Greenlight Re Announces First Quarter 2017 Financial Results
GRAND CAYMAN, Cayman Islands – May 2, 2017 – Greenlight Capital Re, Ltd. (NASDAQ: GLRE) today announced financial results for the first quarter ended March 31, 2017. Greenlight Re reported net income of $8.4 million for the first quarter of 2017, compared to net income of $28.7 million for the same period in 2016. Fully diluted net income per share for the first quarter of 2017 was $0.22, compared to $0.77 for the same period in 2016.