Greenlight Re Announces Third Quarter 2016 Financial Results

GRAND CAYMAN, Cayman Islands – November 3, 2016 – Greenlight Capital Re, Ltd. (NASDAQ: GLRE) today announced financial results for the third quarter ended September 30, 2016. Greenlight Re reported net income of $30.0 million for the third quarter of 2016, compared to a net loss of $219.7 million for the same period in 2015. The net income per share for the third quarter of 2016 was $0.80, compared to a net loss per share of $5.98 for the same period in 2015.