NEWS & MEDIA

May 4, 2015

Earnings & Results

Greenlight Re Announces First Quarter 2015 Financial Results

GRAND CAYMAN, Cayman Islands – May 4, 2015 – Greenlight Capital Re, Ltd. (NASDAQ: GLRE) today announced financial results for the first quarter ended March 31, 2015. Greenlight Re reported a net loss of $24.0 million for the first quarter of 2015, compared to a net loss of $8.9 million for the same period in 2014. The net loss per share for the first quarter of 2015 was $0.65, compared to a net loss per share of $0.24 for the same period in 2014.

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