Greenlight Capital Re, Ltd.

NASDAQ•GLRE

CEO: Mr. Faramarz Romer

Sector: Financial Services

Industry: Insurance - Reinsurance

Listing Date: 2007-05-24

Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurance company worldwide. The company offers various property reinsurance products and services, including automobile physical damage, personal lines, and commercial lines. It also provides casualty reinsurance products and services comprising general liability, motor liability, professional liability, and worker's compensation; and accident and health, transactional liability, mortgage insurance, surety, trade credit, marine, and energy, as well as other specialty products, such as aviation, crop, cyber, political, and terrorism products. The company markets its products through reinsurance brokers. Greenlight Capital Re, Ltd. was incorporated in 2004 and is headquartered in Grand Cayman, the Cayman Islands.

Contact Information

65 Market Street, Suite 1207, Jasmine Court Camana Bay PO Box 31110, Grand Cayman, KY1-1205, Cayman Islands

205-291-3440

greenlightre.com

Market Cap

$580.41M

P/E (TTM)

7.3

6.7

Dividend Yield

52W High

$19.39

52W Low

$11.57

52W Range

76%

Rank42Top 47.5%

3.9

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 3.9 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q1 2026 Data

Revenue

$160.88M+0.00%

4-Quarter Trend

EPS

$1.06+0.00%

4-Quarter Trend

FCF

$37.24M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Net Income Jumps 74.8% Net income reached $74.8M USD, a $32.0M increase, driven by strong underwriting results.

Underwriting Income Rebounds Strongly Net underwriting income reached $35.7M USD, reversing prior year's $8.2M loss significantly.

Gross Premiums Written Increased Gross premiums written totaled $773.3M USD in 2025, marking a 10.7% growth across segments.

Book Value Per Share Rises Fully diluted book value per share grew 13.8% to $20.43 USD, reflecting shareholder value focus.

Risk Factors

Loss Reserves Adequacy Concern Inadequate loss reserves relative to incurred losses and LAE could materially affect financial condition.

Catastrophe Event Exposure High Property and casualty operations remain vulnerable to unpredictable catastrophic events, impacting period results.

Innovations Portfolio Concentration Top five Innovations holdings represent 53% of carrying value, increasing valuation risk and volatility.

Broker Dependence Creates Risk Significant portion of Open Market business relies on four major brokers, posing concentration risk.

Outlook

Focus on Diluted Book Value Primary financial goal remains long-term growth in diluted book value per share, targeting 8.8% CAGR.

Capital Deployed via Buybacks Strong operating cash flows funded further stock buybacks and repayment of most outstanding debt in 2025.

Rating Upgrade Supports Growth A.M. Best upgraded rating to A (Excellent) in late 2025, supporting balance sheet strength and opportunities.

Innovations Segment Expansion Innovations gross premiums grew 28% to $121.6M USD, positioning for future growth and diversification.

Peer Comparison

Revenue (TTM)

GLRE

$677.66M

+3.5%

$659.90M

+10.5%

GBLI

$450.62M

+3.0%

Gross Margin (Latest Quarter)

CARE

108.4%

+1.9pp

94.3%

+0.5pp

CWBC

76.1%

+6.1pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
AROW	$592.73M	11.5	12.0%	0.6%
RRBI	$591.17M	13.3	12.5%	0.0%
NFBK	$585.95M	117.2	0.7%	15.6%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

-3.4%

Flat Growth

4Q Net Income CAGR

377.2%

Profitability Improved

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:Aug 3, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data