secwatch.observer/filing/0001385613-24-000088.json
- Plain text: https://secwatch.observer/filing/0001385613-24-000088.txt

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