Greenlight Capital Re

Greenlight Capital Re Ltd. operates as a specialist property and casualty reinsurance company. It specializes in underwriting traditional property and casualty reinsurance, risk innovation, and strategic partnerships. The company was founded on July 13, 2004 and is headquartered in Camana Bay, Cayman Islands.

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Greenlight Capital Re reports solid Q4 performance amidst market changes

Greenlight Capital Re (GLRE) showcased a strong financial performance in Q4 2022, driven by positive market changes and strategic initiatives.
Despite underwriting challenges from catastrophic losses, the company demonstrated resilience and leadership in navigating operational hurdles.
Opportunities for revenue diversification and market expansion exist through innovation partnerships and strategic fund positioning.
The company's performance reflects a balance of financial strength, operational challenges, and strategic opportunities in a dynamic market environment.

Greenlight Capital Re reports steady Q1 growth amidst underwriting challenges

Greenlight Capital Re (GLRE) delivered a solid performance in Q1 2023, with growth in book value per share and net income. Despite challenges in underwriting results, the company demonstrated resilience and strategic focus on profitable opportunities.
The company's investments in companies like Green Brick Partners and Kyndryl Holdings paid off, while challenges with Brighthouse Financial and market uncertainties require careful navigation. Opportunities in Vitesco Technologies and insurtech valuations offer avenues for future growth and expansion.

Greenlight Capital Re reports robust Q2 earnings amidst strategic investments

Greenlight Capital Re's Q2 2023 earnings call highlighted strong financial performance, growth in book value per share, and strategic investments in insurance products. Despite challenges from severe storms and fluctuating premiums, the company is poised for improvements and margin opportunities.

Greenlight Capital Re posts strong Q3 results, plans for growth

Greenlight Capital Re's Q3 2023 performance reflects a solid financial position with growth in net income and book value per share.
The company's strategic focus on renewals, insurtech partnerships, and CEO transition signals a commitment to growth and innovation.
While facing challenges in operational performance and leadership transition, Greenlight Capital Re has opportunities for revenue growth and strategic collaborations.

Greenlight Capital Re reports robust Q4 performance and strategic growth

Greenlight Capital Re's Q4 2023 earnings call showcased strong financial performance and strategic insights into its investment portfolios. While facing challenges such as lower returns compared to market benchmarks, the company remains focused on niche investments and growth in key segments. With a solid foundation and growth opportunities identified, Greenlight Capital Re is poised for continued success in the market.

Greenlight Re reports strong Q1 performance amidst challenges and opportunities

Greenlight Capital Re (GLRE) delivered a robust performance in Q1 2024, driven by premium growth and solid net income.
The company faces challenges in managing expenses and external factors but remains well-positioned for growth.
Strategic investments, diversified portfolio, and focus on innovation present opportunities for future expansion and profitability.

Greenlight Capital Re reports solid Q2 performance and strategic growth moves

Greenlight Capital Re (GLRE) delivered a resilient performance in Q2 2024, with strong underwriting results and positive investment performance.
The company faces challenges from natural catastrophe losses and macroeconomic uncertainties but is well-positioned to capitalize on growth opportunities.
Increasing the Solasglas fund allocation and identifying growth prospects in property and specialty classes showcase strategic moves for future profitability.
Investor Day and ongoing communication efforts demonstrate transparency and commitment to engaging stakeholders in the company's growth trajectory.

Greenlight Capital Re (GLRE) reports robust Q3 earnings and growth prospects

Greenlight Capital Re (GLRE) delivered a strong performance in Q3 2024, with notable growth in net income and book value per share.
Despite challenges such as decreased premiums and higher expenses, the company maintained underwriting profitability and market confidence.
Strategic strengths in underwriting focus, specialty book growth, and investment income position Greenlight Capital Re (GLRE) for future opportunities.
By addressing challenges and leveraging opportunities, the company can sustain its financial strength and drive further growth in the market.

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GRAND CAYMAN, Cayman Islands, Nov. 24, 2020 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, today announced that it has established a UK marketing company, Greenlight Re Marketing (UK) Limited (“Greenlight Re UK”), to increase its presence in the London market. The Company also announced the appointment of Andrew Gladwin as Greenlight Re UK's first employee.

