4th May 2022

Greenlight Capital Re reports first quarter net loss

Greenligh Capitalt Re has reported its financial results for the first quarter-Highlights are:
-A net loss of $5.7m, or $0.17 per share, compared to net income of $6.5m, or $0.19 per share, in the first quarter of 2021;
-A combined ratio of 106.2, compared to 101.5;
-Total investment income of $7.7m, compared to total investment income of $18.7m in the first quarter of 2021; and
-A decrease in fully diluted book value per share of $0.34, or 2.4%, to $13.65.

Greenlight Capital Re Trends(31 articles)