---
schema_version: "secwatch.filing_event.v1"
accession: "0001385613-25-000062"
form_type: "8-K"
ticker: "GLRE"
cik: "0001385613"
company_name: "GREENLIGHT CAPITAL RE, LTD."
filed_at: "2025-05-07T23:59:59+00:00"
generated_at: "2026-05-22T07:23:56.854878+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Greenlight Re Q1 net income $29.6M ($0.86/diluted), book value per share up 5.1%

## Summary
- Gross premiums written +14.1% to $247.9M; net premiums earned +4.3% to $168.5M.
- Net underwriting loss of $7.8M vs income of $3.4M; combined ratio 104.6% (97.9% prior).
- California wildfires contributed 14 points to combined ratio, in line with prior estimates.
- Investment income $40.5M (+29%); Solasglas portfolio returned 7.2% in the quarter.
- Fully diluted book value per share $18.87, up from $17.95 at Dec 31, 2024.

## SEC filing metadata
- accession: 0001385613-25-000062
- form_type: 8-K
- ticker: GLRE
- cik: 0001385613
- company_name: GREENLIGHT CAPITAL RE, LTD.
- filed_at: 2025-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1385613/000138561325000062/0001385613-25-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1385613/000138561325000062/glre-20250507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001385613-25-000062
- JSON: https://secwatch.observer/filing/0001385613-25-000062.json
- Plain text: https://secwatch.observer/filing/0001385613-25-000062.txt

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