Source-grounded facts extracted from GREENLIGHT CAPITAL RE, LTD.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
GREENLIGHT CAPITAL RE, LTD. reported first quarter March 31, 2026 results: revenue $154.1 million, net income $35.8 million, EPS $1.05.
“Gross premiums written decreased 8% to $227.9 million; • Net premiums earned decreased 8% to $154.1 million; • Net underwriting income of $6.2 million, compared to an underwriting loss of $7.8 million; • Combined ratio of 96.0%, compared to 104.6%; • Total investment income of $40.4 million, compared to $40.5 million; • Net income of $35.8 million, or $1.05 per diluted ordinary share, compared to net income of $29.6 million, or $0.86 per diluted ordinary share; • Repurchased $5 million of ordinary shares at an average cost of $16.70 per share; and • Fully diluted book value per share increased 4.7% to $21.40, from $20.43 at December 31, 2025.”
Debt Financings
GREENLIGHT CAPITAL RE, LTD. incurred debt of $300.0 million with CIBC Bank USA maturing December 22, 2027.
“(the “ Company ”), entered into a Master Letter of Credit Agreement (the “ GRIL LC Agreement ”) with CIBC Bank USA (“ CIBC ”), which provides for a committed letter of credit facility (the “ GRIL LC Facility ”) and (ii) Greenlight Reinsurance, Ltd.”
Material Agreements
GREENLIGHT CAPITAL RE, LTD. amended Greenlight Re LC Agreement with CIBC Bank USA valued at Amended and restated letter of credit facility with an initial commitment of $250,000,000 (effective 2026-04-01).
“and (ii) Greenlight Reinsurance, Ltd. (“ Greenlight Re ”, and together with GRIL, the “ LC Applicants ”, and each, an “ LC Applicant ”), a direct subsidiary of the Company, entered into an Amended and Restated Master Letter of Credit Agreement with CIBC (the “ Greenlight Re LC Agreement ”), which provides for a committed letter of credit facility (the “ Greenlight Re LC Facility ”, and together with the GRIL LC Facility, the “ LC Facilities ” and each, an “ LC Facility ”).”
Material Agreements
GREENLIGHT CAPITAL RE, LTD. entered into GRIL LC Agreement with CIBC Bank USA valued at Committed letter of credit facility with an initial commitment of $50,000,000 (effective 2026-04-01).
“On April 1, 2026 (the “ Closing Date ”), (i) Greenlight Reinsurance Ireland, Designated Activity Company (“ GRIL ”), a direct subsidiary of Greenlight Capital Re, Ltd. (the “ Company ”), entered into a Master Letter of Credit Agreement (the “ GRIL LC Agreement ”) with CIBC Bank USA (“ CIBC ”), which provides for a committed letter of credit facility (the “ GRIL LC Facility ”)”
Debt Financings
GREENLIGHT CAPITAL RE, LTD. amended revolving credit of $50 million revolving credit facility with CIBC Bank USA at Term SOFR plus 3.25% per annum maturing September 3, 2030.
“date of the Amendment, the " Existing Credit Agreement ", and as further amended by the Amendment, the “ Amended Credit Agreement ”). The Amended Credit Agreement provides for a $50 million revolving credit facility (the “ Revolving Credit Facility ”), proceeds which were used to refinance in full the Company’s term loan facility under the Existing Credit Agreement”
Earnings Releases
GREENLIGHT CAPITAL RE, LTD. reported first quarter ended March 31, 2024 results: revenue Gross premiums written increased 16.5% to $217.3 million, net income Net income of $27.0 million, or $0.78 per diluted ordinary share, compared to $5.9 million, or $0.17 per diluted ordinar, EPS $0.78 per diluted ordinary share.
“be expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- GREENLIGHT RE ANNOUNCES FIRST QUARTER 2024 FINANCIAL RESULTS Strong Premium Growth of 16.5%, Leading to Net income of $27.0 million GRAND CAYMAN, Cayman Islands – May 8, 2024 – Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”) today reported”
Earnings Releases
GREENLIGHT CAPITAL RE, LTD. reported financial results for the first quarter ended March 31, 2024.
“On May 8, 2024, Greenlight Capital Re, Ltd. (the "Registrant") issued a press release announcing its financial results for the first quarter ended March 31, 2024. A copy of the press release is attached as Exhibit 99.1 to this Form 8-K and incorporated herein by reference.”
Material Agreements
GREENLIGHT CAPITAL RE, LTD. terminated Facility with Citibank Europe plc valued at $275,000,000 (effective 2024-04-12).
“On April 12, 2024, Greenlight Capital Re, Ltd. (the “Registrant”) received written notice (the “Notice”) from Citibank Europe plc (“Citi”) of its decision to terminate its commitment under the $275,000,000 letter of credit facility agreement, between the Registrant’s subsidiary Greenlight Reinsurance, Ltd. ("Greenlight Reinsurance") and Citi, dated August 20, 2010, as amended (the “Facility”).”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.