Greenlight Capital Re Ltd Stock Price, News & Analysis

Greenlight Capital Re (NASDAQ: GLRE), a multiline property and casualty insurer and reinsurer, has scheduled its Second Quarter 2025 financial results release and conference call. The company will release its Q2 and six-month results for the period ended June 30, 2025, after market close on Monday, August 4, 2025.

A live conference call to discuss the results will be held on Tuesday, August 5, 2025, at 9:00 a.m. Eastern Time. The call will be accessible via both telephone and webcast, with a replay available until August 11, 2025.

Greenlight Capital Re (NASDAQ: GLRE) reported strong Q1 2025 financial results with net income of $29.6 million ($0.86 per diluted share), up from $27.0 million in Q1 2024. The company's gross premiums written increased 14.1% to $247.9 million, while net premiums earned rose 4.3% to $168.5 million. Despite California wildfire losses impacting the combined ratio (104.6% vs 97.9% in Q1 2024), the company's investment portfolio performed exceptionally well, generating total investment income of $40.5 million, up from $31.4 million. The Solasglas investment portfolio achieved a 7.2% return amid challenging market conditions. The company's fully diluted book value per share grew 5.1% to $18.87 from $17.95 at the end of 2024.

Greenlight Capital Re (NASDAQ: GLRE), a multiline property and casualty insurer and reinsurer, has scheduled its first quarter 2025 financial results release for Wednesday, May 7, 2025, after market close. The company will host a conference call to discuss the results on Thursday, May 8, 2025, at 9:00 a.m. Eastern Time.

Investors can participate via U.S. toll-free number (1-877-407-9753) or international number (1-201-493-6739). A webcast option is also available, and a replay will be accessible through May 13, 2025, using access code 13752944.

Greenlight Reinsurance (NASDAQ: GLRE) has appointed Martin Vezina as Head of Underwriting Analytics, effective immediately. Based at the company's headquarters in Grand Cayman, Vezina brings over 30 years of reinsurance experience with expertise in underwriting and pricing functions.

Group Chief Underwriting Officer Tom Curnock highlighted Vezina's extensive background in Property Catastrophe and Insurance-Linked Securities, noting that he will be instrumental in advancing analytics usage for underwriting decisions and strategic planning. Vezina expressed enthusiasm about joining Greenlight Re, citing the company's combination of technical expertise and industry knowledge as key attractions.

Greenlight Capital Re (NASDAQ: GLRE) reported its Q4 and full-year 2024 financial results, marking its fifth consecutive year of book value growth with a 7.2% increase to $17.95 per share. The company announced a restructuring of its reportable segments into Open Market and Innovations.

For Q4 2024, GLRE reported a net loss of $27.4 million ($-0.81 per diluted share), with gross premiums written increasing 28.0% to $143.8 million. The quarter saw a combined ratio of 112.1% and an underwriting loss of $18.0 million, primarily due to aviation losses from the Russia-Ukraine conflict and catastrophe events.

Full-year 2024 results showed gross premiums written up 9.7% to $698.3 million, with net income of $42.8 million ($1.24 per diluted share). The company's investment program, Solasglas, achieved a 9.8% return for 2024 with a year-ending net exposure of 33%.

Greenlight Capital Re (NASDAQ: GLRE), a multiline property and casualty insurer and reinsurer, has announced it will release its fourth quarter and full year 2024 financial results after market close on Monday, March 10, 2025.

The company will host a live conference call to discuss these results on Tuesday, March 11, 2025, at 9:00 a.m. Eastern Time. Investors can participate through U.S. toll-free (1-877-407-9753) or international (1-201-493-6739) numbers. A webcast option is also available, and a replay will be accessible until March 18, 2025.

Greenlight Capital Re (NASDAQ: GLRE) announces its upcoming Investor Day scheduled for Tuesday, November 19, 2024, in New York City. The event will commence at 12:00 PM ET with a luncheon followed by presentations from key leadership, including Board Chairman David Einhorn, CEO Greg Richardson, and CFO Faramarz Romer.

The program will conclude with a Q&A session allowing direct interaction with management. Due to space, advance registration is required through IR representative Karin Daly at IR@greenlightre.ky. Event materials and recording will be available on the company's website investor relations section.

Greenlight Capital Re (NASDAQ: GLRE) reported its Q3 2024 financial results with net income of $35.2 million, or $1.01 per diluted share, compared to $13.5 million in Q3 2023. The company achieved a combined ratio of 95.9% and gross premiums written of $168.3 million. Investment income reached $28.1 million, with Solasglas fund returning 5.2%. The company's fully diluted book value per share increased 6.1% to $18.72. Despite catastrophe losses from Hurricane Helene, Central European floods, and US severe convective storms adding 9.3% to the combined ratio, the company maintained profitable performance for the eighth consecutive quarter.

Greenlight Capital Re announced it will release its financial results for Q3 2024 after market close on Monday, November 4, 2024. The company will host a live conference call to discuss the results on Tuesday, November 5, 2024, at 9:00 a.m. Eastern Time. Participants can join via phone using U.S. toll-free number 1-877-407-9753 or international number 1-201-493-6739. A webcast option is also available. A replay will be accessible through November 11, 2024, using specific dial-in numbers and access code 13749374.