-+ 0.00%
-+ 0.00%
-+ 0.00%

Greenlight Re Q1 net underwriting income swings to USD 6.2 million; combined ratio narrows 8.6 points to 96.0%

PUBT·05/05/2026 20:56:24
Listen to the news
Greenlight Re Q1 net underwriting income swings to USD 6.2 million; combined ratio narrows 8.6 points to 96.0%
  • Greenlight Capital Re posted net income of $35.8 million, or $1.05 per diluted share, up from $29.6 million, or $0.86 per diluted share, in first-quarter 2026.
  • Underwriting swung to income of $6.2 million from a loss of $7.8 million, while combined ratio improved 8.6 percentage points to 96.0%.
  • Gross premiums written fell 8% to $227.9 million, with net premiums earned down 8% to $154.1 million.
  • Total investment income was $40.4 million, little changed from $40.5 million, as Solasglas portfolio gained 6.8%.
  • Share repurchases totaled $5 million at an average $16.70 per share, followed by another $9.5 million in April at an average $18.38.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenlight Capital Re Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605051624PRIMZONEFULLFEED9713739) on May 05, 2026, and is solely responsible for the information contained therein.