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Greenlight Capital Re Ltd - GLRE STOCK NEWS

Welcome to our dedicated news page for Greenlight Capital Re (Ticker: GLRE), a resource for investors and traders seeking the latest updates and insights on Greenlight Capital Re.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Greenlight Capital Re's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Greenlight Capital Re's position in the market.

Rhea-AI Summary
Greenlight Capital Re, Ltd. achieves record underwriting income of $32.0 million for full year 2023, with net income of $86.8 million. The company reports strong financial results for both the fourth quarter and full year 2023, showcasing growth in gross premiums written and net premiums earned. The fully diluted book value per share increased by $2.41, or 16.8%, to $16.74 at December 31, 2023. Key executives express confidence in the company's performance and strategic positioning for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.34%
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Rhea-AI Summary
Greenlight Capital Re, Ltd. announces the release of its financial results for the fourth quarter and year ended December 31, 2023. A live conference call to discuss the results will be held on March 6, 2024, at 9:00 a.m. Eastern Time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.16%
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Rhea-AI Summary
AM Best: Greenlight Capital Re, Ltd. (NASDAQ: GLRE) CEO Simon Burton to Depart, Greg Richardson to Succeed. Credit Ratings Remain Unchanged.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.69%
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none
Rhea-AI Summary
Greenlight Capital Re, Ltd. (NASDAQ: GLRE) reported a significant 18.0% increase in gross premiums written, with net income of $13.5 million ($0.39 per diluted ordinary share) and a 2.3% increase in fully diluted book value per share to $16.58. The company's underwriting income of $14.4 million improved, along with a combined ratio of 91.2% compared to 115.4% in the previous year. The results demonstrate strong growth and financial stability, despite challenges in the equity markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.93%
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-
Rhea-AI Summary
Greenlight Capital Re, Ltd. (Nasdaq: GLRE) announces CEO Simon Burton's departure and appointment of Greg Richardson as the new CEO effective January 1, 2024. Burton to step down as director on December 31, 2023. Richardson brings industry expertise and experience from TransRe and Harbor Point Re.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.51%
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none
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Rhea-AI Summary
Greenlight Capital Re, Ltd. expects to release its financial results for the quarter ended September 30, 2023, on November 8, 2023. A conference call to discuss the results will be held on November 9, 2023. Details for participating in the call can be found in the press release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.24%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.27%
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Rhea-AI Summary
Greenlight Capital Re, Ltd. (NASDAQ: GLRE) expects to release financial results for the quarter ended June 30, 2023, on August 2, 2023. A live conference call to discuss the financial results will be held on August 3, 2023, at 9:00 a.m. Eastern Time. Conference call details and webcast access are provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.1%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.45%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.09%
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none
Greenlight Capital Re Ltd

Nasdaq:GLRE

GLRE Rankings

GLRE Stock Data

428.23M
25.63M
31.84%
55.31%
1.26%
Reinsurance Carriers
Finance and Insurance
Link
Cayman Islands
Camana Bay P O Box 31110

About GLRE

greenlight reinsurance ireland, limited is an accounting company located in 13-17dawson st, dublin, dublin, ireland.