Greenlight Re Announces Second Quarter 2024 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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greenlightre.ky
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Source: GlobeNewswire
GRAND CAYMAN, Cayman Islands, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”) today reported its financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights (all comparisons are to second quarter 2023 unless noted otherwise): Gross premiums written increased 9.1% to $169.0 million;Net premiums earned increased 13.2% to $158.4 million;Underwriting income of $0.3 million, compared to $5.4 million;Total investment income of $12.6 million, compared to $42.2 million;Net income of $8.0 million, or $0.23 per diluted ordinary share, compared to $49.9 million, or $1.32 per diluted ordinary share;Combined ratio of 99.8%, compared to 96.2%; andFully diluted book value per share increased $0.26, or 1.5%, to $17.65, from $17.39 at March 31, 2024. Greg Richardson, Chief Executive Officer of Greenlight Re, stated, “This quarter Greenlight Re continued its measured growth by taking advantage of attra
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News
- Greenlight Capital Re to Host Investor Day in New York on Tuesday, November 19, 2024GlobeNewswire
- Greenlight Capital Re Third Quarter 2024 Earnings: EPS: US$1.03 (vs US$0.40 in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- Greenlight Capital Re Ltd (GLRE) Q3 2024 Earnings Call Highlights: Strong Net Income Growth ... [Yahoo! Finance]Yahoo! Finance
- Greenlight Re Announces Third Quarter 2024 Financial ResultsGlobeNewswire
- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
GLRE
Sec Filings
- 11/4/24 - Form 10-Q
- 11/4/24 - Form 8-K
- 9/30/24 - Form 4
- GLRE's page on the SEC website