earnings
confidence high
sentiment neutral
materiality 0.70
Greenlight Re Q2 2025: Combined ratio 95%, net income $0.3M from investment loss
GREENLIGHT CAPITAL RE, LTD.
2025-Q2 EPS reported
$0.87
revenue$373,408,000
- Gross premiums written up 6.3% to $179.6M; net underwriting income $8.1M vs $0.3M YoY.
- Combined ratio improved to 95.0% from 99.9% YoY; six-month ratio 99.9% vs 98.9%.
- Total investment loss $7.8M vs income $15.3M; net income $0.3M ($0.01 EPS) vs $8.0M ($0.23).
- Repurchased $5.0M shares at avg $13.99; fully diluted book value per share $18.97 (up 0.5% QoQ).
- At July 29 AGM, shareholders elected 10 directors, ratified Deloitte auditor, and approved say-on-pay.