Welcome to our dedicated page for GREENLIGHT CAPITAL RE, LTD. SEC filings (Ticker: GLRE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Greenlight Capital Re filings document a Cayman Islands holding company with multiline property and casualty insurance and reinsurance operations. Form 8-K reports cover quarterly and annual operating results, underwriting measures, investment income, book value per share and ordinary-share repurchase activity.
The company’s regulatory filings also disclose material financing arrangements, including revolving credit and letter-of-credit facilities involving its reinsurance subsidiaries. Proxy materials cover board matters, executive compensation, equity awards and shareholder voting, while other 8-K filings record leadership and corporate-governance events.
Greenlight Capital Re is a Cayman Islands–based specialty property and casualty reinsurer operating through its Open Market and Innovations segments and a Lloyd’s platform. The company focuses on multi-line P&C reinsurance, insurtech partnerships, and a value-oriented investment strategy.
In 2025, consolidated gross premiums written rose 10.7% to $773.3 million, led by the Open Market segment and a 28% increase in Innovations premiums to $121.6 million. At December 31, 2025, the company reported $2.2 billion in total assets, $0.7 billion in shareholders’ equity, and a 13.8% increase in fully diluted book value per share.
Management highlights strong operating cash flows that supported share repurchases and repayment of most outstanding debt, alongside a disciplined focus on short- and medium-tail risks and tight underwriting controls. Investments of $633.1 million are primarily managed through the Solasglas fund, which returned 7.5% in 2025. A.M. Best upgraded the group’s Financial Strength Rating to A (Excellent) with a stable outlook, reflecting perceived improvements in balance sheet strength and operating performance.
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. (GLRE) director reported an open-market purchase of company shares. On 11/20/2025, the reporting person bought 5,000 ordinary shares of GLRE at a weighted average price of $12.9182 per share. After this transaction, the director beneficially owns 54,100 ordinary shares, held directly. The filing notes that the purchase price reflects multiple trades within a range from $12.8500 to $12.9188 per share and that detailed trade-level pricing information is available upon request.
Greenlight Capital Re, Ltd. (GLRE) director Joseph P. Platt reported an open-market purchase of 5,000 ordinary shares on 11/18/2025. The trade, coded "P" for a purchase, was executed at a weighted average price of $12.9726 per share, with individual trade prices ranging from $12.9573 to $12.9764. The 5,000 shares are held indirectly by The Mary Jane & Joseph P Platt Jr. Family Foundation Inc.
Following this transaction, Mr. Platt beneficially owns 169,619 ordinary shares directly and 55,000 ordinary shares indirectly through a partnership of which he is the general partner, in addition to the 5,000 shares held via the family foundation.
Greenlight Capital Re (GLRE) CEO and director reported open‑market purchases of the company’s ordinary shares. On 11/06/2025, the reporting person bought 30,000 shares at a weighted average price of $12.63 (trades ranged from $12.33 to $12.73). On 11/07/2025, they bought 20,000 shares at a weighted average price of $12.92 (trades ranged from $12.56 to $13.07). Following these transactions, beneficial ownership was 80,091 shares, held directly.
Greenlight Capital Re (GLRE) insider transaction: The company’s Group Chief Underwriting Officer reported a sale of 9,942 ordinary shares on 11/07/2025 at $12.58 per share. Following the sale, the reporting person beneficially owns 169,890 shares, held directly. No derivative transactions were reported in this filing.
Greenlight Capital Re, Ltd. reported a Q3 2025 net loss of $4.4M, compared with net income of $35.2M in Q3 2024, as investment results turned negative despite stronger underwriting. Underwriting income rose to $22.3M from $6.1M, with a combined ratio of 86.6% (improved from 95.9%). Gross premiums written were $184.4M (up 9.5%) and net premiums earned were $165.4M (up 8.9%).
Investment performance drove the decline: loss from Solasglas was $14.4M versus a $19.8M gain a year ago, and other investments contributed a $11.9M loss, alongside $2.0M in foreign exchange losses. Year to date, net income was $25.6M versus $70.2M a year ago, with YTD CAT losses of $27.0M tied to California wildfires.
Fully diluted book value per share was $18.90 at September 30, 2025, up 5.3% since year-end 2024. Operating cash flow reached $110.0M YTD. The company refinanced term loans with a $50M revolving credit facility and reported $35.0M outstanding at quarter-end; an additional $15.0M was repaid on October 6, 2025. Share repurchases totaled $7.0M (512,527 shares) YTD.
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.
Ian Isaacs, a director of Greenlight Capital Re, Ltd. (GLRE), reported a sale of company stock on 09/17/2025. The Form 4 shows the sale of 8,393 ordinary shares at a weighted average price reported as $12.79 (with individual trade prices ranging $12.79 to $12.82). After the reported sale, the filing indicates 71,137 shares beneficially owned directly by the reporting person. The filing also discloses indirect holdings of 25,000 shares held by the Isaacs Living Trust and 25,000 shares held in the Ian Isaacs IRA. The Form 4 was signed on behalf of the reporting person by an attorney-in-fact.