Greenlight Re Announces First Quarter 2016 Financial Results
GRAND CAYMAN, Cayman Islands – May 2, 2016 – Greenlight Capital Re, Ltd. (NASDAQ: GLRE) today announced financial results for the first quarter ended March 31, 2016. Greenlight Re reported net income of $28.7 million for the first quarter of 2016, compared to a net loss of $24.0 million for the same period in 2015. The net income per share for the first quarter of 2016 was $0.77, compared to a net loss per share of $0.65 for the same period in 2015.
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