earnings
confidence high
sentiment positive
materiality 0.75
Greenlight Re Q4 net income $49.3M, combined ratio 92.1%, book value up 8.1%
GREENLIGHT CAPITAL RE, LTD.
- Q4 net income $49.3M ($1.44 diluted EPS) vs net loss $27.4M ($0.81 loss) in Q4 2024.
- Q4 combined ratio improved to 92.1% from 112.1%; net underwriting income $13.0M vs loss $18.0M.
- Gross premiums written up 12% to $161.3M; net premiums earned up 12% to $165.6M.
- Full-year net income $74.8M ($2.17 diluted EPS), combined ratio 94.6% vs 101.4%.
- Fully diluted book value per share $20.43, up 13.8% from $17.95 at Dec 31, 2024.