GREENLIGHT CAPITAL RE, LTD. executive Brian Joseph O’Reilly, Head of Innovations, recorded a disposition of 2,195 ordinary shares on March 9, 2026. A footnote clarifies these shares were forfeited performance-based restricted stock granted in 2023, rather than a discretionary market sale. Following the forfeiture, O’Reilly directly holds 97,135 ordinary shares, indicating this was a relatively small adjustment to his overall equity position.
GREENLIGHT CAPITAL RE, LTD. Chief Actuary Richard Paul Strommer reported a disposition of 2,786 ordinary shares on March 9, 2026. A footnote explains these shares were forfeited performance-based restricted stock granted in 2023, rather than an open-market sale for cash. Following this forfeiture, Strommer directly holds 68,025 ordinary shares, indicating a relatively small reduction in his equity position.
GREENLIGHT CAPITAL RE, LTD. Chief Operating Officer Patrick O'Brien acquired 31,961 ordinary shares on March 9, 2026 through the vesting of restricted stock units that converted into shares. The shares were granted at no cash cost to him and are held directly. Following this award, he owns a total of 202,386 ordinary shares.
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.