Author: Elliot Vernon
Greenlight Re Announces Fourth Quarter and Year-End 2019 Financial Results
GRAND CAYMAN, Cayman Islands – March 9, 2020 – Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”) today announced financial results for the fourth quarter ended December 31, 2019. Greenlight Re reported a net loss attributable to common shareholders of $30.3 million for the fourth quarter of 2019, compared to a net loss attributable to common shareholders of $80.8 million for the same period in 2018. The fully diluted net loss per share for the fourth quarter of 2019 was $0.84, compared to a net loss per share of $2.25 for the same period in 2018. The Company’s fourth quarter of 2019 was impacted by catastrophe losses related to typhoons Hagibis and Faxai. Fully diluted adjusted book value per share was $12.88 as of December 31, 2019, compared to $13.10 per share as of December 31, 2018 and $13.67 as of September 30, 2019.
Greenlight Capital Re Schedules Fourth Quarter and Year-End 2019 Financial Results and Conference Call
GRAND CAYMAN, Cayman Islands – February 18, 2020 – Greenlight Capital Re, Ltd. (NASDAQ: GLRE), a specialist property and casualty reinsurer based in the Cayman Islands and Ireland, today announced that it expects to release financial results for the fourth quarter ended December 31, 2019 after the market closes on Monday, March 9, 2020. A live conference call to discuss the financial results will be held on Tuesday, March 10, 2020 at 9:00 a.m. Eastern time.
Greenlight Capital Re, Ltd. Third Quarter 2019 Earnings Call (Audio File)
Greenlight Re Announces Third Quarter 2019 Financial Results
GRAND CAYMAN, Cayman Islands – November 6, 2019 – Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”) today announced financial results for the third quarter ended September 30, 2019. Greenlight Re reported net income attributable to common shareholders of $5.1 million for the third quarter of 2019, compared to a net loss attributable to common shareholders of $89.1 million for the same period in 2018. The fully diluted net income per share for the third quarter of 2019 was $0.14, compared to a net loss per share of $2.48 for the same period in 2018. The prior year period loss was primarily driven by a net investment loss during the period as well as an underwriting loss as a result of estimated losses from Hurricane Florence. Fully diluted adjusted book value per share was $13.67 as of September 30, 2019, compared to $15.29 per share as of September 30, 2018 and $13.58 as of June 30, 2019.
Greenlight Capital Re Schedules Third Quarter 2019 Financial Results And Conference Call
GRAND CAYMAN, Cayman Islands – October 24, 2019 – Greenlight Capital Re, Ltd. (NASDAQ: GLRE), a specialist property and casualty reinsurer based in the Cayman Islands and Ireland, today announced that it expects to release financial results for the third quarter ended September 30, 2019 after the market closes on Wednesday, November 6, 2019. A live conference call to discuss the financial results will be held on Thursday, November 7, 2019 at 9:00 a.m. Eastern time.
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Greenlight Capital Re, Ltd. Second Quarter 2019 Earnings Call (Audio File)
Greenlight Re Announces Second Quarter 2019 Financial Results
GRAND CAYMAN, Cayman Islands – August 5, 2019 – Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”) today announced financial results for the second quarter ended June 30, 2019. Greenlight Re reported net income attributable to common shareholders of $15.3 million for the second quarter of 2019, compared to net loss attributable to common shareholders of $37.4 million for the same period in 2018. The fully diluted net income per share for the second quarter of 2019 was $0.42, compared to a net loss per share of $1.01 for the same period in 2018.