Every 8-K that Greenlight Captial RE, LTD. (GLRE) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow GLRE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GLRE filings page.
GREENLIGHT CAPITAL RE, LTD. (GLRE) reported changes to its board composition. Effective September 1, 2026, John Welch was appointed as an independent director of the company’s board and of the board of Greenlight Reinsurance, Ltd., with the latter appointment subject to approval by the Cayman Islands Monetary Authority. On the same date, he joined the Audit, Compensation, and Underwriting Committees. The company also highlighted the recent addition of director Ariel Warszawski, elected by shareholders at the Annual General Meeting on July 28, 2026. Both appointees bring extensive insurance, reinsurance, and investment experience to support the company’s multiline property and casualty reinsurance and non-traditional investment strategy.
Greenlight Capital Re entered an Ordinary Share Repurchase Agreement with the David M. Einhorn 2021-07 Family Trust to keep Chairman David Einhorn’s ownership percentage roughly stable amid ongoing buybacks and to mitigate adverse tax consequences. Between August 7 and October 26, 2026, the company will repurchase from the trust a number of ordinary shares equal to 33% of the ordinary shares it repurchases in the market under its April 28, 2026 authorization, at the same weighted average price paid in those repurchases, excluding commissions. Closing is expected on or about October 30, 2026, with customary termination rights if no repurchases occur or closing is delayed.
For the second quarter of 2026, Greenlight Re recorded a net loss of $29.6 million, or $(0.89) per diluted share, versus net income of $0.3 million a year earlier, as a $23.8 million total investment loss and higher catastrophe and Middle East-related losses turned underwriting from an $8.1 million profit to a near break-even $(0.2) million. The combined ratio rose to 100.1% from 95.0%, while gross premiums written grew 2% to $183.1 million. Despite a weaker quarter, the first half of 2026 remained profitable, with net income of $6.2 million versus $30.0 million in 2025 and an improved combined ratio of 98.1% versus 99.9%. Capital management remained active: the company repurchased $14.2 million of shares in the quarter and $19.2 million in the first half, plus $3.9 million more through August 3, 2026, totaling 4.0% of outstanding shares in 2026 and leaving fully diluted book value per share at $20.61 on June 30, 2026.
Greenlight Capital Re, Ltd. held its Annual General Meeting of Shareholders on July 28, 2026. Shareholders elected all nominated directors to serve until the 2027 Annual General Meeting, with individual nominees receiving between about 19.7 million and 20.8 million votes “for” and 4,523,741 broker non-votes recorded on each director proposal.
Shareholders ratified the appointment of Deloitte Ltd. as independent auditors for the fiscal year ending December 31, 2026, with 25,993,079 votes for, 7,051 against, and 23,685 abstentions. They also approved, by a non-binding advisory vote, the compensation of named executive officers, with 20,297,031 votes for, 949,887 against, 253,156 abstentions, and 4,523,741 broker non-votes.
Greenlight Capital Re, Ltd. entered into an Ordinary Share Repurchase Agreement with the David M. Einhorn 2021-07 Family Trust to manage Chairman David Einhorn’s ownership level during ongoing buybacks. As the company repurchases shares under a new Rule 10b5-1 plan, it will also repurchase shares from the trust so his ownership percentage stays approximately constant and avoids potential adverse tax consequences.
The company will buy from the trust a number of ordinary shares equal to 33% of the aggregate shares it repurchases under the planned June 10b5-1 program, at the same weighted average price per share, excluding commissions. The transaction is expected to close on or about August 3, 2026, with termination rights if the plan is not entered into, no shares are repurchased under it by that date, or closing does not occur.
Greenlight Capital Re reported stronger first quarter 2026 results, with a combined ratio of 96.0% and net income of $35.8 million, or $1.05 per diluted share, compared with $29.6 million, or $0.86, a year earlier. Gross premiums written fell 8% to $227.9 million and net premiums earned declined 8% to $154.1 million, but underwriting improved from a $7.8 million loss to $6.2 million of income as the loss ratio dropped to 59.1% from 72.9%.