Greenlight Capital Re, Ltd. Announces Creation of a UK Marketing Company and the Appointment of Andrew Gladwin

Greenlight Capital Re Ltd (GLRE) CEO Simon Burton on Q3 2020 Results - Earnings Call Transcript

GRAND CAYMAN, Cayman Islands, Oct. 27, 2020 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE), a specialist property and casualty reinsurer based in the Cayman Islands and Ireland, today announced that it expects to release financial results for the quarter ended September 30, 2020 after the market closes on Wednesday, November 4, 2020.  A live conference call to discuss the financial results will be held on Thursday, November 5, 2020 at 9:00 a.m. Eastern time.

Greenlight Capital Re Schedules Third Quarter 2020 Financial Results and Conference Call

Swiss Re AG

Hannover Re has seen a number of additional property cat placements so far this year.

2020 Could Be One Of The 'Costliest Years' For Re/Insurers: Althoff, Hannover Re

Simon Burton – Chief Executive Officer and Chief Underwriting Officer  Neil Greenspan – Chief Financial Officer  Faramarz Romer – Chief Accounting Officer and Treasurer

Greenlight Capital Re, Ltd. Announces Leadership Changes

Greenlight Capital Re, Ltd. (GLRE) CEO Simon Burton on Q2 2020 Results - Earnings Call Transcript

Net loss of $0.1 million     Fully diluted book value per share increased to $11.81 at quarter end

Greenlight Re Announces Second Quarter 2020 Financial Results

GRAND CAYMAN, Cayman Islands, July  23, 2020  (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE), a specialist property and casualty reinsurer based in the Cayman Islands and Ireland, today announced that it expects to release financial results for the second quarter ended June 30, 2020 after the market closes on Wednesday, August 5, 2020.  A live conference call to discuss the financial results will be held on Thursday, August 6, 2020 at 9:00 a.m. Eastern time.

Greenlight Capital Re Schedules Second Quarter 2020 Financial Results and Conference Call

Greenlight Capital Re, Ltd. (GLRE) CEO Simon Burton on Q1 2020 Results - Earnings Call Transcript

GRAND CAYMAN, Cayman Islands, April  13, 2020  (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”), a global specialty property and casualty reinsurer headquartered in the Cayman Islands, today announced preliminary, unaudited financial estimates of its results of operations for the quarter ended March 31, 2020.

Greenlight Re Announces Preliminary First Quarter 2020 Results

GRAND CAYMAN, Cayman Islands, April  02, 2020  (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (Nasdaq: GLRE) (“Greenlight Re” or the “Company”), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, today announced that its Board of Directors (the “Board”) has completed its review of strategic transaction alternatives. After a thorough and rigorous process conducted by the Board with the assistance of Credit Suisse Securities (USA) LLC, the Company determined that the best course of action is to continue its existing business plan. The Board, following a recommendation made by a special committee composed of independent directors, determined that at this time stockholder value is likely to be better enhanced on a standalone basis than by pursuing a transaction with a third party.

GREENLIGHT CAPITAL RE, LTD. ANNOUNCES COMPLETION OF STRATEGIC REVIEW AND SECURITIES REPURCHASE AUTHORIZATION

Greenlight Capital Re, Ltd. (GLRE) CEO Simon Burton on Q4 2019 Results - Earnings Call Transcript

AerCap Hlds

Assured Guaranty

Brighthouse Financial

Chemours

DXC Technology

General Motors

Green Brick Partners

Netflix

We begin 2020 with a portfolio that continues to be concentrated in our best ideas. We currently have 96% of capital in our top 10 longs and 47% of capital in our top 10 shorts.

Greenlight Capital Q4 2019 Letter

Greenlight Capital Re, Ltd. (GLRE) CEO Simon Burton on Q3 2019 Results - Earnings Call Transcript

Greenlight Capital Re had its outlook revised from stable to negative by rating agency A.M. Best.

Greenlight Capital Re: De-Risked Portfolio Limits Upside

Greenlight Capital Re, Ltd. (GLRE) CEO Simon Burton on Q2 2019 Results - Earnings Call Transcript

Greenlight Re is the listed reinsurance vehicle of David Einhorn, a well-known billionaire, managing a long-short value-oriented hedge fund, Greenlight Capital.

Greenlight Re: To Invest Or Not To Invest (With David Einhorn), That's The Question

Tesla

Greenlight Capital Re’s first quarter results were a disappointment due to insurance losses.

Greenlight Capital Re: Tesla Brings Einhorn From Hero To Zero And Back

Greenlight Capital Re, Ltd. (GLRE) CEO Simon Burton on Q1 2019 Results - Earnings Call Transcript

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