Greenlight Capital Re Ltd Stock Price, News & Analysis

Greenlight Capital Re (NASDAQ: GLRE) announced on November 13, 2025 that AM Best upgraded the Financial Strength Rating of Greenlight Reinsurance, Ltd. and Greenlight Reinsurance Ireland, DAC to "A" (Excellent) from "A-" and raised their Long-Term Issuer Credit Ratings to "a" from "a-". AM Best also upgraded the Company’s Long-Term ICR to "bbb" from "bbb-" and revised the ratings outlooks to stable from positive. AM Best cited a very strong balance sheet, adequate operating performance, a neutral business profile and appropriate enterprise risk management, noting improved return metrics. Management highlighted record quarterly underwriting performance and said the upgrade supports the company’s long-term strategy.

Greenlight Capital Re (NASDAQ: GLRE) reported third quarter 2025 results with a record quarterly combined ratio of 86.6% and strong underwriting performance. Q3 gross premiums written rose 9.5% to $184.4M and net underwriting income was $22.3M versus $6.1M a year ago. Q3 investment activity produced a $17.4M loss, contributing to a Q3 net loss of $4.4M (-$0.13/share). For the nine months, gross premiums written were $612.0M, net income was $25.6M, and fully diluted book value per share was $18.90. The company repurchased $2.0M of stock.

Greenlight Capital Re (NASDAQ: GLRE) will release third quarter and nine-months ended September 30, 2025 financial results after market close on Monday, November 3, 2025. A live conference call is scheduled for Tuesday, November 4, 2025 at 9:00 a.m. ET to discuss results.

Investors can join by phone (U.S. toll free 1-877-407-9753; international 1-201-493-6739) or via webcast at https://event.webcasts.com/starthere.jsp?ei=1727624&tp_key=9fa8b9073f. A telephone replay will be available through November 9, 2025 (U.S. toll free 1-877-660-6853; international 1-201-612-7415; access code 13754962). An audio file will be posted on the company website www.greenlightre.com.

Greenlight Capital Re (NASDAQ: GLRE) has reported its Q2 2025 financial results, demonstrating mixed performance. The company achieved a 95.0% combined ratio and increased gross premiums written by 6.3% to $179.6 million. Net income was $0.3 million ($0.01 per diluted share), down from $8.0 million in Q2 2024.

For H1 2025, GLRE posted stronger results with net income of $30.0 million ($0.87 per diluted share) and gross premiums written growth of 10.7% to $427.6 million. The company's fully diluted book value per share increased 5.7% to $18.97 from year-end 2024. During Q2, GLRE returned capital to shareholders through $5.0 million in share buybacks at an average cost of $13.99 per share.

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%.