Total investment income was stable at $40.4 million versus $40.5 million in 2025, including $33.7 million from the Solasglas portfolio, which gained 6.8% year to date. Fully diluted book value per share rose 4.7% in the quarter to $21.40 from $20.43, and shareholders’ equity reached $741.2 million.
The company also emphasized capital returns, repurchasing $5 million of shares in the quarter at an average price of $16.70 and another $9.5 million in April 2026 at $18.38, totaling about 2.4% of shares. Management highlighted disciplined underwriting in the Open Market and Innovations segments alongside continued value-oriented investment performance.
Greenlight Capital Re, Ltd. entered into updated letter of credit arrangements with CIBC Bank USA, providing aggregate committed LC capacity of $300.0 million for its subsidiaries Greenlight Reinsurance Ireland DAC and Greenlight Reinsurance, Ltd. The facilities mature on December 22, 2027 and are secured by first-priority liens on cash collateral accounts equal to the outstanding letter of credit amounts.
The prior Greenlight Re credit agreement with CIBC dated December 22, 2023 was terminated, and existing GRIL-related letters of credit were rolled into the new GRIL facility. Separately, General Counsel David Sigmon rescinded his previously announced resignation and will continue in his roles under his existing employment agreement.
Greenlight Capital Re reported a sharp turnaround in profitability for Q4 and full-year 2025, driven by stronger underwriting and solid investment returns. In Q4 2025, gross premiums written rose 12% to $161.3 million, net underwriting swung to a $13.0 million profit from an $18.0 million loss, and the combined ratio improved to 92.1% from 112.1%. Total investment income increased to $44.8 million, supporting net income of $49.3 million, or $1.44 per diluted share, versus a loss a year earlier.
For 2025, gross premiums written grew 11% to $773.3 million, with net underwriting income of $35.7 million versus an $8.2 million loss in 2024 and a full-year combined ratio of 94.6%, better than 101.4%. Net income rose to $74.8 million ($2.17 diluted EPS). Fully diluted book value per share increased 13.8% to $20.43, helped by share repurchases of $9.8 million in 2025 and positive returns from the Solasglas investment portfolio.
Greenlight Capital Re, Ltd. reported that David Sigmon has notified the company of his intent to resign as General Counsel, Chief Compliance Officer and Corporate Secretary, effective May 1, 2026. The company states that his resignation is not due to any disagreement with management, the board, or the company’s operations, policies, or practices. Mr. Sigmon will continue in all current roles until his departure to support an orderly transition.
Greenlight Capital Re, Ltd. furnished an update on its recent performance by announcing financial results for the third quarter and nine months ended September 30, 2025. The disclosure was made through a press release attached to an 8‑K.
The company provided its earnings press release as Exhibit 99.1 and an investor presentation dated September 30, 2025 as Exhibit 99.2. Under Item 2.02 and General Instruction B.2, these materials are deemed “furnished” rather than “filed,” are not subject to Section 18 of the Exchange Act, and are not incorporated by reference unless specifically referenced.
Greenlight Capital Re, Ltd. replaced its term loan with a $50.0 million revolving credit facility that matures on September 3, 2030, and carries interest at Term SOFR plus 3.25% per annum. The company reduced outstanding borrowings under its previous credit agreement from approximately $59.0 million to $50.0 million and used the new Revolving Credit Facility to refinance that balance. The Amended Credit Agreement is guaranteed by substantially all subsidiaries (excluding two regulated insurance subsidiaries) and is secured by a first-priority lien on a collateral account that must maintain a minimum cash balance of $10.0 million held at CIBC.
Separately, Greenlight Reinsurance, Ltd. entered an uncommitted, unsecured £50.0 million letter of credit facility with Citibank Europe plc on September 9, 2025, to support growth of its Funds at Lloyd's business and participation on Lloyd's syndicates. The LC Facility is guaranteed by the parent company and contains customary terms; termination by Citibank includes a specified final expiration provision. Full documents will be filed as exhibits to the company’s Quarterly Report for the quarter ending September 30, 2025.