Welcome to our dedicated page for Greenlight Capital Re news (Ticker: GLRE), a resource for investors and traders seeking the latest updates and insights on Greenlight Capital Re stock.
Greenlight Capital Re Ltd (GLRE) provides specialized property and casualty reinsurance solutions, combining underwriting expertise with strategic risk management. This page serves as the definitive source for official company updates and industry analysis, offering stakeholders timely insights into GLRE's operational and financial developments.
Access curated press releases, earnings reports, and strategic announcements to track the company's performance in global reinsurance markets. Key coverage areas include underwriting initiatives, investment portfolio updates, leadership changes, and responses to industry trends affecting property/casualty risk management.
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Greenlight Re announced its first quarter 2024 financial results, showcasing a 16.5% growth in gross premiums written, leading to a net income of $27.0 million. The company reported a combined ratio of 98.0%, with total investment income reaching $26.4 million. Additionally, fully diluted book value per share increased by 3.9% to $17.39.
Greenlight Capital Re, (NASDAQ: GLRE) is set to release its financial results for the first quarter of 2024 on May 8, 2024, with a live conference call scheduled for May 9, 2024, to discuss the results. The company is a multiline property and casualty insurer and reinsurer.