Highest-materiality recent filing
Greenlight Re posts Q2 net loss of $29.6M; enters share repurchase agreement with Einhorn trust
Q2 net loss $29.6M ($0.89 diluted EPS) vs net income $0.3M in Q2 2025; combined ratio 100.1% vs 95.0%.
Agreement to repurchase shares from Einhorn trust to keep his ownership percentage constant, avoiding adverse tax consequences.
Greenlight Re Q1 net income $35.8M ($1.05 EPS); combined ratio improves to 96.0%
Net income $35.8M ($1.05 diluted EPS) vs $29.6M ($0.86) year ago.
Greenlight Re Q4 net income $49.3M, combined ratio 92.1%, book value up 8.1%
Q4 net income $49.3M ($1.44 diluted EPS) vs net loss $27.4M ($0.81 loss) in Q4 2024.
Greenlight Re posts record Q3 combined ratio 86.6%; net loss $4.4M on investment losses
Net underwriting income $22.3M, combined ratio 86.6% (record low) vs 95.9% Q3 2024.
Greenlight Re Q2 2025: Combined ratio 95%, net income $0.3M from investment loss
Gross premiums written up 6.3% to $179.6M; net underwriting income $8.1M vs $0.3M YoY.
Greenlight Re Q1 net income $29.6M ($0.86/diluted), book value per share up 5.1%
Gross premiums written +14.1% to $247.9M; net premiums earned +4.3% to $168.5M.
Greenlight Re Q4 net loss $27.4M; underwriting loss $18M, combined ratio 112% vs 91% prior year
Q4 gross written premiums +28% to $143.8M, but net underwriting loss $18M vs $11.8M income in Q4 2023.
Greenlight Re Q3 net income $35.2M ($1.01/diluted); combined ratio 95.9%, book value up 6.1%
Gross premiums written $168.3M down 8% YoY; net premiums earned $151.9M down 6.9%.
Greenlight Re Q2 net income drops 84% to $8.0M on weaker investment income
Gross premiums written grew 9.1% to $169.0M; net premiums earned up 13.2% to $158.4M.
Greenlight Re reports Q1 net income of $27.0M; gross premiums up 16.5% to $217.3M
Net income $27.0M ($0.78 diluted EPS) vs $5.9M ($0.17) in Q1 2023; underwriting income $3.4M.
Greenlight Re FY2023 record underwriting income $32M; book value +16.8% to $16.74
Full year net income $86.8M ($2.50 diluted EPS) vs $25.3M in 2022, up 243%.
CEO Simon Burton to depart Dec 31; Greg Richardson named successor; Q3 net income $13.5M
Simon Burton will step down as CEO and director effective Dec 31, 2023; Greg Richardson appointed CEO and board member effective Jan 1, 2024.
Greenlight Re Q2 net income triples to $49.9M; book value per share up 9.9%
Net income $49.9M ($1.32 diluted EPS) vs $14.8M ($0.37) a year ago; total investment income $42.2M.
Greenlight Capital Re enters $75M term loan facility; refinances convertible notes due Aug 2023
Delayed draw term loan of $75M; matures Aug 1, 2026; interest at Term SOFR + 3.50% p.a.
Greenlight Re reports Q1 net income $5.9M; gross premiums written up 27.8%
Net income $5.9M (diluted EPS $0.17) vs net loss $5.7M in Q1 2022.
Greenlight Re Q4 net income $34.8M, book value up 7.7% to $14.59
Q4 net income $34.8M ($0.91/diluted share) vs $24.3M ($0.71) in Q4 2021; combined ratio 94.2% vs 96.4%.
Greenlight Re reports Q3 net loss $18.5M, combined ratio 115.4%, book value down 3.9%
Net loss of $18.5M ($0.56/diluted share) vs loss of $13.9M ($0.42) in Q3 2021.
Greenlight Re Q2 net income $14.8M ($0.37 EPS); combined ratio improves to 91.6%
Net income $14.8M ($0.37/diluted) vs $0.6M a year ago; book value per share up 3.3% to $14.10.
Greenlight Re Q1 net loss $5.7M; combined ratio 106.2%; book value down 2.4%
Net loss of $5.7M ($0.17 per share) vs net income of $6.5M in Q1 2021.
Greenlight Re Q4 net income $24.3M; book value per share up 5.6% to $13.99
Net income $24.3M ($0.71/sh) vs $42.0M in Q4 2020; combined ratio improved to 96.4% from 101.0%.
Greenlight Capital Re gets Lloyd's nod for insurtech syndicate 3456
Received in-principle approval from Lloyd's to establish Syndicate 3456 under 'Syndicate-in-a-box' model.
Greenlight Re reports Q3 net loss of $13.9M; combined ratio 109.3% from catastrophe losses
Net loss of $13.9M ($0.42 per share) vs net income of $2.2M ($0.06) in Q3 2020.
Q2 net income $0.6M ($0.02 EPS) vs loss $0.1M last year; combined ratio improved to 96.5% from 101.2%.
it is contemplated that Mr. Richardson will become a member of the Registrant's board of directors on January 1, 2024.
Mr. Richardson will succeed Simon Burton, who is leaving the Registrant on December 31, 2023.
Greg Richardson will be appointed Chief Executive Officer effective as of January 1, 2024.
Mr. Romer will succeed Neil Greenspan, who is leaving the Company on March 31, 2023.
Faramarz Romer, the Registrant’s Chief Accounting Officer and Treasurer, will be appointed Chief Financial Officer effective as of April 1, 2023.
On October 25, 2022, Greenlight Capital Re, Ltd. (the “Company”) and Greenlight Reinsurance, Ltd. (“Greenlight” and, together with the Company, the “Employer”) announced that Laura Accurso, General Counsel, Corporate Secretary, and Chief Compliance Officer of the Employer, will separate from the Employer, effective as of December 31, 2022
Simon Burton, the Registrant’s Chief Executive Officer, relinquished his role as Chief Underwriting Officer
Max materiality 0.80 · Median 0.60 · Most common event earnings