Greenlight Re Announces Second Quarter 2020 Financial Results
GRAND CAYMAN, Cayman Islands – August 5, 2020 – Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”) today reported a net loss of $0.1 million, or $0.00 per share, in the second quarter of 2020, compared to net income of $15.3 million, or $0.42 per share, in the second quarter of 2019. Fully diluted book value per share increased $0.18, or 1.5%, to $11.81 in the second quarter of 2020, reflecting share repurchases executed during the quarter. Fully diluted book value per share was $13.58 at the end of the second quarter of 2019.
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