Greenlight Re Announces Fourth Quarter and Year-end 2023 Financial Results
Greenlight Reinsurance, Ltd. - Class A Ordinary Shares (GLRE)
Last greenlight reinsurance, ltd. - class a ordinary shares earnings: 2/27 04:04 pm
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US:NASDAQ Investor Relations:
greenlightre.ky
Company Research
Source: GlobeNewswire
GRAND CAYMAN, Cayman Islands, March 05, 2024 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”) today reported its financial results for the fourth quarter and year-ended December 31, 2023. Fourth Quarter 2023 Highlights (all comparisons are to fourth quarter 2022 unless noted otherwise): Gross premiums written decreased 11.8% to $112.3 million;Net premiums earned increased 23.4% to $137.4 million;Underwriting income of $11.8 million compared to $6.5 million;Net income of $17.6 million, or $0.50 per diluted ordinary share, compared to $34.8 million, or $0.91 per diluted ordinary share;Combined ratio of 91.4%, compared to 94.2%;Total investment income of $13.6 million, compared to $32.5 million; andFully diluted book value per share increased $0.59, or 3.7%, to $16.74, from $16.15 at September 30, 2023. Full Year 2023 Highlights (all comparisons are to full year 2022): Gross premiums written increased 13.1% to $636.8 million;Net prem
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GLRE
Sec Filings
- 4/25/24 - Form DEF
- 4/19/24 - Form 4/A
- 4/18/24 - Form 8-K
- GLRE's page on the SEC website