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Net Income Expands to $29.6 million Despite California Wildfire Losses, Leading to Fully Diluted Book Value Per Share Growth of 5.1% GRAND CAYMAN, Cayman Islands, May 07, 2025 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ:GLRE) ("Greenlight Re" or the "Company") today reported its financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights (all comparisons are to first quarter 2024 unless noted otherwise): Gross premiums written increased 14.1% to $247.9 million;Net premiums earned increased 4.3% to $168.5 million;Net underwriting loss of $7.8 million, compared to net underwriting income of $3.4 million;Combined ratio of 104.6%, compared to 97.
GRAND CAYMAN, Cayman Islands, May 02, 2025 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ:GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, today announced that it expects to release financial results for the first quarter ended March 31, 2025, after the market closes on Wednesday, May 7, 2025. A live conference call to discuss the financial results will be held on Thursday, May 8, 2025, at 9:00 a.m. Eastern Time. Conference Call Details To participate in the Greenlight Re First Quarter 2025 Earnings Call, please dial in to the conference call at: U.S. toll free1-877-407-9753International1-201-493-6739 The conference call can al
GRAND CAYMAN, Cayman Islands, May 01, 2025 (GLOBE NEWSWIRE) -- Greenlight Reinsurance, Ltd. ("Greenlight Re" or the "Company"), a subsidiary of Greenlight Capital Re, Ltd. (NASDAQ:GLRE), today announced the appointment of Martin Vezina as Head of Underwriting Analytics with immediate effect. In this capacity, Vezina will play a pivotal role in overseeing Greenlight Re's underwriting analytics and pricing function and will be based out of the Company's headquarters in Grand Cayman. "I am excited to join Greenlight Re and look forward to the continued enhancement of the Company's underwriting platform. Through my prior collaboration with various members of the Greenlight Re team, I have com
Net Income Expands to $29.6 million Despite California Wildfire Losses, Leading to Fully Diluted Book Value Per Share Growth of 5.1% GRAND CAYMAN, Cayman Islands, May 07, 2025 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ:GLRE) ("Greenlight Re" or the "Company") today reported its financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights (all comparisons are to first quarter 2024 unless noted otherwise): Gross premiums written increased 14.1% to $247.9 million;Net premiums earned increased 4.3% to $168.5 million;Net underwriting loss of $7.8 million, compared to net underwriting income of $3.4 million;Combined ratio of 104.6%, compared to 97.
GRAND CAYMAN, Cayman Islands, May 02, 2025 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ:GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, today announced that it expects to release financial results for the first quarter ended March 31, 2025, after the market closes on Wednesday, May 7, 2025. A live conference call to discuss the financial results will be held on Thursday, May 8, 2025, at 9:00 a.m. Eastern Time. Conference Call Details To participate in the Greenlight Re First Quarter 2025 Earnings Call, please dial in to the conference call at: U.S. toll free1-877-407-9753International1-201-493-6739 The conference call can al
GRAND CAYMAN, Cayman Islands, March 10, 2025 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ:GLRE) ("Greenlight Re" or the "Company") today reported its financial results for the fourth quarter and year ended December 31, 2024. Effective December 31, 2024, the Company restructured its reportable segments to better align with its multi-pillar strategy. Moving forward, the Company will report financial results under two segments, Open Market and Innovations. Additionally, prior-period results have been revised to ensure consistency with the new reporting structure. Fourth Quarter 2024 Highlights (all comparisons are to fourth quarter 2023 unless noted otherwise): Gross premiums wr
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GRAND CAYMAN, Cayman Islands, May 01, 2025 (GLOBE NEWSWIRE) -- Greenlight Reinsurance, Ltd. ("Greenlight Re" or the "Company"), a subsidiary of Greenlight Capital Re, Ltd. (NASDAQ:GLRE), today announced the appointment of Martin Vezina as Head of Underwriting Analytics with immediate effect. In this capacity, Vezina will play a pivotal role in overseeing Greenlight Re's underwriting analytics and pricing function and will be based out of the Company's headquarters in Grand Cayman. "I am excited to join Greenlight Re and look forward to the continued enhancement of the Company's underwriting platform. Through my prior collaboration with various members of the Greenlight Re team, I have com
GRAND CAYMAN, Cayman Islands, April 27, 2023 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ:GLRE) ("Greenlight Re" or the "Company") today announced the appointment of David E. Sigmon as General Counsel, Corporate Secretary and Chief Compliance Officer, subject to regulatory and immigration approvals. In this role, Mr. Sigmon will be responsible for managing the Company's legal, regulatory, governance and compliance functions. "I am excited to join the innovative Greenlight Re team and look forward to utilizing my breadth of knowledge in traditional insurance and (re)insurance in an effort to further build the Company for the future," said Mr. Sigmon. Simon Burton, Chief Executi
GRAND CAYMAN, Cayman Islands, Oct. 01, 2021 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ:GLRE) ("Greenlight Re" or the "Company"), has appointed Brian O'Reilly as Head of Innovations. Commenting on the promotion, Simon Burton, Chief Executive Officer at Greenlight Re said: "As a founding member of Greenlight Re Innovations, Brian has done a tremendous job positioning Greenlight as a strategic partner to early stage insurtechs. In his new role, Brian is responsible for the growth of the unit, which is increasingly important to Greenlight's brand and product offerings." Brian O'Reilly said, "I look forward to continuing to support our 18 portfolio companies and, at this exciting
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