Greenlight Re Announces Fourth Quarter 2016 Financial Results
GRAND CAYMAN, Cayman Islands – February 22, 2017 – Greenlight Capital Re, Ltd. (NASDAQ: GLRE) today announced financial results for the fourth quarter and year ended December 31, 2016. Greenlight Re reported net income of $49.2 million for the fourth quarter of 2016, compared to a net loss of $43.1 million for the same period in 2015. The net income per share for the fourth quarter of 2016 was $1.31, compared to a net loss per share of $1.17 for the same period in 2015.
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