Greenlight Re Announces Third 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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US:NASDAQ Investor Relations:
greenlightre.ky
Company Research
Source: GlobeNewswire
GRAND CAYMAN, Cayman Islands, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”) today reported its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights (all comparisons are to third quarter 2023 unless noted otherwise): Gross premiums written of $168.3 million compared to $183.1 million;Net premiums earned of $151.9 million, compared to $163.1 million;Net underwriting income of $6.1 million, compared to $14.4 million;Total investment income of $28.1 million, compared to $5.1 million;Net income of $35.2 million, or $1.01 per diluted ordinary share, compared to $13.5 million, or $0.39 per diluted ordinary share;Combined ratio of 95.9%, compared to 91.2%; andFully diluted book value per share increased $1.07, or 6.1%, to $18.72, from $17.65 at June 30, 2024. Greg Richardson, Chief Executive Officer of Greenlight Re, stated, “Our third quarter results demonstrated Greenlight Re’s
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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 Capital Re, Ltd. (NASDAQ: GLRE) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Greenlight Capital Re, Ltd. Schedules Third Quarter 2024 Financial Results and Conference CallGlobeNewswire
GLRE
Sec Filings
- 11/19/24 - Form 8-K
- 11/4/24 - Form 10-Q
- 11/4/24 - Form 8-K
- GLRE's page on the SEC website