Author: Wendy Lennon
Greenlight Capital Re, Ltd. Schedules Fourth Quarter and Year End 2021 Financial Results and Conference Call
Greenlight Re Innovations Announces Investment in Cargo Insurance Platform Redkik
Greenlight Re Innovations Receives In-Principle Approval to Establish Insurtech-focused Syndicate 3456
Greenlight Re Innovations Announces Investment in Blueprint Title, a Full-Stack Title Insurance Carrier and Agency
GRAND CAYMAN, Cayman Islands – November 11th, 2021 – Greenlight Re Innovations (“GRI”), part
of Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”), has announced
an investment in Blueprint Holding Co., Inc. (“Blueprint”), a full-stack title insurance company with a
focus on digitalization and integration of technology.*
Greenlight Capital Re, Ltd. Third Quarter 2021 Earnings Call (Audio File)
Greenlight Re Announces Third Quarter 2021 Financial Results
- Net loss of $13.9 million, or $0.42 per share, compared to net income of $2.2 million, or $0.06 per share, in the third quarter of 2020.
- Combined ratio of 109.3%, compared to a combined ratio of 100.4% in the third quarter of 2020.
- Adjusted combined ratio, which excludes the impact of catastrophes, improved to 90.3%, compared to an adjusted combined ratio of 93.6% in the third quarter of 2020.
- Total investment income of $4.1 million, compared to total investment income of $6.9 million in the third quarter of 2020.
- A decrease in fully diluted book value per share of $0.35, or 2.6%, to $13.25.